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New York attorney general probe targets Deutsche Bank’s ties to Trump Organization

New York, March 13 (RHC)-- The New York Times is reporting the New York Attorney General’s Office issued subpoenas to Cas part of an investigation into the Trump Organization’s real estate dealings. 

The probe was reportedly spurred by Michael Cohen’s congressional testimony last month, in which Trump’s former lawyer and fixer asserted that Trump regularly inflated his assets in official documents. 

Cohen provided lawmakers with copies of statements that were submitted to Deutsche Bank.  Deutsche Bank is Donald Trump’s largest lender and loaned hundreds of millions of dollars to Trump Organization for real estate projects even as other banks refused to do so.

In other news, U.S. House Speaker Nancy Pelosi told The Washington Post she is not planning on launching impeachment proceedings against President Trump, saying: “He’s just not worth it,” and that impeachment is too divisive. 

Pelosi called Trump “ethically and intellectually unfit” for the presidency but said Congress would require an overwhelming and bipartisan reason for impeachment.  In response, Washington congressmember and Progressive Caucus co-chair Pramila Jayapal said that congressional investigations should determine the appropriate course of action, and that evidence of a “consistent pattern of abuse of power, [or] of obstruction of justice” would be grounds for impeachment. 

Meanwhile, Michigan Congressmember Rashida Tlaib is expected to introduce articles of impeachment this month.

 

Edited by Jorge Ruiz Miyares
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