Deutsche Bank Tells Court It Has Some Trump-Related Tax Returns

The transcript discusses the pursuit of tax returns by lawmakers as part of investigations into President Trump's finances. Subpoenas were issued to Deutsche Bank for records related to Trump and his family. Privacy laws have led to redaction of certain information, making it unclear if Trump's records are included. Trump has legally challenged these subpoenas, arguing they lack legislative purpose, but a court disagreed. The appeals court has ordered Deutsche Bank to confirm if it holds any relevant tax returns.

What was the primary purpose of the subpoenas issued to Deutsche Bank by the House committees?

• To assess the financial stability of the Trump Organization

• To obtain tax records related to President Trump and his family

• To investigate Deutsche Bank's financial practices

• To audit Deutsche Bank's compliance with privacy laws

What was unclear about the tax records Deutsche Bank possessed?

• If they were legally obtained

• Whether they were relevant to the investigation

• Whether they were complete

• If any belonged to President Trump

Why did President Trump sue Deutsche Bank?

• To prevent the bank from releasing his financial records

• To demand a higher interest rate on loans

• To acquire more loans for his businesses

• To challenge the bank's privacy policies

What was the District Court's decision regarding the subpoenas?

• The subpoenas were deemed invalid

• The subpoenas lacked a legitimate purpose

• The subpoenas were upheld as valid

• The subpoenas were postponed

What did the appeals court require Deutsche Bank to do?

• Disclose tax records publicly

• Submit oral arguments again

• Destroy all related tax records

• Provide a sealed written response about the tax records