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Maxine Waters Subpoenas President’s Financial Records 

Maxine Waters Subpoenas President’s Financial Records 

House Financial Services Chair Maxine Waters (D-CA) intensified her pursuit of Donald Trump’s personal and business financial records by issuing a subpoena to his longtime lender, Deutsche Bank. She was joined by House Intel Chair Adam Schiff (D-CA). The pair also demanded documents from numerous other financial institutions -- including JPMorgan Chase, Bank of America, and Citigroup -- related to possible money-laundering by people in Russia and Eastern Europe. “The potential use of the U.S. financial system for illicit purposes is a very serious concern,” said Waters. She added that the panel was “exploring these matters, including as they may involve the president and his associates, as thoroughly as possible pursuant to its oversight authority, and will follow the facts wherever they may lead us.” For 20 years, Deutsche Bank had been the only mainstream bank consistently willing to do business with Trump, who has a long history of defaults and bankruptcies. The bank has lent him well over $2 billion, and he had more than $300 million in outstanding loans from Deutsche Bank by the time he took office, making the German bank the president’s biggest creditor. While Deutsche Bank has been cooperative, its lawyers have warned that they will have to notify the White House about their plans to hand over Trump-related materials. Waters last week at a public hearing grilled the CEOs of several banks about their business dealings in Russia. Citigroup CEO Michael Corbat told Waters, notably, that he could not comment “on an ongoing investigation.” More here.

Oprah Ponders Opening U.S. All-Girls Academy

Oprah Ponders Opening U.S. All-Girls Academy

Roy Wood Jr. Highlights Criminal Justice Component with New Comedy Series

Roy Wood Jr. Highlights Criminal Justice Component with New Comedy Series