News & Politics

Trump Administration Mysteriously Grants Lucrative Waiver to Bank That President Owes Millions

Deutsche Bank was previously fined for manipulating global interest rates.

Photo Credit: Gage Skidmore

The Trump administration has waived part of the punishment for five megabanks whose affiliates were convicted and fined for manipulating global interest rates. One of the Trump administration waivers was granted to Deutsche Bank — which is owed at least $130 million by President Donald Trump and his business empire, and has also been fined for…

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David Sirota is the author of the books "Hostile Takeover," "The Uprising" and "Back to Our Future." Email him at [email protected], follow him on Twitter @davidsirota or visit his website at www.davidsirota.com.