How Deutsche Bank Dealt With Demands for Trump Records
Deutsche Bank has Trump’s records ready
President Trump sued his longtime lender on Monday to block a subpoena from the House Intelligence and Financial Services Committees for documents about his finances.
David Enrich of the NYT pulls back the curtain on how Deutsche Bank has handled the situation:
• “Deutsche Bank officials have been working closely with investigators from the chamber’s Financial Services and Intelligence Committees to identify information that might assist their investigations into the president, according to people familiar with the discussions.”
• “Bank officials have told The Times that they were eager to provide the materials to Congress. In part, they said additional transparency might help squelch speculation that Deutsche Bank had served as a conduit for Russian money to get to Mr. Trump.”
• “Lawyers for the bank worked with congressional staff members to narrow the scope of the subpoena to make it easier for the bank to quickly produce the requested materials, according to the people.”
• Bank officials have “compiled reams of materials to hand over. Included in those documents are multiple pages from each of Mr. Trump’s annual federal tax returns.”
Maybe they’ll never be shared. But “the heads of the two committees that issued the subpoena, Representatives Maxine Waters and Adam B. Schiff, called the suit ‘meritless’ and an attempt to obstruct congressional oversight,” Mr. Enrich writes.