Deutsche Bank Staff Saw Suspicious Activity in Trump and Kushner AccountsAnti-money-laundering specialists proposed filing “suspicious activity reports” about transactions connected to President Trump and Jared Kushner. Bank managers said no. ….. Read More.THE NEW YORK TIMES – Business | Business & CommerceMon, May 20, 201918 hours ago
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Trump Doubles Down on Ineffective Tariffs, Further Harming U.S. Farmers and ConsumersLast week, President Donald Trump announced he would impose new tariffs on hundreds of billions of dollars of goods produced in China. Many of those tariffed goods—just like the U.S. goods China has imposed retaliatory tariffs on—are farm products. Consequently, this latest round of tariffs is expected to add to the already higher prices Americans are paying for a variety of foods. U.S. agricultural exports to China totaled $20 billion in 2017. Those exports come in about as broad a range as you could imagine. China’s retaliatory tariffs have hit U.S. farmers hard. “Soybean farmers, pork producers and a growing number of other agricultural interests across a range of states—including cherry producers, corn growers, and lobstermen—have complained that they are collateral damage caught in the middle of the escalating trade battle,” the Washington Post reported this week. The CEO…
Trump directs McGahn to defy Congressional subpoenaThe White House is citing a Justice Department opinion that President Trump’s former White House Counsel has “constitutional immunity” from testifying as one of the President’s former advisers. ….. Read More.NBC NEWS – Top Stories | U.S. National NewsMon, May 20, 20195 hours ago
Dozens of shoe retailers, including Nike and Adidas, sign letter to Trump urging a halt to…More than 170 shoe retailers have penned a letter to the White House asking President Donald Trump to consider a halt to tariff increases on footwear imported from China. ….. Read More.CNBC – Business | Business & CommerceMon, May 20, 201912 hours ago
Trump to tell ex-White House counsel McGahn not to appear before Congress: New York TimesU.S. President Donald Trump is expected to instruct former White House counsel Don McGahn to defy a congressional subpoena to testify before a U.S. House panel investigating whether Trump illegally obstructed the Russia probe, the New York Times reported on Monday. ….. Read More.REUTERS – Politics | Politics & GovernmentMon, May 20, 20199 hours ago
Trump Denies Report That Deutsche Bank Ignored Suspicious Transactions: “I Don’t Need …The morning after the New York Times reported that Deutsche Bank repeatedly dismissed concerns of suspicious activity, including potential money-laundering attempts by President Donald Trump and his son-in-law Jared Kushner in 2016 and 2017, Trump did his best to reject the latest investigation into his longstanding, fraught ties with the German bank. “The Failing New York Times (it will pass away when I leave office in 6 years), and others of the Fake News Media, keep writing phony stories about how I didn’t use many banks because they didn’t want to do business with me. Wrong!” Trump began on Twitter. He went on to falsely claim that he had never sought loans from other banks, despite his personal financial disclosures showing he did exactly that, while continuing to amass more debt than any other president in US history….