Congress wants to know why Deutsche Bank loaned Mr. Trump money when no other bank on the planet would give the real estate tycoon the time of day. Mr. Trump did get loans from American banks before he bankrupted his airline and casinos. When Trump defaulted on those loans, and the banks that got stuck with the mess Trump created, they vowed never to give Trump another nickel.
But Deutsche Bank decided to lend Trump money in spite of his loan repayment record. According to the Fortune, the Trump Organization made a deal to play a part in a money-laundering scheme that involves the Russian government and a Deutsche Bank branch in Moscow.
According to the report, the director of the Moscow branch had a close relationship with the Kremlin. The Kremlin wanted to exchange rubles for dollars under the table, and the director of the bank made that happen. And some say Trump played a part in that scheme.
Adam Schiff, the chairman of the House Intelligence Committee, sent Deutsche Bank a friendly subpoena in order for the bank to comply with his request for Trump’s financial records. And Richard Neal, the Chairman of the House Ways and Means Committee wants the IRS to release Trump’s tax returns. Treasury Secretary Stephen Mnuchin, one of Trump’s fanboys, wants to block that request. But Neal won’t quit until he sees how Trump gets away with paying little or no taxes. Several news reports say Trump’s accountants used creative accounting to help Trump avoid paying taxes.
Mr. Trump claims he is a victim, and he hopes no other president will go through the political torture Congress has put him through. Mr. Trump’s personal Lawyer William Consovoy sent a letter to Neal that said the request for Trump’s tax returns is unconstitutional. But there is a 1920s law that states Congress can request the tax returns of any American citizen. Consovoy and Rudy Giuliani say that law doesn’t apply to the president.
Despite all the pressure and the mudslinging, Melania Trump and Karen Pence say they love their jobs. No one is sure what Karen Pence actually does, but she likes to travel with Mike when he travels overseas to promote Trump’s nationalism. Melania wants another four years in the White House so she can make Vogue editor-in-chief Anna Wintour put her on a Vogue cover again. But that won’t happen, according to Wintour, a former Trump friend, and Democratic supporter.