Congress Subpoenas Deutsche Bank As Part Of Democrats' Probe Of Trump Finances
Added 04-16-19 10:07:02am EST - “It's the latest sign that Democrats will continue to seek information on potential criminal activity by President Trump and his businesses after special counsel Robert Mueller's report is made public.” - Npr.org
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A branch of Deutsche Bank in Frankfurt, Germany. The company has received subpoenas from two U.S. House committees about its business dealings with President Trump. Thomas Lohnes/Getty Images hide caption
Two House committees have issued subpoenas for information from Deutsche Bank and other financial institutions as part an ongoing investigations into President Trump's finances.
The move is the latest sign that Democrats will continue to seek information on potential criminal activity by Trump and his business associates well after the expected release Thursday of the redacted report by special counsel Robert Mueller about Russian interference in the 2016 election.
The subpoenas were issued as part of a joint investigation led by the House Financial Services and Intelligence Committees into foreign influence on the U.S. political process.
Financial Services Committee Chair Maxine Waters, D-Calif., says the use of the financial system for potentially illicit purposes is a serious matter and the investigation is necessary under the committee's oversight authority.
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