A federal law enforcement reporter pointed out one of the under-reported threads in the bombshell New York Times report about Donald Trump seeking out a loan from Deutsche Bank in 2016 — for which he was rejected.
Daily Beast reporter Betsy Woodruff explained Monday that “it takes a lot for Deutsche Bank not to do business with somebody.”
“This is a bank that’s been fined hundreds of millions of dollars for not doing more to stop Russians from laundering massive sums of money through its bank,” Woodruff noted.
But one of the underlying threads beneath the numerous stories about Trump and Deutsche Bank, the reporter noted, is that the German institution sold financial products to the Mercers, a “multi-billionaire conservative mega-donor family that played a key role in getting Trump elected.”
“A Senate committee confirmed or assessed that the Mercers used this money to dodge paying more than $6 billion in taxes,” Woodruff added. “That’s larger than the GDP of some countries. They used these products in part to do that.”
The MSNBC political contributor pointed out that the Mercers have, since fall 2017, “been in negotiations with the IRS about how to potentially settle that tax debt.”
“Those negotiations are done entirely in secret,” Woodruff said. “Obviously, tax issues are supposed to be confidential — but this is something where Trump’s political appointees in the IRS have access to very sensitive talks about billions of dollars on the table for some of his most powerful donors and Deutsche Bank is right at the center.”
Host Nicolle Wallace asked the reporter if special counsel Robert Mueller has access to the same IRS information and Woodruff said that although she has not gotten confirmation that he does, “he would be able to through traditional law enforcement means” to obtain it.
WATCH: Saturday Night Live airs Christmas special — that’s just one giant dig at the Electoral College
NBC's "Saturday Night Live" aired an opening skit that was just one giant attack on the electoral college.
A snowman introduced the segment, saying that we could look in on the holiday table conversation thanks to hacked Nest cams.
The skit featured a house in San Francisco, California, a second in Charleston, South Carolina and a third in Atlanta, Georgia.
Each dinner table debated impeachment, and the differences between President Donald Trump and his predecessor, President Barack Obama.
But then the snowman said that none of their votes matter.
"They'll debate the issues all year long, but then it all comes down to 1,000 people in Wisconsin who won't even think about the election until the morning of," the snowman said. "And that's the magic of the Electoral College."
Georgia mayor being recalled for racism resigns from office: report
Hoschton Mayor Theresa Kenerly resigned in a special city council meeting held on Saturday, the Atlanta Journal Constitution reported Saturday.
"The resignation came just days after Councilman Jim Cleveland resigned saying he‘d rather leave office on his own terms than face voters in a recall election next month," the newspaper reported. "Both resignations follow an AJC investigation launched seven months ago into claims that an African American candidate for city administrator was sidetracked by Mayor Theresa Kenerly because of his race."
Nine 2020 Democrats unite to demand DNC Chair Tom Perez scrap debate rules: report
The Democratic National Committee is facing a revolt for the party's 2020 presidential candidates for its restrictive debate rules.
"Nine Democratic presidential candidates, including the party's front-runners, are urging the Democratic National Committee to toss out the current polling and fundraising rules used to determine who appears in televised debates and reopen the exchanges to better reflect the historic diversity of the current field. The candidates say the rules exclude diverse candidates in the field from participating," CBS News reported Saturday evening.