Many Americans were surprised to learn today that Special Counsel Robert Mueller is working with a bank in Germany to try to connect the dots between Donald Trump and the Russian government. If you’ve been reading Palmer Report since January, you’re not surprised to see this story at all. All year long it’s been inevitable that Mueller would target Deutsche Bank in the Trump-Russia scandal. We know exactly what he’s looking for, because the biggest clues have long been hiding in plain sight.
For years, Deutsche Bank has been loaning unreasonably large sums of money to Donald Trump. Even after most banks worldwide concluded that Trump had become too unlikely to repay his loans and had thus stopped lending to him, Deutsche Bank continued floating Trump almost single handedly. Even after Deutsche Bank hit hard times of its own and should’t have been making risky loans of any kind, it continued to keep Trump afloat for no apparent reason. Then in January of 2017, we learned what appeared to be the reason.
Regulators in the United States and Europe busted Deutsche Bank for having laundered billions of dollars in Russian money into the hands of clients in places like New York City. The story was widely reported in the British press at the time, but it barely got a mention in the American press. Nonetheless it wasn’t difficult to put the pieces together: the Russian government appeared to be sending money to Deutsche Bank, which the bank then turned around and “loaned” to Donald Trump, as a way of funneling money to him.
We’ve never been able to definitively prove this, but Robert Mueller can. It’s why he sent a subpoena to Deutsche Bank months ago in order to get his hands on financial records in relation to the Trump-Russia scandal. We don’t yet know why Deutsche Bank has chosen now to finally cooperate. But we do know what Mueller is looking for: the money trail that proves Russia bought Trump with cold hard cash before installing him as a puppet in the White House.
Bill Palmer is the publisher of the political news outlet Palmer Report