House Democrats have issued a subpoena to German lender Deutsche bank — an institution that has loaned hundreds of millions of dollars to President Donald Trump, to further seek information about his business dealings.
Deutsche Bank is not the only institution to receive a subpoena from the House’s Intelligence and Financial Services committees, according to the New York Times: JPMorgan Chase, Bank of America, and Citigroup also garnered attention, as the committees also seek information around Russian money laundering.
“The Financial Services Committee is exploring these matters, including as they may involve the President and his associates, as thoroughly as possible, pursuant to its oversight authority, and will follow the facts wherever they may lead us,” said Rep. Maxine Waters, chairwoman of the Financial Services Committee, in a statement.
Waters hopes to gain more information relating to the President's financial dealings, including the release of his tax returns.
Rep. Maxine Waters on the Democratic effort to release President Trump's tax returns: "I think that's a fight that the public wants us to fight. They want to see those tax returns" https://t.co/XiYQnKPAPV
pic.twitter.com/r43LeixK5G— CNN Politics (@CNNPolitics) April 10, 2019
Waters has also been an advocate of impeachment for Trump, as she explained during an appearance on AMJoy last month.
"As far as I’m concerned he has enough violations, he has been involved in a lot of activity that we believe needs to be made apparent, and so I believe we have everything that it needs to basically impeach him. I believe that,” Waters said.
Unfortunately, many Members of Congress whisper the President should be impeached but have not supported my call for impeachment. Only a few of us dare to continue to urge both Dems and Repubs to impeach this dangerous president. I will keep trying. The public needs to demand!
— Maxine Waters (@RepMaxineWaters) March 21, 2019
Deutsche Bank said in a statement they would work with all investigations in any way they were legally obliged.
“We remain committed to providing appropriate information to all authorized investigations in a manner consistent with our legal obligations,” the bank said.
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