By Politico. A federal judge on Monday upheld a congressional subpoena seeking President Donald Trump’s financial records from an accounting firm, arguing that Congress is well within its rights to investigate potential illegal behavior by a president — even without launching a formal impeachment inquiry.
U.S. District Court Judge Amit Mehta’s ruling delivers a striking blow to the president’s efforts to resist Democratic investigations, and is certain to give Democrats further legal basis to investigate Trump, his finances, and his presidential campaign.
In addition to upholding the House Oversight and Reform Committee’s subpoena to accounting firm Mazars USA for eight years of Trump’s financial records, Mehta took the extra step of denying the president’s request for a stay pending appeal. (Read more from “Obama Judge Upholds Dem Subpoena for Trump Financial Records” HERE)
Trump Lashes out After Report Bank Found Suspicious Transactions
By Politico. President Donald Trump lashed out at The New York Times on Monday, disputing the paper’s reporting on his relationship with Deutsche Bank and launching into a broader criticism of the news media.
The president appeared to be responding to a Times report that anti-money laundering experts at the German bank noticed suspicious activity in accounts belonging to Trump and his son-in-law, Jared Kushner, in 2016 and 2017. According to the Times, bank executives blocked employees from reporting the suspect transactions to the U.S. Treasury, and one former employee says she was fired for raising concerns about the bank’s scrutiny of certain clients. . .
“The Failing New York Times (it will pass away when I leave office in 6 years), and others of the Fake News Media, keep writing phony stories about how I didn’t use many banks because they didn’t want to do business with me,” Trump wrote, kicking off a flurry of posts. “WRONG! It is because I didn’t need money. Very old fashioned, but true. When you don’t need or want money, you don’t need or want banks. Banks have always been available to me, they want to make money.” (Read more from “Trump Lashes out After Report Bank Found Suspicious Transactions” HERE)