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Deutsche Bank queried by House panels on Trump ties

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Deutsche Bank has received an inquiry from two important committees of the U.S. House of Representatives on the lender’s ties to U.S. President Donald Trump, it said on Thursday.

“The bank has received an inquiry from the House financial services and intelligence committees,” Deutsche Bank said in a statement.

Democrats now in control of the House of Representatives have been working out which House panels would take the lead in investigating Trump’s business ties to Germany’s largest lender, lawmakers and aides familiar with the plans told Reuters last week.

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A White House representative was not available outside business hours.

Deutsche Bank’s statement on Thursday was in reaction to a report from Politico, which said that the chairs of the two committees were planning a joint investigation into Deutsche and its dealings with Trump.

“Deutsche Bank is engaged in a productive dialogue with those committees to determine the best and most appropriate way of assisting them in their official oversight functions,” it said.

Reporting by Tom Sims and Andreas Framke; Editing by David Goodman


Report typos and corrections to: [email protected].
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‘Exonerated Five’ member warns of a ‘dangerous time’ after latest Central Park incident

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On CNN Tuesday, Yusef Salaam, one of the members of the Exonerated Five, warned about the implications of recent racist incidents to the state of civil rights in America.

"I want to ask you, in the course of the last couple of days we've covered this story, we've covered the story of a man who died after police put him in a hold with a knee to the neck. Yesterday I spoke with an African-American journalist who covered the Kentucky governor being hung in effigy, with people doing it who didn't seem to understand why that was problematic," said anchor Brianna Keilar. "And I just wonder what that says to you, after all of these decades, about where the country is."

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SpaceX readies for blast-off with NASA astronauts aboard

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Gray skies loomed over Florida's Atlantic coast Tuesday, just one day before two astronauts were set to blast off aboard a SpaceX capsule on the most dangerous and prestigious mission NASA has ever entrusted to a private company.

There was a 60 percent chance for favorable weather for Wednesday's flight, according to Tuesday's latest Cape Canaveral forecast.

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Both the capsule and the rocket were manufactured by SpaceX, the start-up founded in 2002 by the then-thirty-something Elon Musk, a brilliant and brash Mars-obsessive who made his fortune with PayPal and also created the famous Tesla electric cars.

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DOJ closes insider trading investigations against three senators — but is still investigating Richard Burr: report

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On Tuesday, The Wall Street Journal reported that Justice Department officials are closing insider trading investigations into three senators — Sens. Dianne Feinstein (D-CA), Kelly Loeffler (R-GA), and Jim Inhofe (R-OK).

However, a fourth probe, into insider trading allegations against Sen. Richard Burr (R-NC), is reportedly ongoing.

"The Federal Bureau of Investigation began the investigations two months ago, as reports emerged that several members of Congress, their spouses or their investment advisers sold hundreds of thousands of dollars in stock after lawmakers attended closed-door briefings about the threat posed by the new coronavirus," reported Aruna Viswanatha. "Some of those trades spared lawmakers as much as hundreds of thousands of dollars in losses as stocks sank by mid-March."

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