Trump BLASTS fake news reporting by NY Times about banks not wanting to do business with Trump…

This morning Trump is blasting the New York Times and their reporting suggesting that banks didn’t want to do business with Trump.

According to Fox News:

The article itself focused on allegations that transactions made by entities controlled by Trump and Jared Kushner through Deutsche Bank raised flags, but that the bank did not fully investigate them. It also said that other banks would not deal with Trump.

The Times article, which was published on Sunday, cited former Deutsche Bank employees who recalled that several transactions made by Trump-controlled entities triggered alerts about possible suspicious activity. The story also noted that real estate developers often engaged in cash transactions that resulted in such alerts, despite banks later finding no improper activity.

The Times reported that Deutsche Bank was the only institution that dealt with Trump at the time. The president said on Twitter that he didn’t need other banks and that Deutsche Bank “was very good and highly professional to deal with – and if for any reason I didn’t like them, I would have gone elsewhere.”

The former employees told the Times that Deutsche Bank would ignore reports of suspicious activity and were lax in their anti-money laundering enforcement. A bank spokesperson pushed back, telling the Times, “At no time was an investigator prevented from escalating activity identified as potentially suspicious.” One of the former employees claimed she was fired after speaking out about the bank’s operations. The spokesperson said this was “categorically false.”

Here’s the response from Trump this morning.

Note that Trump predicts the demise of the New York Times:

You can read more about this from Fox News here


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