House Democrats issued subpoenas Monday for records from Deutsche Bank and other financial institutions, seeking information regarding President Trump’s business ventures as several congressional panels took steps to intensify their scrutiny of the president’s personal accounts and corporate dealings.
The subpoenas, first reported by the New York Times, were issued by the House Intelligence and Financial Services committees, which have been leading the Democrats’ probe of Trump’s finances. Rep. Maxine Waters (D-Calif.), chairwoman of the Financial Services Committee, said in a statement Monday that Trump’s “potential use of the U.S. financial system for illicit purposes is a very serious concern.”
Rep. Adam B. Schiff (D-Calif.), chairman of the Intelligence Committee, has also said the panels want to know whether the president’s financial transactions left him susceptible to foreign influence that could compromise his duties as president.
View the complete April 15 article by Karoun Demirjian on The Washington Post website here.