Mueller subpoenas bank records in Russian Federation probe

Mueller subpoenas bank records in Russian Federation probe

"Deutsche Bank's pattern of involvement in money laundering schemes with primarily Russian participation, its unconventional relationship with the president, and its repeated violations of USA banking laws all raise serious question about whether the bank's reported reviews of the trading scheme and Trump's financial ties to Russia were completely thorough", they wrote.

President Trump's legal team confirms it is aware of media reports related to the subpoena, but there was no immediate comment from the White House or the president's attorneys.

Mueller sought records from Deutsche Bank, a source familiar with the subpoena told ABC News. This means Trump is overseeing a government that has had to make tough decisions over how to handle various matters related to Deutsche Bank-to which he owns a ton of money.

Specific requests of the bank were not immediately clear but ABC News has previously reported Deutsche Bank loaned the Trump Organization more than $300 million for real estate transactions prior to Trump becoming president.

Mr Mueller is investigating alleged Russian attempts to influence the election, and potential collusion by Trump aides. The bank has worked with Trump since the 1990s, long before the tycoon chose to enter politics as a candidate. Another $220,000 helped the special counsel's office employees relocate to work with Mueller. Representative Maxine Waters of California and other Democrats have asked whether the bank's loans to Trump, made years before he ran for president, were in any way connected to Russian Federation.

In a statement, the bank said it cooperates with official investigators but would not discuss individual cases.

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Asked if delving into his and his family's finances unrelated to the Russian Federation probe would cross a red line, Trump replied, "I would say yeah".

During a photo opportunity with senators at the White House on Tuesday, Trump declined to answer shouted questions from reporters about whether Mueller had crossed a line by asking Deutsche Bank for information. "I would say yes".

The bank was fined more than $630 million for its lack of oversight by a British financial authority and the New York Department of Financial Services. But the Deutsche Bank subpoena may indicate that the special prosecutor is still looking at a wide range of data, including the president's financial dealings. The president's financial disclosure of June 16 reported $130 million in debt, a figure the bank has not publicly confirmed. Majority Republicans did not participate in the request for Deutsche Bank, and the bank did not provide the committee with any information.

The Trump International Hotel is shown on August 10, 2017 in Washington.

As Mueller's investigation unfolds, Trump has gone on the offensive. Mueller also disclosed that he secured a guilty plea from George Papadopoulos, who was a junior foreign-policy adviser to the Trump campaign, for lying to the Federal Bureau of Investigation about contacts with Russian operatives.

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