New York prosecutors investigating Donald Trump’s finances previously issued a subpoena to Deutsche Bank, one of the foremost lenders to the president’s business, as part of their inquiry – and the bank complied, according to the New York Times. The report noted that this appeared to be the first instance of a criminal inquiry involving Trump and his dealings with Deutsche Bank. Other investigators have requested records from Deutsche Bank, which was one of the few banks willing to lend to Trump after a series of corporate bankruptcies starting in the early 1990s. Two congressional committees, both controlled by Democrats, subpoenaed the bank for documents related to Trump, who sued to block their release. The New York attorney general, Letitia James, a Democrat, also subpoenaed the bank for records related to Trump last year following Cohen’s testimony.

Source: The Guardian August 06, 2020 01:18 UTC