House Dems Plan To Follow ‘Trump Money Trail,’ Probe Deutsche Bank

on January 17, 2019 in Washington, DC.
Rep. Adam Schiff (D-CA) speaks to members of the media on January 17, 2019. (Photo by Alex Wong/Getty Images)

California Democrats Reps. Maxine Waters and Adam Schiff, chairs of the House Financial Services Committee and House Intelligence Committee, respectively, plan to launch a joint investigation between the House Intelligence and Financial Services Committees into the German Deutsche Bank, which has had substantial dealings with President Trump, Politico reported. 

The bank also has been scrutinized for potential money laundering violations.

Waters has previously vowed to follow the “Trump money trail” and Schiff told Politico that he believes the two committees — now armed with subpoena power — will be “more effective” working together.

Read the full report here.