House Dems Issue "Friendly Subpoena" To Multiple Banks, Probing "Different Form Of Trump-Russia Collusion"

Zero Hedge | 4/15/2019 | Staff
newusr01 (Posted by) Level 3
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With just three days until the full (redacted) Mueller Report is released, shattering his entire raison d'etre, House Intelligence Chairman Adam Schiff refuses to give up on his search for Trump-Russia collusion.

Bloomberg reports that Congressional Democrats issued subpoenas to Deutsche Bank AG and other banks to obtain long-sought documents related to whether foreign nations tried to influence U.S. politics, signaling an escalation of their probes into President Donald Trump’s finances and any dealings with Russians.

Schiff - Statement - Subpoenas - Subpoena - Deutsche

Schiff said in a statement the subpoenas issued included a "friendly subpoena to Deutsche Bank."

The Financial Services Committee chair, Maxine Waters, said in a statement:

Use - US - System - Purposes - Concern

"The potential use of the U.S. financial system for illicit purposes is a very serious concern. The Financial Services Committee is exploring these matters, including as they may involve the president and his associates, as thoroughly as possible."

Deutsche Bank spokeswoman Kerrie McHugh said Monday:

Deutsche - Bank - Dialogue - House - Financial

“Deutsche Bank is engaged in a productive dialogue with the House Financial Services and Intelligence Committees.

We remain committed to providing appropriate information to all authorized investigations in a manner consistent with our legal obligations. If you have questions concerning the investigative activities of the committees, we would refer you to the committees themselves.”

Deutsche - Bank - Trump - Lender - Decades

Deutsche Bank had been Trump’s go-to lender for decades, even as other commercial banks stopped doing business with him because of multiple bankruptcies.

Additionally, CNN reports that the...
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