Deutsche Bank is providing Congress with records about its prior dealings with President Trump, a powerful Democratic lawmaker said on Tuesday.
Waters is seeking documents from Deutsche Bank related to the millions of dollars in loans that it has extended to Trump and his businesses over the course of several decades, The Hill is reporting.
The congresswoman answered 'Yes' when asked on Tuesday if Deutsche Bank started to turn over documents linked to Trump.
Deutsche Bank has lent Trump Organization hundreds of millions of dollars for real estate ventures and is one of the few major lenders that has given large amounts of credit to Trump after a string of bankruptcies at his hotel and casino businesses during the 1990s.
The House Intelligence Committee, which is headed by Democratic Rep. Adam Schiff, is also probing Trump's financial ties to Deutsche Bank, as is the State of New York.The New York attorney general's office is looking into ties between Deutsche Bank and Investors Bank and several Trump Organization projects, the New York Times earlier this month.
Deutsche Bank has been subpoenaed for 'loan applications, mortgages, lines of credit and other financing transactions in connection with the Trump International Hotel in Washington DC; the Trump National Doral outside Miami; and the Trump International Hotel and Tower in Chicago', the newspaper reported.
Trump could theoretically face criminal bank fraud charges if prosecutors could prove Trump intended to deceive with financial statements and that the bank relied on those figures, said John Coffee, a law professor at Columbia University.
https://www.dailymail.co.uk/news/article-6854769/Deutsche-Bank-handing-Trumps-financial-records-Democrats-turn-attention-away-Mueller.html
Waters is seeking documents from Deutsche Bank related to the millions of dollars in loans that it has extended to Trump and his businesses over the course of several decades, The Hill is reporting.
The congresswoman answered 'Yes' when asked on Tuesday if Deutsche Bank started to turn over documents linked to Trump.
Deutsche Bank has lent Trump Organization hundreds of millions of dollars for real estate ventures and is one of the few major lenders that has given large amounts of credit to Trump after a string of bankruptcies at his hotel and casino businesses during the 1990s.
The House Intelligence Committee, which is headed by Democratic Rep. Adam Schiff, is also probing Trump's financial ties to Deutsche Bank, as is the State of New York.The New York attorney general's office is looking into ties between Deutsche Bank and Investors Bank and several Trump Organization projects, the New York Times earlier this month.
Deutsche Bank has been subpoenaed for 'loan applications, mortgages, lines of credit and other financing transactions in connection with the Trump International Hotel in Washington DC; the Trump National Doral outside Miami; and the Trump International Hotel and Tower in Chicago', the newspaper reported.
Trump could theoretically face criminal bank fraud charges if prosecutors could prove Trump intended to deceive with financial statements and that the bank relied on those figures, said John Coffee, a law professor at Columbia University.
https://www.dailymail.co.uk/news/article-6854769/Deutsche-Bank-handing-Trumps-financial-records-Democrats-turn-attention-away-Mueller.html
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