While House lawmakers are having trouble obtaining President Trump's tax returns, New York state's attorney general now has her hands on financial records relating to his businesses, sources tell CNN. The sources say Deutsche Bank—which has reportedly issued more than $2 billion in loans to Trump and his businesses over the years—has started turning over financial records, including loan documents, relating to Trump hotels in Chicago, Miami, and Washington, DC, as well as his unsuccessful attempt to buy the Buffalo Bills. New York AG Letitia James opened an investigation and subpoenaed the bank last month after former Trump lawyer Michael Cohen testified that Trump had inflated his assets to secure loans.
"We remain committed to cooperating with authorized investigations," a bank spokesman told the AFP, though he declined to confirm the CNN report. The Trump Organization and the New York attorney general's office declined to comment. The subpoena from James' office is believed to have covered loan applications, mortgages, and lines of credit. House Democrats seeking information about the president's finances have also subpoenaed the bank, the Hill reports. Deutsche Bank was one of the few major banks to lend to Trump and the Trump Organization after defaults and bankruptcies in the 1990s, though the loans stopped when Trump became president, Deutsche Welle notes. (More Deutsche Bank stories.)
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