Home Politics House Dems Issue “Friendly Subpoena” To Multiple Banks, Probing “Different Form Of...

House Dems Issue “Friendly Subpoena” To Multiple Banks, Probing “Different Form Of Trump-Russia Collusion”

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Update: Eric Trump has issued a statement blasting the subpoeanas:

This subpoena is an unprecedented abuse of power and simply the latest attempt by House Democrats to attack the President and our family for political gain. Instead of legislating, the committee is obsessed with harassing and undermining my father’s administration, doing everything they can to distract from his incredible accomplishments. This incompetence is the exact reason why the American people have such disdain for politicians and why my father was elected President. Today’s actions by the committee set a horrible precedent for all taxpayers.”

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With just three days until the full (redacted) Mueller Report is released, shattering his entire raison d’etre, House Intelligence Chairman Adam Schiff refuses to give up on his search for Trump-Russia collusion.

Bloomberg reports that Congressional Democrats issued subpoenas to Deutsche Bank AG and other banks to obtain long-sought documents related to 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.

Schiff said in a statement the subpoenas issued included a “friendly subpoena to Deutsche Bank.”

The Financial Services Committee chair, Maxine Waters, said in a statement:

The potential use of the U.S. financial system for illicit purposes is a very serious concern. The Financial Services Committee is exploring these matters, including as they may involve the president and his associates, as thoroughly as possible.”

Deutsche Bank spokeswoman Kerrie McHugh said Monday:

“Deutsche Bank is engaged in a productive dialogue with the House Financial Services and Intelligence Committees.

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.”

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.

Additionally, CNN reports that the House Oversight and Government Reform Committee has subpoenaed Trump financial information from Mazars, an accounting firm that once prepared several years’ worth of President Donald Trump’s financial statements, according to a Monday memo to committee members from Chairman Elijah Cummings.

Cummings had said he intended to issue a “friendly subpoena” because Mazars USA had requested it from the committee before providing records.

Cummings is requesting financial information dating back 10 years after Trump’s former personal attorney Michael Cohen accused Trump of inflating his net worth in an attempt to buy the Buffalo Bills football team.

In the memo, Cummings said the subpoena is also based on “corroborating documents” that “raise grave questions about whether the President has been accurate in his financial reporting.”

While 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 remains unable to face his own cognitive dissonance, frequently noting that billionaire real-estate-developer Trump was pursuing a Trump Tower (real estate) 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.

via zerohedge

8 COMMENTS

  1. Those Congress people better be prepared for the same treatment that they are pursuing against POTUS. They should remember what is good for the goose is good for the gander and we the people can and will be investigating each and everyone of them.

  2. People keep saying , its over, they will be stopped now. I dont know why people expect the old devil to suddenly stop working. Till hes in the lake of fire…he will stay busy…and busier by the minute. If Congress had been doing its job though all along…we wouldnt have half the problems…but one side pulls rotten tricks on America and the other side just sits there and cries and says they cant do anything….and the other side cries and says …hes looking at me mom. Both and all stinking fakers and liars. Im getting tired of being a stinking ping pong ball.

  3. The Mueller report hasn’t provided them with what they want, so now it’s after tax returns. States have been working on passing laws that require at least 5-10 years of tax returns for anyone that is wanting to run for POTUS. There have never been any laws requiring the president to submit his taxes. On top of that, the IRS has already audited him since he’s been president, haven’t found anything, but Democrats will not be happy, or idle, until Trump is ousted. All one has to do is take a look at the constant accusations from the Left, and the Democrats being in league with the MSM, it’s so very clear that it’s nothing but a witch hunt. But one thing for sure, they’ll never stop. And they’ll keep opening investigations left and right, because these despicable people are liars, cheaters, dishonest… these are plays right out of the marxist playbook… constantly keep attacking and accusing your enemy of the very thing you’re guilty of. It’s always much harder when burden of proof lies on your shoulders. They work at keep him constantly on the defensive. Even more so because of the division within the ranks, and those that are unwilling to step up and defend the president. Our Republican congressmen have lost their spine, and their will to fight this huge wave of evil Democrats before us, who clearly don’t care about the people, only their own greed, and corruption, willing to lie, omit truths, and create fake news about the president in order to get him thrown out. Their desperation has seriously uncovered their true nature, and the extents that they’re willing to go. And Obama and his administration, including Hillary, are sitting smack dab in the middle of all this.

  4. These asshole democrats just won’t give up, Trump’s bank records for a different form of Russian collusion, give me a break in fact give America a break from all the bullshit and lies.

  5. It was Hillary and Obama that colluded with Russia. The Democrates ALL KNOW THAT and are pooping bricks knowing they will be caught soon.

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