Upon taking office, Trump signed an executive order eliminating programs which reduce mortgage interest rates for qualified people. If Trump holds any investments in mortgage backed securities, he benefits personally from these investments in violation of the constitution. Since he has not released his tax returns and financial information and he has been heavily involved in banking and real estate, it is likely that he does hold mortgage backed securities. The suit must subpoena his records in order to confirm.
Why is this important?
Trump likely has illegal conflicts of interest but has refused to release the records necessary to prove he does not. The only well to force their release is through legal actions including subpoenas.
