In a move that seems designed to wreck the U.S. economy right as Joe Biden is taking office as president, Treasury Secretary Steven Mnuchin announced Thursday that he would not extend emergency lending programs that have been instrumental in stabilizing financial markets during the ongoing coronavirus pandemic, according to the Washington Post: “Treasury Secretary Steven […]
If there’s one thing Donald Trump has always excelled at when it comes to his business career, it’s taking on massive amounts of debt he used to further his real estate empire. Over the decades, Trump borrowed billions of dollars to finance his construction projects. Some of them panned out and made money. Many, however, […]
For decades, there have been hints, rumors, and allegations that Donald Trump and his company, the Trump Organization, have engaged in money laundering for Russian mobsters, oligarchs, and other criminals who make their fortunes illegally and need a way to wash their profits via legitimate enterprises such as real estate purchases. Real estate, of course, […]
The reelection campaign of President Donald Trump is in serious financial trouble, and it appears things are getting worse by the day. HuffPost reports that it has looked at filings by the campaign with the Federal Elections Commission and found that campaign manager Bill Stepien has had to take a 33 percent pay cut — […]
A few months ago, we learned that some of the banks Donald Trump and the Trump Organization did business with over the years have turned over thousands of documents related to possible links between Trump and Russian figures such as oligarchs and government officials to House Finance and Intelligence committees. The banks identified — Bank […]
In 2019, prosecutors with the Southern District of New York (SDNY) opened up a new front in the investigation of criminal acts by the Trump 2016 campaign and the president himself, sending a sweeping subpoena to the Trump inaugural committee that includes charges of money laundering and fraud. The subpoena reads like something that would […]
Rep. Devin Nunes (R-CA) is in very big trouble, and it could wind up costing him his congressional seat. The Fresno Bee reports that a non-partisan group, the Campaign Legal Center, is alleging that Nunes has been receiving gifts in direct violation of House ethics rules. Specifically, Nunes is accused of receiving legal services: “A […]
There are few things in this world that Donald Trump fears more than having his tax returns released for perusal by the public, federal investigators, and congressional committees. He’s so terrified of those tax documents seeing the light of day that he recently filed suit to keep his biggest creditor, Deutsche Bank of Germany, from […]
Rep. Maxine Waters (D-CA) has said for months now that she’s convinced President Donald Trump has committed numerous crimes before he was elected and since he became president, and it looks like she may have some of the evidence she needs to prove so. According to The Hill, one of Trump’s biggest lenders, Deutsche Bank, […]
While we continue to wait for the day we finally get to see Donald Trump’s tax returns, a House committee now has evidence of financial crimes by the president that could well lead to articles of impeachment being drawn up against him and indictments being handed down by state prosecutors. The House Oversight Committee, which […]