Maxine Waters threw down the gauntlet with an ultimatum for Donald Trump.
It crosses a red line that will cause Donald Trump to go ballistic.
That’s because Waters just declared war on President Trump with this demand.
Waters’ perch as Chairwoman of the Financial Services Committee affords her the power and opportunity to indulge her impeachment fantasies.
And Waters’ intent on wielding her power to torture the President is through endless witch hunts designed to turn up politically embarrassing material.
Waters is using the conspiracy theory of supposed Russian money laundering by Deutsche Bank to subpoena President Trump’s financial records.
House Intelligence Committee Chairman Adam Schiff is the first mate on this fishing expedition and his panel joined Waters in demanding Deutsche Bank fork over records pertaining to the President’s finances and Russia.
“As part of our oversight authority and authorized investigation into allegations of potential foreign influence on the U.S. political process, the House Intelligence Committee today issued subpoenas to multiple financial institutions in coordination with the House Financial Services Committee, including a friendly subpoena to Deutsche Bank, which has been cooperative with the Committees,” Schiff declared. “We look forward to their continued cooperation and compliance.”
Waters as much as admitted that they have no evidence or allegations of wrongdoing, but just want to snoop around the President’s financial affairs in the hopes they turn up some sort of dirt they can use either for impeachment or to bloody-up Trump ahead of his 2020 re-election campaign.
“The Financial Services Committee is exploring these matters, including as they may involve the President and his associates, as thoroughly as possible pursuant to its oversight authority, and will follow the facts wherever they may lead us,” she said.
North Carolina Congressman Pat McHenry – who serves as the top-ranking Republican on the Financial Services Committee – immediately blasted Waters and Schiff for their outrageous subpoena demands.
“My colleagues across the aisle continue to politicize the banking industry and set out on partisan fishing expeditions,“ McHenry declared. “All while ignoring the issues the American people need our committee to be focused on. Republicans have repeatedly expressed our desire to work in a bipartisan manner, but today‘s actions seem driven solely by a political agenda.“
The idea that Donald Trump used Deutsche Bank as a secret conduit for Russian money as part of rigging the 2016 election is a conspiracy theory that may have animated the on-air programming for CNN and MSNBC.
But it is a fake news hoax.
Robert Mueller – who was fully invested in framing the President of the United States for collusion – never ever pursued this angle because it was so far-fetched.
Waters and Schiff must know this line of investigation is a farce.
But they need a pretext to harass the financial institutions doing business with the President.
Waters and Schiff believe there is a politically fatal secret buried in Trump’s business empire and they are determined to dig it out.
We will keep you up to date on any new developments in this ongoing story.