WTF Just Happened Today?

Day 817: Breakdown-level anxiety.


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1/ House Democrats subpoenaed Deutsche Bank for Trump’s personal and financial records. Democrats also subpoenaed JPMorgan Chase, Bank of America, and Citigroup for documents related to possible Russian money laundering. Maxine Waters said Trump’s “potential use of the U.S. financial system for illicit purposes is a very serious concern� and that the House Intelligence and Financial Services committees will “follow the facts wherever they may lead us.� Deutsche Bank reportedly requested a so-called “friendly subpoena� from the committees before it would comply with their request. The Trump Organization, meanwhile, said it was looking at options to block Deutsche Bank from complying with the subpoena. (New York Times / CNN / Politico / Reuters / Washington Post)

  • 📌 Day 320: Robert Mueller issued a subpoena for the banking records of people affiliated with Trump. The move forced Deutsche Bank – Trump’s biggest lender – to turn over documents related to certain credit transactions and the $300 million Trump owes the lender. Legal experts said it showed Mueller was “following the moneyâ€� in search of links between the campaign and the Kremlin since Deutsche Bank may have sold some of Trump’s mortgage or loans to Russian-owned banks, which could potentially give Russia leverage over Trump. Jay Sekulow, one of Trump’s personal lawyers, denied that a subpoena had been issued. Since 1998, Deutsche has helped loan at least $2.5 billion to companies affiliated with Trump, which he used to build or purchase highest-profile projects in Washington, New York, Chicago and Florida. (The Guardian / Bloomberg / Reuters / Wall Street Journal)

  • 📌 Day 356: The Trump administration waived fines for Deutsche Bank and four other multinational banks convicted of manipulating global interest rates. Trump owes Deutsche at least $130 million in loans that were originally worth $300 million. The German bank was alsofined$425 million by New York State for laundering $10 billion out of Russia. (International Business Times / USA Today)

  • 📌 Day 746: Deutsche Bank refused to give Trump a loan during his 2016 presidential campaign. Trump ...

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    WTF Just Happened Today?By Matt Kiser

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