Published: Wed, December 06, 2017
Worldwide | By Isabel Fisher

Mueller's Team Spent $3.2M On Russia Probe From May Through September

Mueller's Team Spent $3.2M On Russia Probe From May Through September

Trump's lawyer denied a subpoena had been issued.

According to personal financial disclosures made during the campaign, Trump owed at least $713 million on 16 different loans.

The White House has denied that President Donald Trump's financial records had been subpoenaed from Deutsche Bank by the special prosecutor examining allegations of Russian election meddling.

It was reported earlier that as part of his probe into possible collusion between Russian Federation and the Trump campaign, Mr Mueller asked Deutsche Bank to share data on accounts held by Mr Trump and his family. Michael Offit, a former head of Deutsche Bank's commercial real estate desk who initiated the bank's relationship with Trump in the 1990s, raises one possibility: Mueller could be interested in who provided the money Deutsche Bank used for the Trump loans.

Mueller's investigation - which is looking into alleged Russian interference into last year's USA election and whether Trump's winning campaign assisted in those efforts - appears to be entering a new phase.

Russian Federation has denied USA intelligence agencies' conclusion that it meddled in the election and Trump has said there was no collusion with Moscow.

Special prosecutor Robert Mueller zeroed in on President Donald Trump's business dealings with Deutsche Bank AG as his investigation into alleged Russian meddling in USA elections widens. 'No subpoena has been issued or received.

Trump has more debt with Deutsche Bank than any other lender.

Mueller's office did not immediately respond to a request for comment.

In a statement, the bank said it cooperates with official investigators but would not discuss individual cases.

Deutsche Bank has previously rejected similar demands, citing privacy laws.

The bank would not comment on his claim, or the report that it had received the subpoena.

Two flags, one subpoena. "Deutsche Bank did not contact us regarding people connected with the Trump administration". Still, as names of Trump family members start turning up in bombshell reports-and as conservative media outlets begin using their platforms to tacitly (or openly) argue that Mueller's ouster would be justified-the temptation may prove too overwhelming for the president.

TRUMP: I can't, I can't answer that question because I don't think it's going to happen.

The subpoena was earlier reported by German daily Handelsblatt.

News of the Deutsche Bank subpoena may escalate Trump's vitriol toward investigators, which over the past week has included publicly attacking the Justice Department and the Federal Bureau of Investigation, whose reputation he declared to be " in tatters".

A Justice Department report released Tuesday shows Special Counsel Robert Mueller's investigation spending $3.2 million between its formation in mid-May and the end September.

In a July 9 interview with the New York Times, Trump said Mueller should not extend his investigation into Trump's finances if they were not directly related to the Russian Federation accusations.

- There's the question of whether the Trump campaign colluded with Russian Federation, for which we already have ample evidence. Dianne Feinstein of California, the top Democrat on the Judiciary Committee which is conducting its own investigation, said in a statement.

Donald Trump and his family have long-standing ties to Germany's largest bank.

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