Senior Democrats on Capitol Hill are calling for a congressional investigation into the justice department’s handling of an ongoing inquiry into Deutsche Bank, saying that Donald Trump had conflicts of interest with the German bank, his biggest creditor. According to an analysis by Bloomberg, Trump now owes Deutsche about $300m. Sessions has recused himself from the DoJ’s investigation into allegations that Russia meddled in the US election, possibly with the help of Trump campaign officials. The department’s investigation into Deutsche Bank, however, still appears to be under Sessions’s purview. It also wanted more information about Ross’s relationship to Josef Ackermann, the former chief executive of Deutsche Bank who was installed as chairman of Bank of Cyprus after Ross was part of a consortium that invested $1bn in the bank in 2014.

Source: The Guardian March 11, 2017 13:53 UTC