Special counsel subpoenas Deutsche Bank for financial records

ABC News' Pierre Thomas reports on the bank's ties to President Trump as Donald Trump Jr. prepares to testify on Capitol Hill about his Russia contacts.
1:17 | 12/06/17

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Transcript for Special counsel subpoenas Deutsche Bank for financial records
We move to new developments in the Russia investigation. Donald Trump Jr. Will testify on capitol hill this morning as we're learning that special counsel Robert Mueller has asked for documents from a German bank that's been a major lender to president trump. Pierre Thomas has the latest. Good morning. Reporter: Good morning. What we know is the special counsel sent a subpoena to Deutsche Bank requesting financial records. The bank confirmed they are cooperating with special counsel Mueller's investigation and in the past the bank has loaned the trump organization more than $300 million in real estate transactions, loans prior to Mr. Trump becoming president. But strong pushback from the president's attorneys who are saying the subpoena has nothing to do with the president. And the white house called any reports implying that the subpoena is directly tied to president trump as false, George. So a lot of questions on that going forward. We know a subpoena has gone to Deutsche Bank. We will see Donald Trump Jr. On capitol hill, of course, he was front and center at that infamous trump tower meeting in June 2016. Reporter: Yeah, Democrats are expected to grill don junior on whether he asked for and received any dirt on Hillary Clinton during that now famous meeting in June of 2016 at trump tower with that Russian lawyer. Other Russians, son-in-law Jared Kushner and Paul manafort, the former campaign chairman indicted by the special counsel. Thanks very much, Pierre.

This transcript has been automatically generated and may not be 100% accurate.

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