Special Counsel Robert Mueller has apparently subpoenaed Germany's Deutsche Bank to obtain documents about its dealings with President Trump and his family, Bloomberg Politics reported Tuesday. The investigation is part of Mueller's larger probe into Russia's role in the 2016 presidential election.
Trump reportedly owes more than $300 million to Deutsche Bank, with Rep. Maxine Waters (D-Calif.) having attempted multiple times this year to learn if the loans have any connection to Russia. "The fact remains that more than four months after we initially called on you to investigate Deutsche Bank's Russian money-laundering scheme, we still do not know who participated or benefited, or whether the scheme was related to the broader money-laundering scheme known as 'The Global Laundromat,'" Waters wrote in a letter to Deutsche Bank's CEO, John Cryan, in August.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Will Donald Trump wreck the Brexit deal?Today's Big Question President-elect's victory could help UK's reset with the EU, but a free-trade agreement with the US to dodge his threatened tariffs could hinder it
-
Marine Le Pen's fake jobs trialThe Explainer The far-right French leader could face a fine, jail time, and a five-year ban from public office if found guilty of embezzlement
-
How to earn extra cash for ChristmasThe Explainer The holiday season can be expensive but there are ways to bolster your festive finances
-
What is dynamic pricing, and how will its increasing adoption affect your wallet?Speed Read The practice of adjusting prices based on demand is becoming more common
-
4 steps to get back on your feet financially after identity fraudspeed read The more proactive you are, the greater chance you have of mitigating the impacts
-
Millions to face 'hunger cliff' as emergency SNAP benefits come to an endSpeed Read
-
The U.S. economy is shifting toward disinflation. Here's why that's 'most welcome.'Speed Read
-
What the latest Fed rate hike means for the economySpeed Read
-
Inflation rate decreased again in NovemberSpeed Read
-
Treasury Secretary Yellen says U.S. inflation will be lower by end of 2023Speed Read
-
Gas is now cheaper in the U.S. than it was a year ago, for better or worseSpeed Read
