Trump Complains About ‘Corrupt and Deranged’ Media Covering His Shady Bank Business Over ‘Russia Hoax’

Donald Trump
Joshua Roberts/Reuters

President Donald Trump is putting his word up against the “corrupt and deranged” mainstream media, denying a report that bankers at Deutsche Bank recommended sending his company’s money transactions to a federal financial crimes watchdog.

On Sunday, The New York Times reported that five current and former Deutsche Bank staff alerted executives that business dealings with companies run by Trump and his son-in-law, Jared Kushner, often set off alerts in a computer system designated to detect unlawful activity.

However, the executives, who have lent billions to Trump’s and Kushner’s companies in the past, allegedly did not report this to the government despite clear advice from the employees, who worked as anti-money laundering specialists.

Provoked by this report, Trump attacked “The Failing New York Times” and “others of the Fake News Media” on Monday for covering this issue.

“The Failing New York Times (it will pass away when I leave office in 6 years), and others of the Fake News Media, keep writing phony stories about how I didn’t use many banks because they didn’t want to do business with me,” he tweeted. “WRONG!”

He then attempted to explain his selective usage of certain banks, arguing that he has so much money that he didn’t “need or want banks.”

“I didn’t need money. Very old fashioned, but true,” Trump claimed. “When you don’t need or want money, you don’t need or want banks. […] Fake Media only says this to disparage, and always uses unnamed sources (because their sources don’t even exist).”

Trump went on to declare “today” as the peak of corruption and derangement among mainstream media outlets.

“The Mainstream Media has never been as corrupt and deranged as it is today,” he proclaimed. “FAKE NEWS is actually the biggest story of all and is the true ENEMY OF THE PEOPLE!

“That’s why they refuse to cover the REAL Russia Hoax,” Trump added, continuing to ramp his rhetoric on the Mueller investigation.

He continued to denounce the story while also changing the narrative to a more positive reflection of himself that “Trump made a lot of money and buys everything for cash.”

“Now the new big story is that Trump made a lot of money and buys everything for cash, he doesn’t need banks. But where did he get all of that cash? Could it be Russia?” Trump said as he attempted to mimic journalists on Twitter.

Arguing that he doesn’t “need banks,” Trump gave the reasoning for his relationship with Deutsche Bank, saying the institution was “very good and highly professional to deal with – and if for any reason I didn’t like them, I would have gone elsewhere.”

“There was always plenty of money around and banks to choose from,” he said. “They would be very happy to take my money.

“Fake News!” Trump exclaimed as he concluded his Twitter rant.

This issue is on the radar of Congress, as the House of Representatives has filed subpoenas for his financial records that were sent to Deutsche Bank, as well as Capital One Financial Corp and the accounting firm Mazars LLP. However, Trump has sued in court in an attempt to block the House from obtaining these.

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General Confusion
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“I didn’t need money.” I am confused. Coming into office, January 2017, King Donald The Loser owed more money than any previous president – $1.8 BILLION! to about 150 lending institutions, including Wells Fargo. You know, that other paradigm of trust. Trump only declared $315 million. We have the right to be worried and sceptical about a president who owes so much money and falsely declares less, and especially with the financial ties that he and the Kushner family still have with Russia. Am I worried about him money laundering? You betcha! That’s the main reason Congress needs his financial… Read more »

Otis
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Is this article slanted? Hmmm…

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U.S. President Donald Trump speaks at the National Association of Realtors' Legislative Meetings & Trade Expo in Washington, U.S., May 17, 2019. REUTERS/Carlos Barria

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