House Financial Services Committee Chairwoman Maxine Waters, D-Calif., listens during a hearing with the leaders of the big banks, Wednesday, 10. In April 2019, on Capitol Hill in Washington.
(AP Photo/Patrick Semansky)
House Democrats invited nine major banks this week in connection with an investigation into President Trump financial ties, according to a report.
House Intelligence Committee Chairman Adam Schiff, D-Calif., on Monday said that the subpoenas were related to possible “foreign influence in the American political process,” including the question of whether the Russians have laundered money through the Trump organization.
HOUSE JUDICIARY DEMOCRATS AUTHORIZE SUBPOENA FOR MUELLER-REPORT
The banks are JPMorgan Chase &co., Citigroup Inc., Morgan Stanley, Wells Fargo & co., Bank of America, Capital One Financial Group, Deutsche Bank, Royal Bank of Canada and Toronto-Dominion Bank, The Wall Street Journal reported.
The House Financial Services Committee and the House Intelligence Committee, have already been in a “productive dialogue” with the German Bank that lent the President and his companies more than $ 2 billion over the years
CLICK HERE TO DOWNLOAD THE FOX NEWS APP
The number and certain banks pre-charged, it was previously reported already. In a statement Monday, Eric Trump, the summons referred to an unprecedented “abuse of power.”