Mueller Crosses Trump’s Red Line Issuing Subpoena For Trump’s Bank Records

Donald Trump has warned Robert Mueller not to look into his personal finances, calling this a red line, which probably only served to point out that this (as opposed to collusion with Russia during the 2016 election) is what Trump is really concerned about hiding. Now Mueller has crossed the red line having subpoenaed Trump’s records from Deutsche Bank.

Trump has had dealings with Deutsche Bank since the 1990s, long before he entered politics. Trump’s financial records could provide evidence regarding multiple facets of this case including money laundering by the Trump family, obstruction of justice, possible tax evasion, and whether Russia had leverage over Trump, as well as the more questionable aspect regarding whether Trump and Russia colluded to change the 2016 election result

The Week adds:

Trump has warned that he considers any probe by Mueller into his family’s finances to be “a violation” unless it is directly related to Russia. Due to recent charges against Paul Manafort and Michael Flynn, some Senate Democrats have said Mueller’s moves appear to be building a potential obstruction of justice case against Trump himself, Bloomberg Politics writes.

The Wall Street Journal reports:

Deutsche Bankreceived a subpoena earlier in the fall from U.S. special counsel Robert Mueller’s office related to the lender’s business with President Donald Trump, according to a person briefed on the matter.

The subpoena requested documents and data about accounts and other dealings tied to client relationships with Mr. Trump and people close to him, the person said. The bank has lent more than $300 million to entities affiliated with Mr. Trump, according to public disclosures…

Deutsche Bank faces ongoing questions about a series of Russian trades that have been scrutinized in multiple investigations in the U.S. and Europe, including in a still-pending U.S. Justice Department probe. The Democratic U.S. lawmakers wanted the bank to detail any ties between those trades or other Russian financing and anyone connected to Mr. Trump, his family or advisers.

Reuters has more on their connection:

Deutsche Bank has lent the Trump Organization hundreds of millions of dollars for real estate ventures and is one of the few major lenders that has given large amounts of credit to Trump in the past decade. A string of bankruptcies at his hotel and casino businesses during the 1990s made most of Wall Street wary of extending him credit.

And from The Guardian:

Adam Schiff, the top Democrat on the House intelligence committee, which is investigating the Trump campaign, said Mueller’s reported subpoena of Deutsche Bank “would be a very significant development”.

“If Russia laundered money through the Trump Organization, it would be far more compromising than any salacious video and could be used as leverage against Donald Trump and his associates and family,” Schiff said in a statement. He was referring to a private investigator’s unsubstantiated allegation that the Kremlin had video proof of the president’s involvement in a salacious sex act.

Schiff also noted that the president’s son, Donald Trump Jr, has stated in the past that the Trump Organization received substantial funding from Russia and that there have been “credible allegations” that Russians have used the company to buy Trump properties for the purpose of money laundering.

Legal experts who are following the investigation said it showed Mueller was “following the money” in his search for possible links between the presidential campaign and the Kremlin.

It also indicated that any investigation into Trump personally may not be limited to the question of whether or not the president sought to obstruct justice when he fired the former FBI chief James Comey.

Finding that Mueller has (as expected) ignored Trump’s warning not to look into his personal finances raises the question of whether Trump would fire Mueller, which would be even more analogous to Richard Nixon’s Saturday Night Massacre than Trump’s earlier firing of James Comey was. While the firing of Mueller might momentarily hinder the investigation against him, it might also increase the chances of eventual impeachment of Trump for obstruction of justice, also reminiscent of the fate of Richard Nixon.

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