Warren Joins Senators Seeking Deutsche Bank Details on Trump

  • President’s business seeks payment relief from German lender
  • Lawmakers’ letter to bank draws a rebuke from president’s sons

President Donald Trump in the Oval Office of the White House in Washington on March 27, 2020

Photographer: Erin Schaff/The New York Times
Lock
This article is for subscribers only.

U.S. senators including Elizabeth Warren, the onetime presidential candidate, are pushing for details from Deutsche Bank AG about contacts with the family business of President Donald Trump, which has asked the German lender for leniency on some of its loans.

Contact between the lender and the Trump Organization raises “troubling new concerns about the extent to which Deutsche Bank holds financial leverage over the president,” and whether administration officials would offer “regulatory favors” as enticement, the four senators wrote in a letter released by Warren’s office. The president’s sons Eric Trump and Donald Trump Jr., criticized the lawmakers for sending the letter during a worldwide pandemic.