The dispute over the Trump family's financial documents is entering the next round. In March of this year, members of the Democratic Party in the US demanded the release of all financial records of Donald Trump, as well as his children, Eric and Ivanka. US Democrats want to investigate whether other countries have influenced US policy in recent years. According to the American newspaper “New York Times”, an intelligence committee has also requested the president's documents from American banks and other international financial houses, including JP Morgan, Citigroup and Capital One.
Last year, former Trump lawyer Michael Cohen commented on this and said that Donald Trump stated his income and assets last year as too high. At that time, the prosecutor in New York wanted to examine the entire family's documents. Cohen himself was sentenced to three years in prison for tax evasion and making false statements; he will go to prison in May. Trump called him a “liar” and distanced himself from his actions.
The Trump family wants to prevent the release of their personal finances
Now, according to Trump's lawyers, it's about much more than just the family's finances: They suspect that his opponents will use the financial information to harm him politically. The next presidential elections will be held in just under a year, so political intent is the only reason for this. And the US President wants to prevent that by filing lawsuits against several financial institutionsits lendersbelong, submitted.
A few days ago, Deutsche Bank announced that it would provide appropriate information in legitimate investigations. According to reports in US magazines, this involves loans that were granted for the construction of hotels in Chicago, Washington and Miami.
