While House Democrats clamor to get a peek at President Trump’s tax returns, one familiar bank reportedly already got a glimpse in 2012, Bloomberg News reported.
According to two people familiar with the matter who spoke to Bloomberg, a team from Deutsche Bank got access to the records in 2012 when the Trump Organization was trying to secure loans for the Trump International Hotel and Tower in Chicago and the Trump National Doral Golf Club in Florida.
The Trump Organization requested $100 million from Deutsche Bank, and Trump’s daughter and now White House senior adviser Ivanka Trump provided the bank with records on Trump’s assets. Ivanka Trump offered to guarantee the loans with her father’s personal assets and the bank agreed, but requested to see portions of his tax returns to determine his net worth, according to Bloomberg News.
After reviewing portions of his returns, the bank moved forward with the loan agreement.
The agreement is particularly relevant now because House Democrats’ investigations into Trump’s finances touch on his family’s relationship with Deutsch Bank. The bank was prepared to comply with a recent subpoena for records related to that relationship, but the Trump family sued the bank in order to stall the process.
