Democrats Renew Push to Probe Deutsche Bank Russia Scandal

  • Waters writes letter to GOP chief of House finance committee
  • Lawmakers seek information on mirror trades, loans to Trump

A handful of Democratic lawmakers have renewed their effort to get a powerful House Republican to investigate Deutsche Bank AG’s loans to President Donald Trump and the bank’s role in helping Russians move billions of dollars from Moscow to the west.

In a letter to Jeb Hensarling of Texas, chairman of the House Financial Services Committee, Representative Maxine Waters of California, the committee’s ranking Democrat, urged him to issue subpoenas to Deutsche Bank. She wants to force the German lender to disclose its internal review of the so-called “mirror-trading” scandal that has cost the bank more than $600 million in fines and penalties, and a separate review it conducted concerning Trump, who borrowed more than $300 million in real estate loans years before running for office…

Democrats Renew Push to Probe Deutsche Bank Russia Scandal

Categories : Finance

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