Democrats on the House Financial Services Committee on Wednesday asked Deutsche Bank for information on whether the accounts of President Donald Trump and his family had any ties to Russia. "Deutsche Bank's pattern of involvement in money laundering schemes with primarily Russian participation, its unconventional relationship with the President, and its repeated violations of U.S. banking laws over the past several years, all raise serious questions about whether the Bank's reported reviews of the mirror trading scheme and Trump's financial ties to Russia were sufficiently robust," the lawmakers wrote in the letter to Deutsche Bank CEO John Cryan. Democrats say that the chairman of the committee, Rep. Jeb Hensarling, has not responded to their request to use the full investigative powers to examine Deutsche Bank's Russian money-laundering operation.
Continue Reading Below
Copyright © 2017 MarketWatch, Inc.