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new york investigation
April 24, 2019

A little over a month after New York Attorney General Letitia James issued subpoenas to Deutsche Bank for records tied to funding for several Trump Organization projects, the bank has started to hand over the documents, CNN reports.

The documents are reportedly related to loans made to President Trump and his company, including ones for the Trump International Hotel in Washington, D.C.; the Trump National Doral Miami; the Trump International Hotel and Tower in Chicago; and the unsuccessful effort to buy the NFL's Buffalo Bills. James issued the subpoenas after Trump's former attorney Michael Cohen publicly testified against the president before Congress in February, saying Trump inflated his assets to secure loans from Deutsche Bank.

Despite reported apprehension by many high-ranking officials at the bank, Trump's businesses have reportedly borrowed $300 million from Deutsche Bank to finance the projects listed above.

A spokeswoman for Deutsche Bank declined to comment on the situation, CNN reports. Tim O'Donnell

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