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Mueller subpoenas trump deutsche bank records


mueller subpoenas trump deutsche bank records

Special Counsel Robert Mueller has reportedly subpoenaed Deutsche Bank to hand over business records related to President Donald Trump. Germany's largest bank received a subpoena from Special Counsel Robert Mueller several weeks ago to provide information on certain money and. The office subpoenaed Deutsche Bank and Investors Bank for its financial records related to the Trump Organization. Even when other banks.
mueller subpoenas trump deutsche bank records

: Mueller subpoenas trump deutsche bank records

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Mueller subpoenas trump deutsche bank records
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House Democrats Subpoena Deutsche Bank and Others as the Trump Investigation Deepens

Congressional Democrats issued subpoenas to Deutsche Bank AG and other banks to obtain long-sought documents indicating whether foreign nations tried to influence U.S. politics, signaling an escalation of their probes into President Donald Trump’s finances and any dealings with Russians.

House Intelligence Chairman Adam Schiff said his panel made the requests Monday in coordination with the House Financial Services Committee, according to a statement.

Both mueller subpoenas trump deutsche bank records have been seeking Trump-related material from Deutsche Bank since Democrats took over the House majority in January. Schiff said the Frankfurt-based bank has been cooperative with the probe and Monday’s request was a “friendly subpoena.” Such a subpoena is typically submitted when a firm is willing to hand over documents but wants a formal request first.

“Deutsche Bank is engaged in a productive dialogue with the House Financial Services and Intelligence Committees,” Deutsche Bank spokeswoman Kerrie McHugh said Monday. “We remain committed to providing appropriate information to all authorized investigations in a manner consistent with our legal obligations. If you have questions concerning the investigative activities of the committees, we would refer you to the committees themselves.”

Spokesmen for the six largest U.S. banks — JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc., Wells Fargo & Co., Goldman Sachs Group Inc. and Morgan Stanley — either declined to comment or didn’t immediately respond to messages seeking comment outside normal business hours.

The House Financial Services Committee has long been in talks with Deutsche Bank about Trump-related records, including any tied to Russia. Maxine Waters, the California Democrat who leads the panel, signaled last week that her interest in Russia extended to other lenders as well. At a April 10 hearing where the chief executive officers of the biggest U.S. banks testified, her first question was about any business dealings their firms had in Russia.

‘Very Serious’

“The potential use of the U.S. financial system for illicit purposes is a very serious concern,” Waters said in a statement Monday. “The Financial Services Committee is exploring these matters, including as they may involve the president and his associates, as thoroughly as possible pursuant to its oversight authority, and will follow the facts wherever they may lead us.”

The Intelligence Committee is more focused on aspects of financial connections or dealings that could suggest potential leverage by foreign entities over Trump, his family or his business. Trump has some $340 million in loans from Deutsche Bank, according to his most recent financial disclosures.

Possible financial leverage wasn’t mentioned in Attorney General William Barr’s four-page summary of Special Counsel Robert Mueller’s findings from his 22-month probe of Russian election interference.

Schiff has frequently noted that Trump was pursuing a Trump Tower project in Moscow during the presidential campaign.

“That’s a different form of collusion, but it is equally compromising to the country because it means the president of the United States is looking out for his bank account and not for the United States of America,” Schiff said in an interview on NBC in February.

Schiff and other committee Democrats had sought to pursue Trump’s financial connections ever since he became president. But it was only after Democrats won control of the House in 2018 that they gained subpoena power.

Deutsche Bank had been Trump’s go-to lender for decades, even as other commercial banks stopped doing business with him because of multiple bankruptcies.

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Источник: https://time.com/5571332/deutsche-bank-democrats-subpoena-trump/

We now know of a second instance in which Trump reportedly wanted Mueller fired

  • President Donald Trump reportedly told advisers he wanted to oust the special counsel Robert Mueller in December.
  • It is the second reported instance in which Trump attempted to have Mueller removed.
  • It also surfaced Tuesday that Trump is weighing firing deputy attorney general Rod Rosenstein, following reports that Rosenstein signed off on a search warrant targeting Trump's longtime personal lawyer, Michael Cohen.

After reports surfaced in December that the special counsel Robert Mueller had subpoenaed Deutsche Bank seeking records related to the Trump family’s business dealings, Trump said he wanted the Russia investigation to be shut down, The New York Times reported.

Trump apparently believed the reports indicated Mueller had crossed the "red line" Trump said Mueller would breach if he investigated Trump’s or his family’s personal finances.

However, when Trump’s lawyers reached out to Mueller’s office to ask about the reports of the Deutsche Bank subpoenas, Mueller’s office said they were inaccurate, and Trump subsequently backed off.

The alleged sequence of events represents mueller subpoenas trump deutsche bank records second known instance in which the president has sought to oust the special counsel investigating him and his associates.

Earlier this year, The Times reported that Trump ordered the White House counsel, Don McGahn, to fire Mueller and only backed off when McGahn threatened to resign.

Reports of the Deutsche Bank subpoenas came shortly after Trump’s former national security adviser, Michael Flynn, pleaded guilty in the Russia investigation and began cooperating with the FBI. After news of Flynn’s guilty plea emerged, Trump publicly defended him, saying his indictment was a "shame because his actions during the transition were lawful."

He added: "There was nothing to hide!"

Trump’s reported push to fire Mueller upon learning of the reported Deutsche Bank subpoenas will add another piece to the puzzle as Mueller investigates Trump’s intent and whether he sought to obstruct justice at various points in the Russia probe.

The obstruction-of-justice thread stems primarily from Trump’s decision to fire FBI director James Comey last year. Following Comey’s dismissal, deputy attorney general Rod Rosenstein appointed Mueller the special counsel in charge of overseeing the Russia investigation.

Since then, Trump has publicly and privately railed against Rosenstein, Comey, Mueller, former FBI deputy director Andrew McCabe, and attorney general Jeff Sessions, who recused himself from the Russia investigation last year.

