Deutsche Bank received a subpoena from the House Intelligence and Financial Services committees, according to a person familiar with the matter. The subpoena is seeking information about loans the bank gave to President Trump and the Trump Organization.
Deutsche Bank received a subpoena Monday afternoon from the House Intelligence and Financial Services committees, according to a person familiar with the matter.
The full scope of the subpoena could not be determined. The subpoena is seeking information about loans Deutsche Bank gave to President Donald Trump and the Trump Organization. Deutsche has about $300 million in loans extended to the Trump Organization. The German lender is one of the few large banks willing to do business with the real estate developer. The bank has not extended new loans to the company since Trump has taken office.
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