Dem Reps Ask Deutsche Bank For Info On Trump Accounts, Ties To Russia

UNITED STATES - JUNE 4: Rep. Maxine Waters, D-Calif., speaks during a press conference with House Democrats on the Export-Import Bank in the Capitol on Thursday, June 4, 2015. (Photo By Bill Clark/CQ Roll Call) (CQ R... UNITED STATES - JUNE 4: Rep. Maxine Waters, D-Calif., speaks during a press conference with House Democrats on the Export-Import Bank in the Capitol on Thursday, June 4, 2015. (Photo By Bill Clark/CQ Roll Call) (CQ Roll Call via AP Images) MORE LESS
|
May 24, 2017 11:11 a.m.

Democratic lawmakers on Wednesday asked Deutsche Bank for information on the accounts that President Donald Trump and members of his family hold at the bank.

In a letter to Deutsche Bank CEO John Cryan, Democratic members of Congress cited the bank’s “pattern of involvement in money laundering schemes with primarily Russian participation” and its “unconventional relationship” with Trump.

Deutsche Bank is one of the few major banks that has continued to do business with Trump through multiple bankruptcy filings over nearly two decades.

“Congress remains in the dark on whether loans Deutsche Bank made to President Trump were guaranteed by the Russian Government, or were in any way connected to Russia,” the letter read. “It is critical that you provide this Committee with the information necessary to assess the scope, findings and conclusions of your internal reviews.”

Reps. Maxine Waters (D-CA), Daniel Kildee (D-MI), Gwen Moore (D-WI), Al Green (D-TX) and Ed Perlmutter (D-CO) signed the letter.

Latest Livewire
Comments are now Members-Only

Non-members are still able to read comments, but will no longer be able to participate. To join the conversation, sign up now and get:

30% Off Annual Prime Membership

TPM strives to build as inclusive a community as financially possible. We offer FREE memberships to those experiencing financial hardship and FREE memberships for students.

View all options
Comments
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Associate Editor:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: