Donald Trump in front of the Trump Taj Mahal Casino in Atlantic City, New Jersey.

A new CNN report revealed US Treasury department documents proving federal authorities knew about money laundering operations at Donald Trump’s Taj Mahal Casino in Atlantic City, going all the way back to 1990.

The Senate Intelligence committee subpoenaed records from the Financial Crimes Enforcement Network (FinCEN) last week and is investigating the Trump Casinos as part of their review of the President’s ties to illegal activity.

CNN’s Jose Pagliery used a FOIA request to obtain records of the 1998 settlement, which indicated that violations began almost from the start of the Taj Mahal casino, before it went bankrupt multiple times under Donald Trump’s management.

The Trump Taj Mahal casino broke anti-money laundering rules 106 times in its first year and a half of operation in the early 1990s, according to the IRS in a 1998 settlement agreement. The casino repeatedly failed to properly report gamblers who cashed out $10,000 or more in a single day, the government said. Trump’s casino ended up paying the Treasury Department a $477,000 fine in 1998 without admitting any liability under the Bank Secrecy Act.

In a lengthy report, I detailed how entirely unusual it is for the federal government to know about a major money laundering operation, and to do absolutely nothing about it, for a single decade.

The IRS only commenced their second investigation in 2010 after a bankruptcy severed Donald Trump’s management rights to the casino.

This new revelation means investigators took a back seat for two entire decades while Trump was in charge, raising major questions about the reasons why one of America’s most prominent casino owners was allowed to run a financial institution without any anti-money laundering controls.

Here’s Trump’s 1998 settlement for money laundering violations at the Taj Mahal Casino: