When Democrats take over control of the House intelligence committee next year, one of their first planned moves is to investigate President Donald Trump’s finances, according to The Daily Beast.
The committee is looking to hire money-laundering and forensic accounting experts, three sources familiar with the plans confirm to The Daily Beast. One Democratic committee office said the purpose of the potential new hires is to examine unanswered financial questions about Trump and Russia, but their work could apply broadly across the panel’s intelligence oversight.
This indicates that likely chairman Adam Schiff’s stated interest in the intersection of financial crimes and intelligence threats isn’t just talk.
Schiff has previously said he is interested in learning more about Trump’s relationship with Germany’s Deutsche Bank, an institution that has already gotten into trouble for its links to money-laundering, The Daily Beast noted.
When other lenders were loath to lend money to Trump in the 1990s, Deutsche Bank stepped up and spotted him tons of cash. The president may still owe the bank up to $175 million, according to MarketWatch. Bringing on staffers with expertise in financial crimes would position the committee to pursue those questions.