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International Business Times: Trump Administration Waives Punishment For Convicted Banks, Including Deutsche — Which Trump Owes Millions

International Business Times, January 9, 2018: Trump Administration Waives Punishment For Convicted Banks, Including Deutsche — Which Trump Owes Millions

The Trump administration has waived part of the punishment for five megabanks whose affiliates were convicted and fined for manipulating global interest rates. One of the Trump administration waivers was granted to Deutsche Bank — which is owed at least $130 million by President Donald Trump and his business empire and has also been fined for its role in a Russian money laundering scheme.

All of these interactions with the Trump administration and the federal government are transpiring as Deutsche serves as a key creditor for the president’s businesses.

 

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