Meanwhile, on Tuesday, CNN reported that Trump is now weighing firing Rosenstein amid reports that he signed off on a warrant targeting Trump’s longtime personal lawyer, Michael Cohen.

On Monday, investigators working with the US Attorney’s office for the Southern District of New York raided Cohen’s home, office, and hotel room in an early morning raid and seized Cohen’s electronic devices, personal financial documents, and attorney-client communications between him and Trump.

'Sooner or later, everyone will know what Bob Mueller knows'

Robert Mueller
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Legal experts did not mince words when discussing the enormity of the Cohen raids.

"This just got personal for Trump," said Jeffrey Cramer, a former federal prosecutor who spent 12 years at the Department of Justice. "It hits close to closest bank of america nearest me, and he's scared."

Cohen, whose primary and highest-profile client is the president, left the Trump Organization early last year and has been a personal attorney to Trump since then.

But his relationship with Trump spans years — he has long been known as one of Trump's closest allies, and Cohen's intimate knowledge of Trump's finances was most likely the tipping point that fueled Trump's rage.

"This search warrant is like dropping a bomb on Trump's front porch," Joyce White Vance, a former federal prosecutor from Alabama, told The Washington Post.

"You can't get much worse than this, other than arresting someone's wife or putting pressure on a family member," Mark Zaid, a Washington attorney, told The Post. "This strikes at the inner sanctum: your lawyer, your CPA, your barber, your therapist, your bartender. All the people who would know the worst about you."

Cramer said Tuesday that Trump's anger was not surprising given the potentially significant implications of the Cohen raids.

While he may not be able to shut down the investigation into Cohen, Trump could theoretically pardon anyone convicted of a federal crime. Meanwhile, if Rosenstein is unwilling to fire Mueller, Trump has the constitutional authority to fire Rosenstein and nominate a deputy attorney general who would be willing to carry out an order to dismiss Mueller.

Trump could also take the extraordinary step of firing Mueller directly by ordering a repeal of the special-counsel regulations adopted in 1999, according to Neal Katyal, the former acting solicitor general, who drafted the guidelines.

But even if he were to do all those things, Cramer said, "the New York attorney general is going to pick up this trail, and that's where the president has absolutely no authority, because he can't pardon state crimes."

"One way or another, the truth is going to get out," he added. "It may be in an indictment; it may be in a report. But sooner or later, everyone will know what Bob Mueller knows."

Источник: https://www.businessinsider.com/trump-wanted-mueller-fired-deutsche-bank-subpoena-2018-4

Trump sues Deutsche Bank, Capital One to block subpoenas

With Donald Trump facing inquiry into his finances, the US president and three of his children sued Deutsche Bank and Capital One, in a bid to prevent them from passing information to House members.

Last month, lawmakers in the intelligence and finance committees of the Congress' lower assembly issued subpoenas for the two lenders and several other financial institutions. Deutsche Bank has since reportedly started to transfer documents.

According to the lawsuit filed on Monday on Trump's behalf in New York, the lawmakers' demands were purely "political."

"The subpoenas were issued to harass President Donald J. Trump, to rummage through every aspect of his smith and wesson m&p shield finances, his businesses, and the private information of the president and his family, and to ferret about for any material that might be used to cause him political damage," the document said.

Read more: Donald Trump owes Deutsche Bank big bucks

'Unprecedented stonewalling'

The lawsuit was filed on behalf of Donald Trump, his sons Donald Jr. and Eric, as well as his daughter Ivanka. Trump Organization and the Donald J. Trump Revocable Trust are also listed as plaintiffs.

Previously, House Intelligence Committee Chairman Adam Schiff said the subpoenas were part of an investigation "into allegations of potential foreign influence on the US political process," hinting at Trump's dealings with Russia.

Responding to Trump's legal move, Schiff and his colleague from the House Financial Committee Maxine Waters said the lawsuit was "meritless."

"This lawsuit is not designed to succeed; it is only designed to put off meaningful accountability as long as possible," they said.

"Trump has already said publicly that he is fighting all of the subpoenas from Congress, and that he does not respect Congress' role as a coequal branch of government. This unprecedented stonewalling will not work," they added.

Barr in standoff with Congress

The conflict between the president and the Democrat-majority body escalated after the release of the how to protest property taxes online in tarrant county version of the Mueller report in April. According to Attorney General William Barr's interpretation, the Robert Mueller probe did not establish collusion between Trump or his team and Russia. But Barr's public summation of the report's findings, issued before the document's release, was later criticized as mueller subpoenas trump deutsche bank records then subpoenaed Barr's Department of Justice for the full report and the evidence it was based on. Barr himself is scheduled to testify about the report in Congress on Thursday. However, Barr opposes the lawmakers' demand to also be questioned by their lawyers. He has threatened to refuse to testify.

House Speaker Nancy Pelosi said Barr would be "obstructing Congress" if he did not show up on Thursday.

Barr cannot "tell the committee how to conduct its interviews," Pelosi said.

"The attorney general of the United States is not the president's personal lawyer, and he should act as the attorney general of the United States and honor his responsibilities."

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Источник: https://www.dw.com/en/trump-sues-deutsche-bank-capital-one-to-block-subpoenas/a-48541673

Special prosecutor Robert Mueller zeroed in on President Donald Trump’s business dealings with Deutsche Bank as his investigation into alleged Russian meddling in U.S. elections widens.

Mueller issued a subpoena to Germany’s largest lender several weeks ago, forcing the bank to submit documents on its relationship with Trump and his family, according to a person briefed on the matter, who asked not to be identified because the action has not been announced.

“Deutsche Bank always cooperates with investigating authorities in all countries,” the lender said in a statement to Bloomberg Tuesday, declining to provide additional information.

Deutsche Bank for months has rebuffed calls by Democratic lawmakers to provide more transparency over the roughly $300 million Trump owed to the bank for his real estate dealings prior to becoming president. Rep. Maxine Waters of California and other Democrats have asked whether the bank’s loans to Trump, made years before he ran for president, were in any way connected to Russia. The bank previously rejected those demands, saying mueller subpoenas trump deutsche bank records client data would be illegal unless it received a formal request to do so. Trump has denied any wrongdoing.

Calls and emails to the White House weren’t immediately returned before U.S. office hours. Handelsblatt reported the subpoena earlier Tuesday.

Mueller’s investigation — which is looking into alleged Russian interference into last year’s U.S. election and whether Trump’s winning campaign assisted in those efforts — appears to be entering a new phase. Trump’s former national security adviser, Michael Flynn, pleaded guilty Friday to lying to FBI agents, becoming the fourth associate of the president ensnared by Mueller’s probe. More significantly, he also is providing details to Mueller about the Trump campaign’s approach to Flynn’s controversial meeting with a Russian envoy during the presidential transition.

Trump’s relationship with Deutsche Bank stretches back some two decades and the roughly $300 million he owed to the bank represented nearly half of his outstanding debt, according to a July 2016 analysis by Bloomberg. That figure includes a $170-million loan Trump took out to finish a hotel in Washington. He also has two mortgages against his Trump National Doral Miami resort and a loan against his tower in Chicago.

Deutsche Bank management is ready to share information about the lender’s dealings with Trump and is hopeful that mueller subpoenas trump deutsche bank records so will help end the series of inquiries from Democrats, an executive at the bank, who asked not to be identified discussing private deliberations, has previously told Bloomberg News.

News of the Deutsche Bank subpoena may escalate Trump’s vitriol toward investigators, which over the past week has included publicly attacking the Justice Department and the Federal Bureau of Investigation, whose reputation he declared to be ” in tatters.”

In July, Trump said in an interview with the New York Times that if Mueller examined mueller subpoenas trump deutsche bank records family’s finances beyond any relationship with Russia he’d consider it “a violation.” Mueller’s investigation had expanded to examine a broad range of transactions involving the president’s businesses, including dealings by his son-in-law, Jared Kushner, and Commerce Secretary Wilbur Ross, a person familiar with the probe told Bloomberg News after the publication of the Times interview.

Democratic senators, including Dianne Feinstein, suggested after the Flynn plea that Mueller might be building an obstruction of justice case against Trump. But the Deutsche Bank subpoena may indicate that the special prosecutor is still looking at a wide range of data, including the president’s financial dealings.

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Mueller’s team has also been interviewing White House aides in recent weeks, including former Chief of Staff Reince Priebus, former spokesman Sean Spicer and National Security Council chief of staff Keith Kellogg, according to people familiar with the investigation.

As Mueller’s investigation unfolds, Trump has gone on the offensive. Over the weekend on Twitter, he attacked the FBI and Mueller’s team and defended some of Flynn’s actions. In particular, Trump hailed the news that one of Mueller’s aides had been removed from his job over the summer for some anti-Trump text messages.

On Monday, as he left the White House for a trip to Utah, Trump restated his sympathy for Flynn and his assertion that prosecutors should have pursued action against his general election rival, Hillary Clinton.



Источник: https://www.denverpost.com/2017/12/05/donald-trump-deutsche-bank-records/

Mueller Subpoenas Deutsche Bank Records Related to Trump -- 2nd Update

Deutsche Bank AG received a subpoena earlier in the fall from U.S. special counsel Robert Mueller's office related to the lender's business with President Donald Trump, according to a person briefed on the matter.

The subpoena requested documents and data about accounts and other dealings tied to client relationships with Mr. Trump and people close to him, the person said. The bank has lent more than $300 million to entities affiliated with Mr. Trump, according to public disclosures.

Mr. Mueller is investigating Russian meddling in the 2016 election, including flows of cash tied to Russia and people in Mr. Trump's orbit, in a deepening probe that has led to charges against former advisers to Mr. Trump.

A Deutsche Bank spokesman said Tuesday that the bank "cooperates with investigative authorities." The subpoena was earlier reported by Handelsblatt.

Mr. Trump has called the special counsel's investigation a "witch hunt," and Moscow has denied meddling in the election. A White House spokeswoman didn't immediately respond to a request for comment Tuesday morning.

Deutsche Bank executives and lawyers had been expecting a demand for information from Mr. Mueller's team as the special counsel investigation progressed, according to people close to the bank. As Mr. Trump's primary lender in recent cibo matto discogs, Deutsche Bank this year faced repeated document requests from Democratic lawmakers scrutinizing the administration's ties to Russia.

The Democrats lacked Republican support to compel Deutsche Bank to provide the information. Deutsche Bank lawyers have said U.S. bank-secrecy rules prohibited the lender from revealing details about its clients or their business with the bank without a subpoena or other formal request from Congress.

Deutsche Bank faces ongoing questions about a series of Russian trades that have been scrutinized in multiple investigations in the U.S. and Europe, including in a still-pending U.S. Justice Department probe. The Democratic U.S. lawmakers wanted the bank to detail any ties between those trades or other Russian financing and anyone connected to Mr. Trump, his family or advisers.

Write to Jenny Strasburg at [email protected]

Deutsche Bank AG received a subpoena earlier in the fall from U.S. special counsel Robert Mueller's office concerning people or entities affiliated with President Donald Trump, according to a person briefed on the matter.

The subpoena requested documents and data about accounts and other dealings tied to relationships with Mr. Trump and people close to him, the person said. The bank has lent more than $300 million to entities affiliated with Mr. Trump, according to public disclosures.

Ty Cobb, the White House's chief lawyer handling the Russia investigation, said bank records of Mr. Trump and his family weren't subpoenaed. "Previous reports today about subpoenas for financial records relating to the president and his family are false," Mr. Cobb said.

Mr. Mueller is investigating Russian meddling in the 2016 election, including flows of cash tied to Russia and people in Mr. Trump's orbit, in a deepening probe that has led to charges against former advisers to Mr. Trump.

A Deutsche Bank spokesman said Tuesday that the bank "takes its legal obligations seriously and remains committed to cooperating with authorized investigations into this matter." The subpoena was earlier reported by German newspaper Handelsblatt.

Deutsche Bank's relationship with Mr. Trump goes back decades. Since 1998, the lender has led or participated in loans of at least $2.5 billion to companies affiliated with Mr. Trump, The Wall Street Journal has reported. The financing helped Mr. Trump build or purchase some of his highest-profile projects, including in Washington, New York, Chicago and Florida.

Deutsche Bank kept doing business with Mr. Trump after other banks pulled away, and even after Deutsche Bank itself became embroiled in a nasty legal battle over 2005 loans worth more than $600 million to build the Trump International Hotel and Tower in Chicago. After Mr. Trump missed loan payments in 2008, he and Deutsche Bank sued each other. They settled out of court in 2009.

About that time, Deutsche Bank's investment bank soured on the relationship, people close to the matter say. But the lender's private-banking unit stepped in and extended more than $300 million in loans to Trump entities over several years, according to public disclosures and people close to the bank.

Mr. Trump offered personal guarantees for large portions of the Deutsche Bank loans. Those personal guarantees have factored into months of internal discussions among bank lawyers and executives about the implications of a default, were one to happen, according to people familiar with the discussions. One issue is the thorny prospect of pursuing a high-profile elected official for payment, and one with potential sway over ongoing investigations or other decisions that could affect Deutsche Bank, the people say.

Dan Stein, former chief of the criminal division at the Manhattan U.S. attorney's office, said the special counsel's subpoena of Deutsche Bank signals one of two possible directions for the broader investigation.

"Either it means they're going beyond the narrow question of election interference," Mr. Stein said of Mr. Mueller's team. Or it means the question of election interference may now somehow involve the transfer of funds to the president or his family or inner circle, he said.

Mr. Trump has called the special counsel's investigation a "witch hunt," and Moscow has denied meddling in the election.

Michael Caputo, a former Trump campaign adviser, said in an interview that the Deutsche Bank subpoena suggests the special counsel investigation is now veering into a probe of Mr. Trump's private business dealings. Referring to Mr. Mueller, he said, "If he goes into the Trump Organization financial records, that's a clear indication that it (the investigation) has gone amok."

The Justice Department order authorizing the special counsel gives Mr. Mueller a wide remit to investigate "any matters that arose or may arise directly from the investigation."

Deutsche Bank executives and lawyers had been expecting a demand for information from Mr. Mueller's team as the special counsel investigation progressed, according to people close to the bank. As Mr. Trump's primary lender in recent years, Deutsche Bank this year faced repeated document requests from Democratic lawmakers scrutinizing the administration's ties to Russia.

The Democrats amazon echo price Republican support to compel Deutsche Bank to provide the information. Deutsche Bank lawyers have said Mueller subpoenas trump deutsche bank records. bank-secrecy rules prohibited the lender from revealing details about its clients or their business with the bank without a subpoena or other formal request from Congress.

Deutsche Bank faces ongoing questions about a series of Russian trades that have been scrutinized in multiple investigations in the U.S. and Europe, including in a still-pending U.S. Justice Department probe. The Democratic U.S. lawmakers wanted the bank to detail any ties between those trades or other Russian financing and anyone connected to Mr. Trump, his family or advisers.

--Erica Orden, Rebecca Ballhaus and Peter Nicholas in Washington contributed to this article.

Write to Jenny Strasburg at [email protected]

(END) Dow Jones Newswires

December 05, 2017 17:32 ET (22:32 GMT)

Источник: https://www.foxbusiness.com/features/mueller-subpoenas-deutsche-bank-records-related-to-trump-2nd-update

Trump lawyer denies reports that Mueller is seeking Deutsche Bank records

The president has said that inquiries into his financial dealings would be a "violation" of the special counsel's mandate. Mueller is investigating ties between the president's top advisers and Russia.

Trump has repeatedly denied accusations that his campaign colluded with the Russian government.

Press secretary Sarah Sanders on Tuesday called the reports that Mueller subpoenaed Deutsche Bank "totally false."

"I think this is another example of the media going too far too fast," she told reporters at a press briefing.

Sol Wisenberg, a leading white-collar attorney who was deputy independent counsel in the Whitewater investigation, said it's typical for the subject of a subpoenato be informed that prosecutors sought his records.

But, he said, a financial institution cannot inform its client or anyone named in the subpoena if the prosecutor requests that the institution not do so.

Earlier on Tuesday a Deutsche Bank spokesperson told NBC, "DB takes its legal obligations seriously and remains committed to cooperating with authorized investigations into this matter."

The lender declined to say what constituted an authorized investigation, and whether the Mueller inquiry was included.

Источник: https://www.cnbc.com/2017/12/05/trump-lawyer-denies-reports-that-mueller-is-seeking-deutsche-bank-records.html

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Mueller subpoenas trump deutsche bank records -

Richard Blumenthal, United States Senator for Connecticut

[WASHINGTON, DC] – U.S. Senator Richard Blumenthal (D-CT) released the statement below following reports that Special Counsel Mueller has issued subpoenas to Deutsche Bank in relation to President Trump’s financial records.

“President Trump’s foreign financial dealings are clearly within the purview of the Special Counsel’s inquiry. The first rule of an investigation like Special Counsel Mueller’s is: follow the money. Deutsche Bank isn’t just one of the Trump Organization’s largest lenders – for years, it was the lender of last resort after repeated defaults and bankruptcies. President Trump stills owes Deutsche Bank, which itself remains under criminal investigation for a multi-billion dollar Russian oligarch money-laundering scheme,” Blumenthal said. “As Special Counsel Mueller presses forward, and comes closer to the President’s own conduct in this case, it is increasingly urgent that the Senate Judiciary Committee move forward with legislation to protect his investigation from the threat of political interference.”

Blumenthal first raised concerns about President Trump’s relationship with Deutsche Bank more than a year ago following widespread reports – including an investigation by ABC News – into how President Trump’s financial interests in the Trump Organization would expose our government to unprecedented conflicts of interest. In November 2016, Blumenthal called on then-Attorney General Loretta Lynch to appoint a Special Counsel to oversee the Department of Justice’s investigation into Deutsche Bank’s role in the 2008 financial crisis and potential wrongdoing in a multi-billion-dollar offshore trading and money laundering scheme. The full text of Blumenthal’s letter is available here.

Источник: https://www.blumenthal.senate.gov/newsroom/press/release/blumenthal-statement-on-special-counsels-subpoena-of-deutsche-bank-records

We now know of a second instance in which Trump reportedly wanted Mueller fired

  • President Donald Trump reportedly told advisers he wanted to oust the special counsel Robert Mueller in December.
  • It is the second reported instance in which Trump attempted to have Mueller removed.
  • It also surfaced Tuesday that Trump is weighing firing deputy attorney general Rod Rosenstein, following reports that Rosenstein signed off on a search warrant targeting Trump's longtime personal lawyer, Michael Cohen.

After reports surfaced in December that the special counsel Robert Mueller had subpoenaed Deutsche Bank seeking records related to the Trump family’s business dealings, Trump said he wanted the Russia investigation to be shut down, The New York Times reported.

Trump apparently believed the reports indicated Mueller had crossed the "red line" Trump said Mueller would breach if he investigated Trump’s or his family’s personal finances.

However, when Trump’s lawyers reached out to Mueller’s office to ask about the reports of the Deutsche Bank subpoenas, Mueller’s office said they were inaccurate, and Trump subsequently backed off.

The alleged sequence of events represents the second known instance in which the president has sought to oust the special counsel investigating him and his associates.

Earlier this year, The Times reported that Trump ordered the White House counsel, Don McGahn, to fire Mueller and only backed off when McGahn threatened to resign.

Reports of the Deutsche Bank subpoenas came shortly after Trump’s former national security adviser, Michael Flynn, pleaded guilty in the Russia investigation and began cooperating with the FBI. After news of Flynn’s guilty plea emerged, Trump publicly defended him, saying his indictment was a "shame because his actions during the transition were lawful."

He added: "There was nothing to hide!"

Trump’s reported push to fire Mueller upon learning of the reported Deutsche Bank subpoenas will add another piece to the puzzle as Mueller investigates Trump’s intent and whether he sought to obstruct justice at various points in the Russia probe.

The obstruction-of-justice thread stems primarily from Trump’s decision to fire FBI director James Comey last year. Following Comey’s dismissal, deputy attorney general Rod Rosenstein appointed Mueller the special counsel in charge of overseeing the Russia investigation.

Since then, Trump has publicly and privately railed against Rosenstein, Comey, Mueller, former FBI deputy director Andrew McCabe, and attorney general Jeff Sessions, who recused himself from the Russia investigation last year.

Meanwhile, on Tuesday, CNN reported that Trump is now weighing firing Rosenstein amid reports that he signed off on a warrant targeting Trump’s longtime personal lawyer, Michael Cohen.

On Monday, investigators working with the US Attorney’s office for the Southern District of New York raided Cohen’s home, office, and hotel room in an early morning raid and seized Cohen’s electronic devices, personal financial documents, and attorney-client communications between him and Trump.

'Sooner or later, everyone will know what Bob Mueller knows'

Robert Mueller
AP Photo/J. Scott Applewhite

Legal experts did not mince words when discussing the enormity of the Cohen raids.

"This just got personal for Trump," said Jeffrey Cramer, a former federal prosecutor who spent 12 years at the Department of Justice. "It hits close to home, and he's scared."

Cohen, whose primary and highest-profile client is the president, left the Trump Organization early last year and has been a personal attorney to Trump since then.

But his relationship with Trump spans years — he has long been known as one of Trump's closest allies, and Cohen's intimate knowledge of Trump's finances was most likely the tipping point that fueled Trump's rage.

"This search warrant is like dropping a bomb on Trump's front porch," Joyce White Vance, a former federal prosecutor from Alabama, told The Washington Post.

"You can't get much worse than this, other than arresting someone's wife or putting pressure on a family member," Mark Zaid, a Washington attorney, told The Post. "This strikes at the inner sanctum: your lawyer, your CPA, your barber, your therapist, your bartender. All the people who would know the worst about you."

Cramer said Tuesday that Trump's anger was not surprising given the potentially significant implications of the Cohen raids.

While he may not be able to shut down the investigation into Cohen, Trump could theoretically pardon anyone convicted of a federal crime. Meanwhile, if Rosenstein is unwilling to fire Mueller, Trump has the constitutional authority to fire Rosenstein and nominate a deputy attorney general who would be willing to carry out an order to dismiss Mueller.

Trump could also take the extraordinary step of firing Mueller directly by ordering a repeal of the special-counsel regulations adopted in 1999, according to Neal Katyal, the former acting solicitor general, who drafted the guidelines.

But even if he were to do all those things, Cramer said, "the New York attorney general is going to pick up this trail, and that's where the president has absolutely no authority, because he can't pardon state crimes."

"One way or another, the truth is going to get out," he added. "It may be in an indictment; it may be in a report. But sooner or later, everyone will know what Bob Mueller knows."

Источник: https://www.businessinsider.com/trump-wanted-mueller-fired-deutsche-bank-subpoena-2018-4

Special prosecutor Robert Mueller zeroed in on President Donald Trump’s business dealings with Deutsche Bank as his investigation into alleged Russian meddling in U.S. elections widens.

Mueller issued a subpoena to Germany’s largest lender several weeks ago, forcing the bank to submit documents on its relationship with Trump and his family, according to a person briefed on the matter, who asked not to be identified because the action has not been announced.

“Deutsche Bank always cooperates with investigating authorities in all countries,” the lender said in a statement to Bloomberg Tuesday, declining to provide additional information.

Deutsche Bank for months has rebuffed calls by Democratic lawmakers to provide more transparency over the roughly $300 million Trump owed to the bank for his real estate dealings prior to becoming president. Rep. Maxine Waters of California and other Democrats have asked whether the bank’s loans to Trump, made years before he ran for president, were in any way connected to Russia. The bank previously rejected those demands, saying sharing client data would be illegal unless it received a formal request to do so. Trump has denied any wrongdoing.

