Congress, Public Hasn’t Seen Trump Tax Returns. But Deutsche Bank Has

WASHINGTON, DC - OCTOBER 31: (AFP-OUT) President Donald Trump and adviser Ivanka Trump arrive for the "Our Pledge to America's Workers" event at The White House on October 31, 2018 in Washington, DC. (Photo by Chris ... WASHINGTON, DC - OCTOBER 31: (AFP-OUT) President Donald Trump and adviser Ivanka Trump arrive for the "Our Pledge to America's Workers" event at The White House on October 31, 2018 in Washington, DC. (Photo by Chris Kleponis-Pool/Getty Images) MORE LESS
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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.

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Notable Replies

  1. If Angela had her way I’m sure she’d love to see them released.

  2. Deutsche Bank is a private company, not state owned in any way, just saying.
    And the Germans has very strict laws about what information banks can give to the government, since the Nazis used banks to prey on their Jewish citizens in the 1930s…

  3. Sure must have looked good on paper to get a $100 Mil loan. The question is was it the truth, nothing but the truth?

  4. Avatar for noonm noonm says:

    Only one way to find out. Subpoena city!

  5. Avatar for paulw paulw says:

    When you’re ostensibly a billionaire and they need to go over your tax returns to decide if they can broker a loan of a piddling $100M that’s not a good rep.

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