Democrats ready to cross Trump's financial 'red lines'
President Trump has been insisting for so long that any investigation of his personal finances would cross a “red line” that people may have overlooked the outrageousness of his claim. But this self-declared immunity is about to change.
We’re entering a new phase of the Trump-Russia investigation, where the president’s efforts to contain the probe are failing. Information he tried to suppress about his business and political dealings is emerging, with more to come.
“There are no red lines except what’s necessary to protect the country,” Rep. Adam Schiff, D-California, said in an interview Monday.
Schiff, the chairman of the House Intelligence Committee, told me he plans to request information, perhaps by subpoena, from Deutsche Bank, a major Trump lender, and that “our work on Trump’s finances has already begun.”
A Deutsche Bank subpoena would be especially sensitive. Trump was enraged by a December 2017 report that special counsel Robert Mueller had subpoenaed the bank’s records about its dealings with Trump, telling his then-lawyer John Dowd, “This is bull****!” according to Bob Woodward’s book “Fear.”
The red line apparently held, then. Trump lawyer Jay Sekulow told Reuters: “No [Deutsche Bank] subpoena has been issued or received.” One government source speculates that Rod Rosenstein, then deputy attorney general, blocked any attempt to compel disclosure of the bank’s Trump file records to avoid getting himself or Mueller fired.
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