Schiff plans to obtain Deutsche Bank records of Trump's personal finances

Source: The Hill | December 14, 2018 | John Bowden

Rep. Adam Schiff (D-Calif.) told The New Yorker that he plans to subpoena information on President Trump’s personal business transactions from Deutsche Bank regarding allegations that the president’s financial interests in Russia are affecting his foreign policy positions.

Schiff, who will likely chair the House Intelligence Committee come January, said he believes answers to whether Trump was involved in money laundering with Russia lie in records held by the German-owned bank, which Trump banked with extensively during the 1990s.

“Is that why Trump is so pro-Russian? Is his financial interest guiding his foreign policy?” Schiff asked in an interview with the magazine.

“We are going to be looking at the issue of possible money laundering by the Trump Organization, and Deutsche Bank is one obvious place to start,” he continued.

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