Trump says he 'probably' owes money to a foreign bank. He definitely does.
President Trump insists his hundreds of millions of dollars of debt isn't a big deal.
Trump's tax returns obtained by The New York Times reveal he owes $421 million in debt, something he didn't deny to NBC News' Savannah Guthrie during his Thursday town hall. Instead, he tried to play the massive sum off as a "peanut" in comparison with his net worth, insisting it was a natural piece of running a real estate business to "mortgages" in his name.
But when Guthrie asked Trump just who he owed that money to, he wouldn't say. "No, I don't owe Russia money," Trump claimed, but didn't explain further.
FINALLY -- "On behalf of voters, who do you owe $421 million to?"
Trump concedes he *does* the money, says it's not Russia, but won't say who it is.
"Any foreign bank?"
"Not that I know of."
this is a wild exchange with a sitting President: pic.twitter.com/7f9NZLo1XN
— j.d. durkin (@jiveDurkey) October 16, 2020
It's been widely reported — and actually disclosed by Trump — that Trump owes millions of dollars to the German-run Deutsche Bank, which reportedly extended him loans despite knowing he inflated his net worth.
We know who Trump owes the $400 million to.
It's on his disclosure form...why do we keep asking this question?
Reporters like @davidenrich who has exposed more of Deutsche Bank's egregious conduct than anyone else have been trying to tell people this the past two weeks as well pic.twitter.com/FMTvKmCUpN
— Yashar Ali (@yashar) October 16, 2020
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