In a letter sent to a New York federal appeals court on Tuesday, Deutsche Bank confirmed that if it responds to a House subpoena related to President Trump, lawmakers will see people's tax returns, CNN reports.
The House has requested Deutsche Bank turn over financial records for Trump; his children Donald Trump Jr., Ivanka Trump, and Eric Trump; other close relatives; the Trump Organization; a Trump trust; and additional Trump businesses. The tax returns might belong to individual Trump family members, but Deutsche Bank would not publicly reveal the names, saying there are "statutory, contractual, and privacy concerns." The bank did tell the court whose tax returns would be handed over to lawmakers, but the names are redacted from the public record.
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.
-
Music review: Japanese Breakfast, Selena Gomez and Benny Blanco, and Steve ReichFeature "For Melancholy Brunettes (& Sad Women)," "I Said I Love You First," "Collected Works"
-
Smithsonian under fire: Trump orders an ideological purgeReview The president has issued an executive order to control Smithsonian exhibits and restore removed statues linked to slavery
-
One great cookbook: 'I Am From Here'The Week Recommends Where India meets the American South meets I-want-to-cook-it-all
-
Markets notch worst quarter in years as new tariffs loomSpeed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
-
Tesla Cybertrucks recalled over dislodging panelsSpeed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
-
Crafting emporium Joann is going out of businessSpeed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores
-
Trump's China tariffs start after Canada, Mexico pausesSpeed Read The president paused his tariffs on America's closest neighbors after speaking to their leaders, but his import tax on Chinese goods has taken effect
-
Chinese AI chatbot's rise slams US tech stocksSpeed Read The sudden popularity of a new AI chatbot from Chinese startup DeepSeek has sent U.S. tech stocks tumbling
-
US port strike averted with tentative labor dealSpeed Read The strike could have shut down major ports from Texas to Maine
-
Biden expected to block Japanese bid for US SteelSpeed Read The president is blocking the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns
-
Judges block $25B Kroger-Albertsons mergerSpeed Read The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
