10 things you need to know today: August 28, 2019

Deutsche Bank says it has tax returns covered by Trump subpoena, Puerto Rico braces for Tropical Storm Dorian, and more

Puerto Rico braces for Tropical Storm Dorian.
(Image credit: Erika Santelices/AFP/Getty Images)

1. Deutsche Bank says it has tax returns covered by Trump subpoena

Deutsche Bank confirmed Tuesday that if it responds to a House subpoena related to President Trump, lawmakers will see some tax returns. The bank, in a letter to a federal appeals court, confirmed it "has in its possession tax returns," although it did not specify whether it had Trump's tax documents. It also could have financial records for the president's children Donald Trump Jr., Ivanka Trump, and Eric Trump; other close relatives; the Trump Organization; as well as other entities. Deutsche Bank said it could not publicly reveal the names of the people covered in the documents. The bank told the court whose tax returns would be handed over, but the names were redacted from the public record due to legal and privacy concerns. Trump has been fighting the subpoena.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.