Powell, Trump and Deutsche Bank
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Sen. Ron Wyden (D-Ore.) on Thursday slammed the Trump administration for not making deceased sex offender Jeffrey Epstein’s financial records available to Congress and the public. “Big
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Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the need for Fed independence.
Trump initially appointed Powell to the role of Fed Chairman in 2018. Joe Biden renominated him in 2021.
Deutsche Bank said Tuesday that it possesses tax returns tied to President Donald Trump — the latest development in the effort by House Democrats to obtain the president's financial information.
"I certainly think there are lessons to be learned there that the administration should be aware of," said Morningstar Wealth's Dominic Pappalardo.
Trump purchased the property for $150 million in 2012, borrowing $106 million from Deutsche Bank. He proceeded to dump a reported $213 million of additional money into the resort.
Deutsche Bank responded by suing Mr. Trump, demanding that he immediately repay the portion of the loan, $40 million, that he had personally guaranteed. The litigation lasted into 2010.
Trump and three of his children – Ivanka Trump, Donald Trump Jr. and Eric Trump –have sued Deutsche Bank in an effort to block it from complying with a congressional subpoena for the family's ...
4don MSN
Deutsche Bank has issued a warning about the potential consequences of President Donald Trump replacing Jerome Powell as the head of the U.S. Federal Reserve.
In 2012, Deutsche Bank lent the Trump Organization a total of more than $100 million to finance the 72-hole Doral resort near Miami, home to the famed Blue Monster course.
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