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Kyle Cheney
@kyledcheney
, 3 tweets, 1 min read Read on Twitter
CUMMINGS says the Deutsche Bank ruling, combined with Judge Mehta’s ruling on Monday, shows “the courts are saying we’re going to uphold the rule of law.”
MORE CUMMINGS: “We’ve noticed in Mazars that the [president’s] Counsel has been negotiating with us to be able to expedite the appeal process. That’s a good sign.”
In a formal filing for an expedited appeal (agreed to by both sides):

-Trump lawyers would file a brief by June 3
-The House Oversight Committee by July 3
-Trump reply brief by July 12
-Oral arguments after that.

Could be months before the House gets the docs it wants.
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Kyle Cheney
@kyledcheney
NEWS: The House is preparing to grant sweeping authority to all committees to sue the Trump administration and Mueller witnesses who refuse to comply with congressional subpoenas. The text of a resolution authorizing the move was revealed Thursday: politico.com/story/2019/06/…
The resolution notably permits the House General Counsel to enlist private attorneys to assist his efforts in litigating these matters. All litigation would also require the approval of House leaders, including Speaker Pelosi. politico.com/story/2019/06/…
The text of the draft resolution is here: politico.com/f/?id=0000016b…
Read 3 tweets
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Kyle Cheney
@kyledcheney
SCOOP: PELOSI told senior Democrats she wants to see Trump “in prison.”

The remark came amid a debate with NADLER in which she again rebuffed his push to open an impeachment inquiry. @heatherscope has the scoop:

politico.com/story/2019/06/…
@heatherscope NADLER has been arguing that an impeachment inquiry is the surest way to encourage courts to take Dems seriously when they ultimately litigate to enforce subpoenas for testimony from people like Don McGahn and Hope Hicks.

Pelosi, so far, won't budge. politico.com/story/2019/06/…
@heatherscope The Post has confirmed @heatherscope's #HeatherScoop: washingtonpost.com/powerpost/pelo…
Read 3 tweets
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Kyle Cheney
@kyledcheney
And here's how SCHIFF described HICKS' decision to turn over campaign documents (but not White House or transition documents) to the Intelligence Committee last year. >>>
JUST IN: A letter from the White House to NADLER suggests there are ongoing talks to try to broker a deal. DOJ "has indicated a willingness to discuss a process by which the Department could accommodate the Committee's requests," according to WH counsel Pat Cipollone
Letter says Judiciary Committee recently agreed to narrow its subpoena for Mueller files to focus on elements most pertinent to the committee's probe.
Read 4 tweets

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Mark Warner
@MarkWarner
First, I want to thank Special Counsel Mueller for his patriotism and dedication to this two-year investigation. I am grateful the American people have heard from him directly regarding his findings. Still, this press conference leaves us with unanswered questions.
The underlying evidence supporting the Special Counsel’s conclusions must be made available to Congress immediately.
What is clear is that Russia deployed a sophisticated cyber campaign in order to interfere in our democratic process and tip the scales in favor of then-candidate Donald Trump. This is the same conclusion that the bipartisan Senate Intelligence Committee reached.
Read 5 tweets
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Steven Schooner
@ProfSchooner
My sense is that @nancyleong is spot on, and one wonders if, despite her well-honed political instincts, @SpeakerPelosi may not fully appreciate this aspect of the public zeitgeist. Indeed, @justinamash is onto something....
/2 And it's not surprising that, days later, almost none of @justinamash's detractors addressed the substance of his detailed argument for impeachment. Nor have they challenged his assertion that most lawmakers haven't read the report. usatoday.com/story/opinion/…
/3 There's no good answer, and there's no happy ending. Which is why the process may be of particular importance. As one member quipped: When you’re dealing with a completely lawless administration, then at some point in time you’re going to have to act. wsj.com/articles/impea…
Read 45 tweets
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JohannesBorgen
@jeuasommenulle
I already tweeted my main thoughts on a #Deutsche #Commerz deal but since it is now LIVE, a few additional thoughts (thread.)
The social cost is likely to be very high (think 20,000 jobs.) The government must be really desperate about the situation of Deutsche to push for that deal!
Is it a good deal though? German banking M&A is notoriously difficult, there are a few horror stories (Dresdner, HVB…) and even in Excel land, the maths are not great – that’s even if you make bold assumptions on synergies.
Read 18 tweets
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John Paul Tasker
@JPTasker
We will be underway shortly at the justice committee. @Puglaas to give a 30-minute opening statement followed by a Q&A with MPs. Watch this space.
@Puglaas You haven't missed a thing. Votes in the House have pushed back the start time of the committee.
JWR has taken her seat around the committee table. A lot of media interest, as you can imagine.
Read 216 tweets
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JohannesBorgen
@jeuasommenulle
Yeaaah it’s results day at #Deutsche bank and I know what all you guys want is a #Deutsche thread. I feel a bit useless because @subfincredit basically said everything you need to know yesterday, but let’s try!
1st the results: well, they’re shitty, but in the ‘shitty like always’ kind of way. So no drama. 300m loss, close to consensus, ROE of 0.4% for FY 2018 (please don’t laugh, it’s not funny) but the underlying is also 0 vs 100m expected profit.
Strategy has changed, like every quarter: now they are going to reduce costs and increase revenues. Sounds familiar? Yeah, I wonder why. I guess they are going to fudge the FTE numbers again.
Read 27 tweets
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“T” will resist
@WillResistAdmin
#Deutsche and other banks given “waivers” from @realDonaldTrump
Yes, #Obama did temporary waivers, making them pay for the 2008 crisis, w/#SallyYates working towards them paying penalties to the victims, working w/the U.K.‘s charges etc...NO, IT IS NOT THE SAME THING!
11/24/2015 Deutsche Bank Suisse will pay a penalty of more than $31 million.
justice.gov/opa/pr/justice…

The Trump administration has waived part of the punishment for five megabanks whose affiliates were convicted and fined for manipulating global interest rates... announcement
published in the Federal Register during the #Christmas holiday week.

Trump administration waivers was granted to #Deutsche Bank — which is owed at least $130 million by Donald Trump and his business empire, and has also been fined for its role in a #Russian #moneylaundering
Read 14 tweets

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