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Report: House committees subpoena Deutsche Bank for information on Trump's finances

The House's Intelligence and Financial Services committees have issued subpoenas to Deutsche Bank and three other banks, seeking information on President Trump's finances and their deals with Russians, multiple people with knowledge of the matter told The New York Times on Monday.

Over the last 20 years, Deutsche Bank has lent Trump more than $2 billion, despite his defaults and bankruptcies. A spokeswoman for Deutsche Bank told the Times they are "engaged in a productive dialogue" with the committees. The bank and the committees have been going back and forth for months, the Times reports, with Deutsche Bank arguing that if the subpoena's scope was narrowed, the documents would be ready faster.

Subpoenas were also sent to Bank of America, JPMorgan Chase, and Citigroup, for records related to business conducted with suspected money launderers from Russia and other Eastern European countries, the Times reports.