House panels issue subpoenas to Deutsche Bank, others in Trump probe | Reuters

Two U.S. House of Representatives committees have issued subpoenas to multiple financial institutions, including Deutsche Bank AG, for information on President Donald Trump’s finances, the panels’ Democratic leaders said on Monday.

“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,” the committee’s chair, Maxine Waters, said in a statement.

Source: House panels issue subpoenas to Deutsche Bank, others in Trump probe – Reuters

READ  'Hard Brexit' could cost British finance firms 38 billion pounds | Reuters

Leave a Reply

Your email address will not be published. Required fields are marked *