MSNBC reports unconfirmed bombshell ‘leaked’ from Deutsche Bank’s copy of Trump tax returns

(Official White House Photo by Tia Dufour)

President Trump’s bank revealed that it is in possession of documents that could include his sought after tax returns.

With House Democrats hoping to get their hands on Trump’s tax documents ahead of the 2020 presidential election, Deutsche Bank could be handing them the fodder they are after with its acknowledgment Tuesday that it “has in its possession tax returns.”

(Video: MSNBC via Twitter)

The disclosure from Trump’s largest lender came in a federal appeals court in New York Tuesday in response to House subpoenas for financial records related to the president, his immediate family and Trump family-controlled entities, such as the Trump Organization.

But while Deutsche Bank revealed it had tax records that Congress is seeking in its public redacted response, it did not specify if any of those documents are actually tax returns filed by Trump himself.

“Based on Deutsche Bank’s current knowledge and the results of the extensive searches that have already been conducted, the Bank has in its possession tax returns (in either draft or as-filed form) responsive to the Subpoenas,” the bank told the New York-based U.S. Court of Appeals for the 2nd Circuit on Tuesday.

The latest news prompted MSNBC host Lawrence O’Donnell to cite a “single source” who told him that a loan provided to Trump by the Deutsche Bank was co-signed by Russian oligarchs.

“This single source close to Deutsche Bank has told me that the Trump — Donald Trump’s loan documents there show that he has co-signers. That’s how he was able to obtain those loans. And that the co-signers are Russian oligarchs,” he told colleague Rachel Maddow in Tuesday’s hand-off between their shows.

(Video: MSNBC)

“What? Really?” an incredulous Maddow exclaimed.

“If true,” O’Donnell said, “that would explain every kind word Donald Trump has ever said about Russia and Vladimir Putin. If true. If true, that would be a significant factor in Vladimir Putin’s publicly stated preference for presidential candidate Donald Trump over presidential candidate Hillary Clinton.”

Lawyers for Deutsche Bank indicated Tuesday that the German bank, which has loaned Trump substantial amounts of money throughout his real estate career, has tax returns “related to parties not named in the Subpoenas but who may constitute ‘immediate family’ within the definition provided in the Subpoenas.”

Subpoenas were issued to Deutsche Bank and Capital One earlier this year by the House Intelligence and Financial Services committees prompting a lawsuit by the president, Trump family members and businesses to block the banks from providing the information to the Democrats.

Trump appealed a decision by a lower court to allow the banks to provide the financial records to House Democrats who seek to use them as part of the Judiciary Committee’s impeachment investigation. Committee leaders, Reps. Maxine Waters of California and Adam B. Schiff of New York, are hoping to get whatever information they can find in their relentless pursuit of connecting Trump to some kind of foreign influence or unethical activity.

Nadler asked four other House committees last week to share documents with his panel in order to help in its impeachment hunt.

(File photo: screenshot)

But in court proceedings last week, the banks cited “contractual obligations” which prevented them disclosing the information as lawyers for both Deutsche Bank and Capital One would not answer the three-judge panel’s questions about whether they possessed Trump’s tax returns.

In a separate letter Tuesday, Capital One said it did not have in its possession any of the documents requested in the subpoenas while Deutsche Bank redacted some names in its response.

“The Bank seeks to redact the names of specific individuals to strike an appropriate balance between compliance with the Court’s order (to which it has responded in full) and the competing client privacy considerations,” the letter stated.

The president’s attorneys called out the political maneuvers by Democrats who are overstepping their Congressional authority in an effort to embarrass him. Trump’s attorney Patrick Strawbridge slammed the case which comprises the “broadest possible subpoena ever served that targets a sitting president,” at the appeals court in New York last Friday, according to The Washington Post.

“The real objective appears to be law enforcement” not legislative, he told the court.

The left’s predictable launch into multiple conspiracy theories, with the latest on the bank revelations, was seen in O’Donnell’s tease to Maddow and on social media.

And while breathlessly reporting that Deutsche Bank is “sitting on a vast trove” of Trump documents, liberals still admitted it was “unclear how useful” the tax returns would prove to be to Democrats.

The president is battling Democrats in several court fights involving his tax returns as they continue to spend taxpayer money to chase after their goal of taking down a sitting U.S. president.

DONATE TO BIZPAC REVIEW

Please help us! If you are fed up with letting radical big tech execs, phony fact-checkers, tyrannical liberals and a lying mainstream media have unprecedented power over your news please consider making a donation to BPR to help us fight them. Now is the time. Truth has never been more critical!

Success! Thank you for donating. Please share BPR content to help combat the lies.
Frieda Powers

Comment

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please click the ∨ icon below and to the right of that comment. Thank you for partnering with us to maintain fruitful conversation.

BPR INSIDER COMMENTS

Scroll down for non-member comments or join our insider conversations by becoming a member. We'd love to have you!

Latest Articles