Democrats plans to scrutinize Deutsche Bank’s lending to President Trump

Deutsche Bank’s lending to President Donald Trump is likely to be a focus of scrutiny for Democrats now that they’ve taken control of the House and have more power to launch investigations, Representative Maxine Waters pledged Wednesday.

Deutsche Bank was one of the few banks “amenable” to providing Trump with financing before he became president, Waters, who is in line to take over the House Financial Services Committee, said in an interview with Bloomberg Television. “We want to know some things about that,” she said.

Waters also said House Democrats plan to meet with the management of Wells Fargo, a bank that has been grappling with scandals such as the revelation that it opened millions of accounts without customers’ approval.

Source: HITC

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