Quantcast
Connect with us

Federal prosecutors subpoena Deutsche Bank for Kushner family business records: report

Published

on

Federal prosecutors in New York have subpoenaed Deutsche Bank for records pertaining to the family business of President Donald Trump’s son-in-law and adviser Jared Kushner.

As The New York Times reported Friday, the exact subject of the subpoena remains vague, and there is no indication that it’s related to special counsel Robert Mueller’s investigation into Russian meddling.

ADVERTISEMENT

Though Kushner sold the majority of his stake as Kushner Companies’ CEO in January when Trump took office, he still retains some ownership over the family business. As the Times noted, the vast Kushner “family businesses include many legal entities.”

The subpoenas came from the U.S. attorney’s office in the Eastern District of New York, where three members of Mueller’s team have worked, including one as recently as this year, the report continued.

Though the Brooklyn United States attorney has been investigating Kushner’s use of an alleged visa scam, the report noted that Deutsche Bank “does not appear to have been involved,” suggesting the subject of the latest subpoena “may be unrelated.”

Kushner and his mother “have a line of credit from Deutsche Bank worth $5 million to $25 million,” the Times noted, and the bank also gave the company a $285 million mortgage to “help it refinance a loan to purchase several floors of retail space in the former New York Times” building in Manhattan.

Earlier this month, special counsel Mueller subpoenaed Deutsche Bank for records pertaining to Trump’s accounts.

ADVERTISEMENT


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

Chris Hayes breaks down the ‘busy day in the criminal chronicles of one President Donald J. Trump’

Published

on

MSNBC anchor Chris Hayes connected the dots between all of the bombshell news that was reported Friday in the impeachment hearings into President Donald Trump.

"Good God, today has been ten days and this week has been ten weeks," Hayes said. "And there are a million things happening at once."

"Just in the past couple of hours, for instance, we just got this incredibly incriminating and damning behind closed doors testimony from a U.S. foreign service officer that was still supposed to be kind of like the B-story today, the sideshow," he explained. "It's a guy who works in the U.S. embassy in Ukraine, a guy named David Holmes. He testified behind closed doors that he could hear president Trump talking on the phone to the U.S. Ambassador to the European Union who was an inaugural donor, and they were in a restaurant in Kiev and the president was shouting so loudly on the phone that [Gordon] Sondland had to hold the phone away from his ear because it was hurting his eardrum, so then everyone could hear."

Continue Reading

Breaking Banner

Trump ignored aides’ advice before first Ukraine call — and it destroyed his impeachment defense: report

Published

on

President Donald Trump has repeatedly referred to himself as his own top advisor and a political "genius." But his interactions with Ukraine at the heart of the impeachment inquiry could demonstrate the limitations of such an approach to governing.

Friday's bombshell, behind-closed-door testimony from David Holmes has made White House aides unhappy, but the bad news for the administration did not stop there.

Continue Reading
 

Breaking Banner

‘Aides to the president are not happy’ Gordon Sondland held the phone up in restaurant: CNN’s Jim Acosta

Published

on

CNN White House correspondent Jim Acosta reported on Friday that White House aides are unhappy with Ambassador Gordon Sondland for holding up a call with Trump in a restaurant for multiple witnesses to listen.

The details were revealed in bombshell closed-door testimony before Congress on Friday.

Acosta noted the administration was trying to downplay the significance of the call.

"But I will tell you, that the aides of the president are not happy that Gordon Sondland apparently held the phone up so other aides could hear what was going on and the words of the source familiar with the conversations inside the White House, the president speaks loudly, Sondland should know that," Acosta reported.

Continue Reading
 
 
Help Raw Story Uncover Injustice. Join Raw Story Investigates for $1 and go ad-free.
close-image