Regulation

Lawmakers warn of Trump’s potential Deutsche Bank conflicts

House Democrats say President-elect will have ‘ample opportunity to make and influence policy decisions’

Deutsche has been a steadfast financial backer of Trump's business interests
Deutsche has been a steadfast financial backer of Trump's business interests Photo: iStockPhoto

A group of top House Democrats are warning federal investigators that President-elect Donald Trump might give special favours to beleaguered Deutsche Bank, the only big Wall Street bank that lends to him.

The Democrats, led by Maxine Waters of California and Carolyn Maloney of New York, said in a letter this week to the internal watchdogs at federal financial agencies that Trump might seek to influence the German bank's settlement discussions with the Justice Department.

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