Saturday, May 21, 2022

Maxine Waters to Take Aim at Trump’s Deutsche Bank Ties as New Head of House Financial Services Committee

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*If Democrat Maxine Waters becomes the next chair of the House Financial Services Committee, she has vowed to examine Donald Trump’s “money trail,” beginning with ties to Deutsche Bank AG.

In a memo obtained by Bloomberg, Waters also noted her intent to look at any so-called suspicious activity reports filed with the Financial Crimes Enforcement Network.

“With Trump in the White House, I know that our fight for America’s consumers and investors will continue to be challenging,” Waters wrote. “But I am more than up to that fight.”

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maxine waters & donald trump

She reached out to colleagues as she seeks support for her bid to lead the committee, and took aim another big bank in her memo, Wells Fargo & Co.

“We’re not just focusing our attention on Wells Fargo because we’re focusing our attention on big banks,” she said. “We’re focusing our attention on Wells Fargo because Wells Fargo has emerged with the kind of problems that lead everyone to wonder what is going on over there.”

Earlier this week, Waters told Bloomberg Television that Deutsche Bank’s lending to Trump will likely be heavily scrutinized by Democrats once they take control of the House in January, gaining power to launch investigations.

Ny MaGee
Ny MaGee is an entertainment reporter with over 15 years of experience working in the film industry in areas including production and post-production, marketing, distribution, and acquisitions. She has worked for legendary film producer Roger Corman, Quentin Tarantino's production team at Miramax, the late Larry Flynt, MTV/ VH1, Hallmark Channel, Paramount, Jim Henson Co., Parade Magazine, and various LA-based companies representing above-the-line talent.

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