President Trump defends his personal financial creditworthiness and his relationship with Deutsche Bank, following a NYTimes story that the German bank ignored red flags about potentially illegal transactions.
over the weekend that the German bank had ignored red flags raised by its own employees about potentially illegal transactions between Trump and other outside entities.
Trump accused the Times of "writing phony stories about how I didn't use many banks because they didn't want to do business with me. WRONG! It is because I didn't need money." Trump does, however owe hundreds of millions of dollars in loans to Deutsche Bank, which has financed several of his most high-profile real estate acquisitions during the past decade, including the Old Post Office building in Washington, D.C., now operating as the Trump International Hotel.filed last week with the Office of Government Ethics
The Trumps have so far offered few details about where exactly the cash for these purchases came from, save to say that it was the result of running profitable businesses.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Deutsche Bank Begins Removing Possessions From White House After Trump Defaults On LoanWASHINGTON—As the inconsolable president stood outside in his threadbare robe in the early hours of Wednesday morning, employees sent by Deutsche Bank began removing possessions from the White House after Donald Trump defaulted on his loans, sources confirmed. “Come on, guys, just give me a couple more weeks and I can get the money together—no, not the TV!” said the tear-stricken commander in chief as repossession officers from the German bank carried items including the Resolute Desk, a portrait of Andrew Jackson, and his golf clubs out of the White House, informing him that the bank could no longer wait for him to pay back millions of dollars of debt. “Not the china, that was Reagan’s! Please, you guys know I’m good for it. I have the funds, you have to believe me, I’ve got them tied up in other things. I just have to move some money around. Wait, that’s my favorite chair! If my wife gets home and sees that her beautiful clothes and the Winston Churchill bust are gone, she’s gonna kill me! I’ll get the money—please don’t leave me with nothing.” At press time, the sobbing president was standing barefoot in the empty Oval Office after the Deutsche Bank employees had removed the slippers from his feet.
Read more »
Deutsche Bank reportedly ignored employees' calls to report Trump transactions to a federal watchdogTrump's relationships with Deutsche Bank have drawn scrutiny in Congress and elsewhere. Trump sued the bank last month to prevent it from complying with Congressional subpoenas.
Read more »
Deutsche Bank employees reportedly flagged suspicious transactions involving Trump and KushnerTammy McFadden, a former Deutsche Bank employee, said she reviewed transactions that involved Kushner's company and Russians in the summer of 2016.
Read more »
Deutsche Bank employees reported suspicious activity from Trump and Kushner, New York Times reportsDeutsche Bank's anti-money laundering specialists once recommended that transactions involving entities controlled by President Trump and Jared Kushner be reported to a US agency that investigates financial crimes, the New York Times reports
Read more »
New York City’s Green New Deal Would Clobber Trump Tower and Queens Co-OpsMany of the properties likely to face fines under New York City’s recently enacted Green New Deal are older brick-walled apartment buildings across the city, according to an analysis by The Wall Street Journal.
Read more »
Bill de Blasio launches presidential bid: 'Donald Trump must be stopped''As president, I will take on the wealthy, I will take on the big corporations,' he said. 'I will not rest until this government serves working people.'
Read more »
Trump lashes out after report bank found suspicious transactionsTrump lashed out at The New York Times, disputing the paper’s reporting on his relationship with Deutsche Bank and launching into a broader criticism of the news media
Read more »
Bank staff flagged Trump, Kushner transactions for watchdog: NYTimesStaff at Deutsche Bank flagged transactions tied to entities controlled by Donald Trump and his son-in-law Jared Kushner in 2016 and 2017, according to a New York Times report
Read more »
Trump brands Rep. Justin Amash a 'loser' after GOP congressman said Trump engaged in 'Impeachable' conductOn Saturday, Amash became the first Republican member of Congress to publicly argue that Trump engaged in impeachable conduct while in the Oval Office.
Read more »