Calls and emails to the White House weren’t immediately returned before U.S. office hours. Handelsblatt reported the subpoena earlier Tuesday.

Mueller’s investigation — which is looking into alleged Russian interference into last year’s U.S. election and whether Trump’s winning campaign assisted in those efforts — appears to be entering a new phase. Trump’s former national security adviser, Michael Flynn, pleaded guilty Friday to lying to FBI agents, becoming the fourth associate of the president ensnared by Mueller’s probe. More significantly, he also is providing details to Mueller about the Trump campaign’s approach to Flynn’s controversial meeting with a Russian envoy during the presidential transition.

Trump’s relationship with Deutsche Bank stretches back some two decades and the roughly $300 million he owed to the bank represented nearly half of his outstanding debt, according to a July 2016 analysis by Bloomberg. That figure includes a $170-million loan Trump took out to finish a hotel in Washington. He also has two mortgages against his Trump National Doral Miami resort and a loan against his tower in Chicago.

Deutsche Bank management is ready to share information about the lender’s dealings with Trump and is hopeful that doing so will help end the series of inquiries from Democrats, an executive at the bank, who asked not to be identified discussing private deliberations, has previously told Bloomberg News.

News of the Deutsche Bank subpoena may escalate Trump’s vitriol toward investigators, which over the past week has included publicly attacking the Justice Department and the Federal Bureau of Investigation, whose reputation he declared to be ” in tatters.”

In July, Trump said in an interview with the New York Times that if Mueller examined his family’s finances beyond any relationship with Russia he’d consider it “a violation.” Mueller’s investigation had expanded to examine a broad range of transactions involving the president’s businesses, including dealings by his son-in-law, Jared Kushner, and Commerce Secretary Wilbur Ross, a person familiar with the probe told Bloomberg News after the publication of the Times interview.

Democratic senators, including Dianne Feinstein, suggested after the Flynn plea that Mueller might be building an obstruction of justice case against Trump. But the Deutsche Bank subpoena may indicate that the special prosecutor is still looking at a wide range of data, including the president’s financial dealings.

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Mueller’s team has also been interviewing White House aides in recent weeks, including former Chief of Staff Reince Priebus, former spokesman Sean Spicer and National Security Council chief of staff Keith Kellogg, according to people familiar with the investigation.

As Mueller’s investigation unfolds, Trump has gone on the offensive. Over the weekend on Twitter, he attacked the FBI and Mueller’s team and defended some of Flynn’s actions. In particular, Trump hailed the news that one of Mueller’s aides had been removed from his job over the summer for some anti-Trump text messages.

On Monday, as he left the White House for a trip to Utah, Trump restated his sympathy for Flynn and his assertion that prosecutors should have pursued action against his general election rival, Hillary Clinton.



Источник: https://www.denverpost.com/2017/12/05/donald-trump-deutsche-bank-records/

Mueller Subpoenas Deutsche Bank Records Related to Trump -- 2nd Update

Deutsche Bank AG received a subpoena earlier in the fall from U.S. special counsel Robert Mueller's office related to the lender's business with President Donald Trump, according to a person briefed on the matter.

The subpoena requested documents and data about accounts and other dealings tied to client relationships with Mr. Trump and people close to him, the person said. The bank has lent more than $300 million to entities affiliated with Mr. Trump, according to public disclosures.

Mr. Mueller is investigating Russian meddling in the 2016 election, including flows of cash tied to Russia and people in Mr. Trump's orbit, in a deepening probe that has led to charges against former advisers to Mr. Trump.

A Deutsche Bank spokesman said Tuesday that the bank "cooperates with investigative authorities." The subpoena was earlier reported by Handelsblatt.

Mr. Trump has called the special counsel's investigation a "witch hunt," and Moscow has denied meddling in the election. A White House spokeswoman didn't immediately respond to a request for comment Tuesday morning.

Deutsche Bank executives and lawyers had been expecting a demand for information from Mr. Mueller's team as the special counsel investigation progressed, according to people close to the bank. As Mr. Trump's primary lender in recent years, Deutsche Bank this year faced repeated document requests from Democratic lawmakers scrutinizing the administration's ties to Russia.

The Democrats lacked Republican support to compel Deutsche Bank to provide the information. Deutsche Bank lawyers have said U.S. bank-secrecy rules prohibited the lender from revealing details about its clients or their business with the bank without a subpoena or other formal request from Congress.

Deutsche Bank faces ongoing questions about a series of Russian trades that have been scrutinized in multiple investigations in the U.S. and Europe, including in a still-pending U.S. Justice Department probe. The Democratic U.S. lawmakers wanted the bank to detail any ties between those trades or other Russian financing and anyone connected to Mr. Trump, his family or advisers.

Write to Jenny Strasburg at [email protected]

Deutsche Bank AG received a subpoena earlier in the fall from U.S. special counsel Robert Mueller's office concerning people or entities affiliated with President Donald Trump, according to a person briefed on the matter.

The subpoena requested documents and data about accounts and other dealings tied to relationships with Mr. Trump and people close to him, the person said. The bank has lent more than $300 million to entities affiliated with Mr. Trump, according to public disclosures.

Ty Cobb, the White House's chief lawyer handling the Russia investigation, said bank records of Mr. Trump and his family weren't subpoenaed. "Previous reports today about subpoenas for financial records relating to the president and his family are false," Mr. Cobb said.

Mr. Mueller is investigating Russian meddling in the 2016 election, including flows of cash tied to Russia and people in Mr. Trump's orbit, in a deepening probe that has led to charges against former advisers to Mr. Trump.

A Deutsche Bank spokesman said Tuesday that the bank "takes its legal obligations seriously and remains committed to cooperating with authorized investigations into this matter." The subpoena was earlier reported by German newspaper Handelsblatt.

Deutsche Bank's relationship with Mr. Trump goes back decades. Since 1998, the lender has led or participated in loans of at least $2.5 billion to companies affiliated with Mr. Trump, The Wall Street Journal has reported. The financing helped Mr. Trump build or purchase some of his highest-profile projects, including in Washington, New York, Chicago and Florida.

