Bloomberg, WSJ Correct Inaccurate Reports That Mueller Subpoenaed Trump's Bank Accounts

It now appears to be another poorly-sourced fake news story.

Well, now they reportedly did (and executives at Deutsche Bank had previously said they expected this).

Mueller is investigating alleged Russian attempts to influence the election, and potential collusion by Trump aides.

Deutsche Bank has always been reported to have loaned the Trump Organization money. Handelsblatt reported the subpoena earlier Tuesday.

The Wall Street Journal likewise initially reported, "Trump's Deutsche Bank Records Subpoenaed by Mueller", before updating its headline to, "Mueller Subpoenas Deutsche Bank Records Related to Trump". Last week Michael Flynn, Trump's former national security adviser, pleaded guilty to a single count of making false statements to the Federal Bureau of Investigation.

Bloomberg was one of the few that actually recognized John Dowd as Trump's lawyer. "The subpoena concerns people or entities close to Mr. Trump".

FRANKFURT/WASHINGTON (Reuters) - A USA federal investigator probing alleged Russian interference in the 2016 US presidential election asked Deutsche Bank for data on accounts held by President Donald Trump and his family, a person close to the matter said on Tuesday, but Trump's lawyer denied any such subpoena had been issued.

Jay Sekulow, a lawyer for Trump, denied the report, telling Reuters: "No subpoena has been issued or received".

Deutsche Bank provided millions of dollars to the Trump Organisation's businesses in the early 2000s when it was spurned by United States lenders. If Mueller obtained a subpoena "several weeks ago" on Trump's finances, that would have likely come after WaPo published their report on Kushner.

"No subpoena has been issued or received", White House Press Secretary Sarah Huckabee Sanders said in a briefing.

"We confirmed that the news reports that the special counsel had subpoenaed financial records related to the president are completely false", Sanders said.

When approached about the Dowd comment, the person familiar with the matter reiterated that the bank had received a subpoena. This has the feel of a rushed-out story with a lack of editorial oversight.

ABC News didn't even bother to mention the statement denying the existence of the subpoena.

The bank also lent up to $170 million for the Old Post Office, a Washington property he converted into a hotel, and up to $640 million for the Trump Intl Hotel and Tower, Chicago, according to the news agency.

Failing to find two separate sources is often what leads professional news organizations to run with untrue stories.

Reaction to the news that Trump's financial records had been subpoenaed was met with celebration from left-wing media outlets. "We have it and it's a monkey on the president's back".

Sekulow's denial cites the bank "and other sources" for his information.

  • Kyle Peterson