Politics

Robert Mueller Subpoenas Trump’s Financial Records. Here’s What We Know

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Robert Mueller’s Special Counsel investigation into the chaos of the 2016 Presidential election has taken yet another unexpected turn. Mueller’s team has subpoenaed bank records from a German bank. Their target appears to be the President and his family and their dealings with real estate developments.

The German newspaper Handelsblatt reported Tuesday that Deutsche Bank received a subpoena several weeks ago. Deutsche Bank has provided funding for multiple Trump properties.

“The bank,” the New York Post writes, “which Trump reportedly owed $300 million for his real estate business dealings, had previously rejected calls for more information about how it worked with the entrepreneur-turned-executive.”

The subpoena makes those requests formal, and the bank’s cooperation is expected.

Mueller’s investigation continues to circle around the Trump campaign team. Last week, former National Security Adviser Michael Flynn pleaded guilty to lying to the FBI and is believed to be cooperating with the investigation.

The President has been protective of his financial records. His refusal to release his tax records marked a tight-lipped attitude that continues to be the status quo. Now he’s suggesting that Mueller’s team has no right to investigate his family’s finances.

The Post notes that there are implied ties between Trump’s real estate dealings and his political aspirations. A Trump associate, Felix Sater, wrote an email to Trump Organization lawyer Michael Cohen. In it, Sater advised the pursuit of  a real estate deal in Moscow. Trump, Sater wrote, “will get Putin on this program and we will get Donald elected.”

Sater is involved in another questionable real estate deal involving multiple Kazakh billionaires who allegedly purchased Trump properties in New York as part of a $6 billion money laundering scheme.

The news of the subpoena is just breaking, though the filings are now a couple of weeks old, at least. It is not clear if the bank has already complied and what, if anything, Mueller’s team may have picked up.