Deutsche Bank kept doing business with Mr. Trump after other banks pulled away, and even after Deutsche Bank itself became embroiled in a nasty legal battle over 2005 loans worth more than $600 million to build the Trump International Hotel and Tower in Chicago. After Mr. Trump missed loan payments in 2008, he and Deutsche Bank sued each other. They settled out of court in 2009.

About that time, Deutsche Bank's investment bank soured on the relationship, people close to the matter say. But the lender's private-banking unit stepped in and extended more than $300 million in loans to Trump entities over several years, according to public disclosures and people close to the bank.

Mr. Trump offered personal guarantees for large portions of the Deutsche Bank loans. Those personal guarantees have factored into months of internal discussions among bank lawyers and executives about the implications of a default, were one to happen, according to people familiar with the discussions. One issue is the thorny prospect of pursuing a high-profile elected official for payment, and one with potential sway over ongoing investigations or other decisions that could affect Deutsche Bank, the people say.

Dan Stein, former chief of the criminal division at the Manhattan U.S. attorney's office, said the special counsel's subpoena of Deutsche Bank signals one of two possible directions for the broader investigation.

"Either it means they're going beyond the narrow question of election interference," Mr. Stein said of Mr. Mueller's team. Or it means the question of election interference may now somehow involve the transfer of funds to the president or his family or inner circle, he said.

Mr. Trump has called the special counsel's investigation a "witch hunt," and Moscow has denied meddling in the election.

Michael Caputo, a former Trump campaign adviser, said in an interview that the Deutsche Bank subpoena suggests the special counsel investigation is now veering into a probe of Mr. Trump's private business dealings. Referring to Mr. Mueller, he said, "If he goes into the Trump Organization financial records, that's a clear indication that it (the investigation) has gone amok."

The Justice Department order authorizing the special counsel gives Mr. Mueller a wide remit to investigate "any matters that arose or may arise directly from the investigation."

Deutsche Bank executives and lawyers had been expecting a demand for information from Mr. Mueller's team as the special counsel investigation progressed, according to people close to the bank. As Mr. Trump's primary lender in recent years, Deutsche Bank this year faced repeated document requests from Democratic lawmakers scrutinizing the administration's ties to Russia.

The Democrats lacked Republican support to compel Deutsche Bank to provide the information. Deutsche Bank lawyers have said U.S. bank-secrecy rules prohibited the lender from revealing details about its clients or their business with the bank without a subpoena or other formal request from Congress.

Deutsche Bank faces ongoing questions about a series of Russian trades that have been scrutinized in multiple investigations in the U.S. and Europe, including in a still-pending U.S. Justice Department probe. The Democratic U.S. lawmakers wanted the bank to detail any ties between those trades or other Russian financing and anyone connected to Mr. Trump, his family or advisers.

--Erica Orden, Rebecca Ballhaus and Peter Nicholas in Washington contributed to this article.

Write to Jenny Strasburg at [email protected]

(END) Dow Jones Newswires

December 05, 2017 17:32 ET (22:32 GMT)

Источник: https://www.foxbusiness.com/features/mueller-subpoenas-deutsche-bank-records-related-to-trump-2nd-update

House Democrats Subpoena Deutsche Bank and Others as the Trump Investigation Deepens

Congressional Democrats issued subpoenas to Deutsche Bank AG and other banks to obtain long-sought documents indicating whether foreign nations tried to influence U.S. politics, signaling an escalation of their probes into President Donald Trump’s finances and any dealings with Russians.

House Intelligence Chairman Adam Schiff said his panel made the requests Monday in coordination with the House Financial Services Committee, according to a statement.

Both panels have been seeking Trump-related material from Deutsche Bank since Democrats took over the House majority in January. Schiff said the Frankfurt-based bank has been cooperative with the probe and Monday’s request was a “friendly subpoena.” Such a subpoena is typically submitted when a firm is willing to hand over documents but wants a formal request first.

“Deutsche Bank is engaged in a productive dialogue with the House Financial Services and Intelligence Committees,” Deutsche Bank spokeswoman Kerrie McHugh said Monday. “We remain committed to providing appropriate information to all authorized investigations in a manner consistent with our legal obligations. If you have questions concerning the investigative activities of the committees, we would refer you to the committees themselves.”

Spokesmen for the six largest U.S. banks — JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc., Wells Fargo & Co., Goldman Sachs Group Inc. and Morgan Stanley — either declined to comment or didn’t immediately respond to messages seeking comment outside normal business hours.

The House Financial Services Committee has long been in talks with Deutsche Bank about Trump-related records, including any tied to Russia. Maxine Waters, the California Democrat who leads the panel, signaled last week that her interest in Russia extended to other lenders as well. At a April 10 hearing where the chief executive officers of the biggest U.S. banks testified, her first question was about any business dealings their firms had in Russia.

‘Very Serious’

“The potential use of the U.S. financial system for illicit purposes is a very serious concern,” Waters said in a statement Monday. “The Financial Services Committee is exploring these matters, including as they may involve the president and his associates, as thoroughly as possible pursuant to its oversight authority, and will follow the facts wherever they may lead us.”

The Intelligence Committee is more focused on aspects of financial connections or dealings that could suggest potential leverage by foreign entities over Trump, his family or his business. Trump has some $340 million in loans from Deutsche Bank, according to his most recent financial disclosures.

Possible financial leverage wasn’t mentioned in Attorney General William Barr’s four-page summary of Special Counsel Robert Mueller’s findings from his 22-month probe of Russian election interference.

Schiff has frequently noted that Trump was pursuing a Trump Tower project in Moscow during the presidential campaign.

“That’s a different form of collusion, but it is equally compromising to the country because it means the president of the United States is looking out for his bank account and not for the United States of America,” Schiff said in an interview on NBC in February.

Schiff and other committee Democrats had sought to pursue Trump’s financial connections ever since he became president. But it was only after Democrats won control of the House in 2018 that they gained subpoena power.

