In 2019, New York prosecutors subpoenaed Deutsche Bank, President Trump's longtime lender, seeking financial records that Trump and his company had given the bank, four people familiar with the matter told The New York Times.
The same prosecutors have been trying for the last year to get Trump's personal and corporate tax records. The criminal inquiry into Trump's business practices at first appeared to be focused only on hush money payments made in 2016 to two women who said they had affairs with Trump, the Times reports, but this move indicates that their investigation is wider in scope than previously known. In a court filing this week, prosecutors suggested they were investigating possible bank and insurance fraud.
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.
In 2019, Trump's former personal lawyer and fixer, Michael Cohen, told Congress that Trump regularly inflated the actual value of his real estate assets while trying to secure loans. Trump and his company have denied any wrongdoing.
-
6 homes built in the 1700sFeature Featuring a restored Federal-style estate in Virginia and quaint farm in Connecticut
-
Tariffs: Will Trump’s reversal lower prices?Feature Retailers may not pass on the savings from tariff reductions to consumers
-
American antisemitismFeature The world’s oldest hatred is on the rise in U.S. Why?
-
Judge halts Trump’s DC Guard deploymentSpeed Read The Trump administration has ‘infringed upon the District’s right to govern itself,’ the judge ruled
-
Trump accuses Democrats of sedition meriting ‘death’Speed Read The president called for Democratic lawmakers to be arrested for urging the military to refuse illegal orders
-
Court strikes down Texas GOP gerrymanderSpeed Read The Texas congressional map ordered by Trump is likely an illegal racial gerrymander, the court ruled
-
Trump defends Saudi prince, shrugs off Khashoggi murderSpeed Read The president rebuked an ABC News reporter for asking Mohammed bin Salman about the death of a Washington Post journalist at the Saudi Consulate in 2018
-
Congress passes bill to force release of Epstein filesSpeed Read The Justice Department will release all files from its Jeffrey Epstein sex-trafficking investigation
-
Trump says he will sell F-35 jets to Saudi ArabiaSpeed Read The president plans to make several deals with Saudi Crown Prince Mohammed bin Salman this week
-
Judge blasts ‘profound’ errors in Comey caseSpeed Read ‘Government misconduct’ may necessitate dismissing the charges against the former FBI director altogether
-
Ecuador rejects push to allow US military basesSpeed Read Voters rejected a repeal of a constitutional ban on US and other foreign military bases in the country
