Trump Wants To Silence Deutsche Bank In Court

President Donald Trump is going forward with a lawsuit to try to block Deutsche Bank from turning over his financial records to House Democrats, saying the Democrats lack the authority to subpoena the records. However, a whistleblower named Tammy McFadden has come forward, saying Trump’s bank account was flagged for suspicious activity during the 2016 campaign.

“Anti-money-laundering specialists at Deutsche Bank recommended in 2016 and 2017 that multiple transactions involving legal entities controlled by Donald J. Trump and his son-in-law, Jared Kushner, be reported to a federal financial-crimes watchdog,” The New York Times reported on Sunday. “The transactions, some of which involved Mr. Trump’s now-defunct foundation, set off alerts in a computer system designed to detect illicit activity, according to five current and former bank employees. Compliance staff members who then reviewed the transactions prepared so-called suspicious activity reports that they believed should be sent to a unit of the Treasury Department that polices financial crimes.”

Trump refuted the claims on Twitter, calling the story “fake news” and accusing the New York Times of using “anonymous” sources that don’t really exist.

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“The Mainstream Media has never been as corrupt and deranged as it is today. FAKE NEWS is actually the biggest story of all and is the true ENEMY OF THE PEOPLE! That’s why they refuse to cover the REAL Russia Hoax. But the American people are wise to what is going on,” Trump tweeted. “The Failing New York Times (it will pass away when I leave office in 6 years), and others of the Fake News Media, keep writing phony stories about how I didn’t use many banks because they didn’t want to do business with me. WRONG! It is because I didn’t need money. Very old-fashioned, but true. When you don’t need or want money, you don’t need or want banks. Banks have always been available to me, they want to make money. Fake Media only says this to disparage, and always uses unnamed sources (because their sources don’t even exist).”

Democrats argue that the financial records are relevant because they reveal Trump colluded with Russian entities to meddle in the 2016 campaign, and therefore they should have the power to subpoena the records.