Trump Says He Didn’t Need To Borrow From Banks

President Donald Trump is insisting he didnt borrow from many banks because he didnt need the money, not because they wouldnt do business with him.

Trumps tweets Monday appear to be in response to New York Times reporting that Deutsche Bank anti-money laundering specialists recommended that multiple transactions associated with Trump and his son-in-law, Jared Kushner, be flagged to federal authorities.

Bank executives rejected that advice.

The Times and others have reported the bank was the only mainstream financial institution consistently willing to do business with Trump due to his repeated defaults.

Two House committees have subpoenaed Deutsche Bank and several other financial institutions as part of their investigations into Trumps finances. Trump, his family and the Trump Organization have filed a lawsuit to try to stop them from complying.

(AP)

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