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After the Capitol attack, Deutsche Bank severed relations with Trump



“Witness to the chairman of the U.S. Senate chairing the meeting with our elected representatives was told that a mob was told to seek his own seat under the cover of appalling and insulting the Republic,” the signing bank said in a statement. “We have witnessed the President of the United States encouraging the rioters and not asking the National Guard to protect Congress from fulfilling its duties.”

Trump Bank’s move is by far the most obvious sign of a financial blow to his business empire when he is leaving office because he left the office and was widely condemned for triggering a mob attack on January 6. Biden’s eligibility for election. More and more large financial institutions and other companies have expressed their opposition to this incident and announced plans to reduce financial support for Republican officials.

Deutsche Bank̵

7;s break with Trump was carried out after years of intense public scrutiny and litigation caused by its connection with the president. After gaining majority control of the House of Representatives in 2018, Democrats investigated the bank’s transaction with Trump, issued subpoenas, and sparked a legal dispute to the U.S. Supreme Court.

Deutsche Bank declined to comment on its relationship with Trump. The New York Times earlier reported the bank’s decision to stop doing business with the president.

The Trump Organization did not immediately respond to a request for comment. The White House also did not respond.


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