Democrats Subpoena Nine Banks in Probe of Trump Finances
- House lawmakers seek documents from U.S. and foreign firms
- McHenry criticizes Democrats for bypassing GOP lawmakers
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House Democrats’ investigations into President Donald Trump’s finances and potential money laundering tied to Russia have prompted them to demand documents from nine banking giants, according to people familiar with the matter.
The House Financial Services Committee, led by Representative Maxine Waters, has issued subpoenas to U.S. lenders JPMorgan Chase & Co., Citigroup Inc., Morgan Stanley, Bank of America Corp., Wells Fargo & Co., and Capital One Financial Corp., said the people. Foreign banks that received information requests included Deutsche Bank AG, Royal Bank of Canada and Toronto Dominion Bank, according to the people, who asked not to be named because the subpoenas aren’t public.