President Donald Trump is insisting he didn’t borrow from many banks because he “didn’t need the money,” not because they wouldn’t do business with him.

Trump’s 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 Trump’s finances. Trump, his family and the Trump Organization have filed a lawsuit to try to stop them from complying.

…..was very good and highly professional to deal with – and if for any reason I didn’t like them, I would have gone elsewhere….there was always plenty of money around and banks to choose from. They would be very happy to take my money. Fake News!

— Donald J. Trump (@realDonaldTrump) May 20, 2019

….fashioned, but true. When you don’t need or want money, you don’t need or want banks. Banks have always been available to me, they want to make money. Fake Media only says this to disparage, and always uses unnamed sources (because their sources don’t even exist)……

— Donald J. Trump (@realDonaldTrump) May 20, 2019

(AP)