May 23, 2019

ICYMI: Brown Presses Treasury To Investigate Deutsche Bank


In case you missed it, MSNBC’s Rachel Maddow discussed with Senate Banking Committee ranking member Sherrod Brown his demands for more information from Deutsche Bank following the New York Times story exposing that the bank’s anti-money laundering specialists had repeatedly recommended the filing of suspicious activity reports (SARs) on transactions by Trump entities, including the Trump Foundation, and by Kushner companies -- including transactions with overseas actors.
·         Watch the interview HERE.
At a hearing yesterday, Brown called on the Department of Treasury’s FinCEN (Financial Crimes Enforcement Network) Division to investigate Deutsche Bank’s failure to file suspicious activity reports. As the top Democrat on the Banking Committee, Brown has led the charge in the Senate to hold Trump-appointed regulators accountable in their oversight of foreign megabanks like Deutsche Bank.