Inside the Gold Exit: Trump’s Quiet Favor to Big Banks 🕵️‍♂️💵

🎩🤔💭 Something to think about...

Trump & 🏦 Big Banks: A Complicated History

Donald Trump's relationship with large banks has evolved significantly over the years and is best described as complex and occasionally strained. Here are some key points:

🏦 Business Ties and Borrowing

Early Reliance: During the 1980s and 1990s, Trump relied heavily on financing from large banks, including Deutsche Bank, JPMorgan Chase, and Bank of America, primarily to fund his real estate and casino ventures.

Repeated Defaults: Over time, many of Trump’s business ventures, especially his casinos in Atlantic City, experienced financial trouble, leading to several bankruptcies. This damaged his reputation among traditional lenders.

Deutsche Bank’s Role: Despite others backing away, Deutsche Bank remained his primary lender for many years. He borrowed hundreds of millions from them, including loans for the Trump International Hotel in D.C. and other properties.

🔍 Controversy and Investigations

In recent years, Trump’s ties to Deutsche Bank have come under scrutiny by lawmakers and investigators, particularly during his presidency. These inquiries focused on potential financial improprieties or undisclosed liabilities.

After January 6th, 2021, Deutsche Bank severed ties with Trump and the Trump Organization, adding to a broader trend of distancing by major financial institutions.

💼 Politics and the Banking Industry

Trump's America First policies, deregulation stance, and tax cuts were generally favourable to big banks during his presidency, boosting profits and easing compliance burdens.

However, many financial leaders remained cautious of his unpredictability and controversial behaviour, which at times brought reputational risk.

In summary, Trump's relationship with large banks has been marked by mutual utility, friction, and eventual distancing—with early dependence giving way to controversy and separation, especially following his presidency.

From relying on major banks like Deutsche Bank to fund his empire, to repeated defaults and bankruptcies, Trump’s financial ties have long raised eyebrows. While his policies favoured Wall Street, many banks distanced themselves—especially post-2021. A relationship built on billions, now mostly (some say broken) but is it really? 💸📉