United States  

Celebrating 10 Years of Trusted News Discovery
One News Page
> > >

House Committees Subpoena Deutsche Bank for Trump Loan Info

Video Credit: Newsy Studio - Duration: 01:16s - Published < > Embed
House Committees Subpoena Deutsche Bank for Trump Loan Info

House Committees Subpoena Deutsche Bank for Trump Loan Info

Over the years, Deutsche Bank has given the Trump Organization millions of dollars in loans.

0
shares
ShareTweetSavePostSend
 

House Committees Subpoena Deutsche Bank for Trump Loan Info

Two House committees have subpoenaed President Donald Trump's longtime lender Deutsche Bank.  Sources told CNN the subpoena is  looking for information  about loans the bank gave to the president and the Trump Organization.

Otherwise, the scope of the subpoena isn't really clear.  People with knowledge of the investigation told The New York Times the House committees on Intelligence and Financial Services are also asking  other financial groups  like JPMorgan Chase, Bank of America and Citigroup for documents.

The committees are looking into whether people in Russia and Eastern Europe used the U.S. financial system for "illicit purposes," and whether President Trump was involved.

Over the years, Deutsche Bank has given the Trump Organization hundreds of millions of dollars in loans.

It hasn't given the company new loans since the president took office.  Trump Organization Executive Vice President Eric Trump denounced the subpoena, calling it an "unprecedented abuse of power." House Intelligence Committee Chairman Adam Schiff said it was a "friendly subpoena" and that the committees look forward to the bank's cooperation.  Deutsche Bank said it's committed to "providing appropriate information to all authorized investigations in a manner consistent with our legal obligations." Additional reporting from  Newsy affiliate CNN .




You Might Like


Recent related videos from verified sources

Stocks Snap Long Win Streak [Video]Stocks Snap Long Win Streak

LONDON (Reuters) - World share markets snapped a seven-day winning streak on Wednesday as the White House took a tough line on trade talks with China, while an impending reading on U.S. inflation was..

Credit: Wochit Business     Duration: 00:35Published

Stocks Snap Sizzling Streak [Video]Stocks Snap Sizzling Streak

SYDNEY (Reuters) - Asian share markets were in a wary mood on Wednesday as the White House took a tough line on trade talks with China, while a looming reading on U.S. inflation could shuffle the odds..

Credit: Wochit Business     Duration: 00:41Published

House Panels Delay Enforcing Bank Subpoenas For Trump's Records [Video]House Panels Delay Enforcing Bank Subpoenas For Trump's Records

The president previously sued Deutsche Bank and Capital One to prevent them from turning over financial records to congressional committees.

Credit: Rumble     Duration: 01:04Published

Trump demanded that his financial records be kept private. Here's what the judge said [Video]Trump demanded that his financial records be kept private. Here's what the judge said

Business Insider reports a federal judge ruled Wednesday that President Donald Trump won't be able to block congressional subpoenas to Deutsche Bank and Capital One for his financial records. According..

Credit: Rumble     Duration: 00:45Published

Judge Rules Banks Can Release Trump's Financial Records To Congress [Video]Judge Rules Banks Can Release Trump's Financial Records To Congress

A federal judge ruled Wednesday that Deutsche Bank and Capital One can hand over President Donald Trump&apos;s financial records to House Democrats.

Credit: Rumble     Duration: 01:02Published

Judge: Whether Trump Likes It Or Not, Banks Can Release His Records To Congress [Video]Judge: Whether Trump Likes It Or Not, Banks Can Release His Records To Congress

Reuters reports U.S. President Donald Trump, three of his children and the Trump Organization lost in court on Wednesday. They'd tried to prevent Deutsche Bank AG and Capital One Financial Corp from..

Credit: Wochit News     Duration: 00:38Published

Trump Demanded That His Financial Records Be Kept Private. Here's What The Judge Said [Video]Trump Demanded That His Financial Records Be Kept Private. Here's What The Judge Said

Business Insider reports a federal judge ruled Wednesday that President Donald Trump won't be able to block congressional subpoenas to Deutsche Bank and Capital One for his financial records. According..

Credit: Wochit News     Duration: 00:45Published

Trump Abruptly Ends Meeting With Democrats [Video]Trump Abruptly Ends Meeting With Democrats

Reuters reports US President Donald Trump on Wednesday cut short a White House meeting with Democratic lawmakers on infrastructure and said that he could not work with the Democrats unless they dropped..

Credit: Wochit News     Duration: 00:31Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.