Deutsche Bank had been Trump’s go-to lender for decades, even as other commercial banks stopped doing business with him because of multiple bankruptcies.

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Источник: https://time.com/5571332/deutsche-bank-democrats-subpoena-trump/

Trump lawyer denies Deutsche Bank got subpoena on Trump accounts

FRANKFURT/WASHINGTON (Reuters) - A U.S. federal investigator probing alleged Russian interference in the 2016 U.S. presidential election asked Deutsche Bank DBKGn.DE for data on accounts held by President Donald Trump and his family, a person close to the matter said on Tuesday, but Trump's lawyer denied any such subpoena had been issued.

Germany’s largest bank received a subpoena from Special Counsel Robert Mueller several weeks ago to provide information on certain money and credit transactions, the person said, without giving details, adding that key documents had been handed over in the meantime.

Deutsche Bank has lent the Trump Organization hundreds of millions of dollars for real estate ventures and is one of the few major lenders that has given large amounts of credit to Trump in the past decade. A string of bankruptcies at his hotel and casino businesses during the 1990s made most of Wall Street wary of extending him credit.

Mueller is investigating alleged Russian attempts to influence the election, and potential collusion by Trump aides. Russia has denied U.S. intelligence agencies’ conclusion that it meddled in the election and Trump has said there was no collusion with Moscow.

Jay Sekulow, one of Trump’s personal lawyers, said Deutsche Bank has not received any subpoena for financial records relating to the president as part of Mueller’s probe.

“We have confirmed that the news reports that the Special Counsel had subpoenaed financial records relating to the president are false,” Sekulow told Reuters in a statement. “No subpoena has been issued or received. We have confirmed this with the bank and other sources.”

He later said the bank in question was Deutsche Bank. A spokesman for Mueller declined to comment.

A Deutsche Bank spokesman in New York had no immediate comment beyond the statement the bank issued earlier on Tuesday which said the bank takes “its legal obligations seriously and remains committed to cooperating with authorized investigations into this matter.”

A U.S. official with knowledge of Mueller’s probe said one reason for the subpoenas was to find out whether Deutsche Bank may have sold some of Trump’s mortgage or other loans to Russian state development bank VEB or other Russian banks that now are under U.S. and European Union sanctions.

VEB, as well as the Russian Agricultural Bank and Gazprombank GZPRI.MM did not immediately reply to emailed requests for comment.

"No one from the VTB Group VTBR.MM representatives has received a subpoena because there are absolutely no grounds for it," a bank representative said in response to a request from Reuters. "Deutsche Bank did not contact us regarding people connected with the Trump administration."

"We would not comment on the existence of any such request, had one been received," responded a representative of Sberbank SBER.MM.

Holding Trump debt, particularly if some of it was or is coming due, could potentially give Russian banks some leverage over Trump, especially if they are state-owned, said a second U.S. official familiar with Russian intelligence methods.

“One obvious question is why Trump and those around him expressed interest in improving relations with Russia as a top foreign policy priority, and whether or not any personal considerations played any part in that,” the second official said, speaking on the condition of anonymity.

A source close to Deutsche Bank said the bank had run checks on Trump’s financial dealings with Russia.

During his election campaign, Trump said he would seek to improve ties with Russian President Vladimir Putin, which were strained during President Barack Obama’s administration.

The subpoena was earlier reported by German daily Handelsblatt.

FINANCES A RED LINE

During a photo opportunity with senators at the White House on Tuesday, Trump declined to answer shouted questions from reporters about whether Mueller had crossed a line by asking Deutsche Bank for information.

In a July 9 interview with the New York Times, Trump said Mueller should not extend his investigation into Trump’s finances if they were not directly related to the Russia accusations.

Asked if delving into his and his family’s finances unrelated to the Russia probe would cross a red line, Trump replied, “I would say yeah. I would say yes.”

Deutsche Bank earlier this year rebuffed efforts by Democratic U.S. lawmakers to get more information on its dealings with Trump as well as any information it may have about whether the Republican, his family or advisers had financial backing from Russia.

Trump had liabilities of at least $130 million to Deutsche Bank Trust Company Americas, a unit of the German bank, according to a federal financial disclosure form released in June by the U.S. Office of Government Ethics.

The Deutsche debts include a loan exceeding $50 million for the Old Post Office, a historic property he redeveloped in downtown Washington, mortgages worth more than $55 million on a golf course in Florida, and a $25 million-plus loan on a Trump hotel and condominium in Chicago, the disclosure shows.

All of those loans were taken out in 2012 and will mature in 2023 and 2024, according to the disclosure.

Trump and Deutsche Bank have not always been on good terms. Trump sued the bank and other lenders in 2008, demanding $3 billion in damages, claiming they broke agreements in the construction and financing of a Chicago hotel.

Deutsche Bank countersued and the two sides eventually settled.

Internal Deutsche Bank documents seen by Reuters feature the names of Trump’s former campaign manager Paul Manafort and his wife, Kathleen, in a series of client profiles. But it was not immediately clear what their relationship with the bank is or had been.

According to a person familiar with the matter who spoke on the condition of anonymity, Manafort and his wife do not have Deutsche Bank accounts.

The bank declined to comment on whether Manafort is or has ever been a client.

A spokesman for Manafort declined to comment.

In October, Manafort pleaded not guilty to charges including conspiracy to launder money and conspiracy against the United States. The charges were brought as part of Mueller’s investigation.

Reporting by Arno Schuetze and Tom Bergin in Frankfurt, Tatiana Voronova in Moscow, and Nathan Layne, John Walcott, Nathan Layne, Karen Freifeld and Jonathan Landay in Washington; Writing by Alistair Bell and Yara Bayoumy; Editing by Keith Weir, Mark Potter, Toni Reinhold and Frances Kerry

Our Standards: The Thomson Reuters Trust Principles.

Источник: https://www.reuters.com/article/us-usa-trump-deutsche-bank-idUSKBN1DZ0XN

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