GOP Leaders Push Back on Digging Through Trump’s Finances

GOP Leaders Push Back on Digging Through Trump’s Finances

President Donald Trump’s finances won’t be rifled through by congressional committees investigating ties between Russia and members of Trump’s campaign during the 2016 presidential election, six Republican leaders of key committees told CNN.

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Democrats on the House Intelligence Committee have requested subpoenas to Deutsche Bank, a major lender to Trump and son-in-law Jared Kushner, and Democrat Rep. Maxine Waters of California has called on House Financial Services Committee chairman Rep. Jeb Hensarling of Texas, a Republican, to help pressure the Treasury Department to produce documents from its Financial Crimes Enforcement Network over Trump’s past financial dealings. Waters has also pushed for Hensarling to issue subpoenas to Deutsche Bank.

But Republicans have pushed back.

“I don’t see the link at this stage,” Rep. Mike Conaway, the Texas Republican leading the House Russia probe, said of Deutsche Bank. “Deutsche Bank is a German bank — I don’t see the nexus.”

Hensarling said the work would be “redundant.”

South Carolina Rep. Trey Gowdy, a top Republican on the House Intelligence Committee who hasn’t issued a subpoena since taking over as chairman last June, told CNN he thought special counsel Robert Mueller was looking into Trump’s finances.

In the Senate Intelligence Committee, Democrat Sen. Ron Wyden of Oregon has requested Treasury documents relating to a real estate deal in 2008 between Trump and a Russian billionaire. Sen. Orrin Hatch, a Utah Republican and chairman of the Senate Finance Committee, declined to assist Wyden and also rejected Wyden’s request to view Trump’s tax returns.

Sen. Richard Burr, chairman of the Senate Intelligence Committee, told CNN the investigation “has explored all the areas we thought were pertinent.”

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Feb 27, 2018 - -

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