Special Counsel Robert Mueller has subpoenaed President Trump’s business dealings with Deutsche Bank AG, according to Bloomberg.
Bloomberg on Tuesday reported that Mueller’s subpoena came as part of his ongoing investigation into Russia’s interference in the 2016 presidential election.
A person briefed on the matter told Bloomberg that Mueller subpoenaed Germany’s largest lender several weeks ago.
Bloomberg’s source said that Mueller’s move forced the bank to submit documents explaining its relationship with Trump and his family.
“Deutsche Bank always cooperates with investigating authorities in all countries,” the lender said in a statement Tuesday, declining to provide additional information.
Rep. Maxine Waters (D-CA) and other Democrats have previously asked whether Deutsche Bank made any loans to Trump before he sought the presidency that were tied in any way to Russia.
Deutsche Bank has for months resisted Democrats’ calls for more transparency about the roughly $300 million Trump owed it for his real estate dealings before becoming president.
The lender last June rejected such demands, arguing that sharing its clients’ data would be illegal without a formal request to do so.
Trump’s relationship with Deutsche Bank stretches back about two decades, well before he entered the White House last January.
A July 2016 analysis by Bloomberg found that the approximately $300 million Trump owed the bank account for about half of his outstanding debt.
That figure includes a $170 million loan Trump took out to finish a hotel in Washington, D.C. and two mortgages against his Trump National Doral Miami resort.
Mueller is probing Russia’s meddling in last year’s White House race, including potential collusion between Moscow and Trump’s election campaign.
Trump told The New York Times last July that he would consider it “a violation” if Mueller examined his family’s finances beyond any relationship they had with Russia.
Mueller’s investigation seemingly entered a new phase last Friday when Michael Flynn, Trump’s former national security adviser, pleaded guilty to lying to FBI agents.
Flynn agreed to fully cooperate with Mueller’s probe as part of his plea agreement, although the charge he faces carries a maximum penalty of five years in prison.
The former national security adviser lied to FBI investigators about his past conversations with then-Russian ambassador Sergey Kislyak last year.