US Special Counsel Mueller's office has spent $3.2m since May

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A person familiar with Mueller's investigation told the news agency Reuters on Tuesday that Germany's largest bank received a subpoena from the U.S. special counsel several weeks ago to provide information on certain money and credit transactions, confirming a report by German daily Handelsblatt published on the same day.

In addition, the Justice Department has spent $3.5 million to support the investigation, though the special counsel's office says that money would have been spent anyway if Mueller had not been appointed.

"No subpoena has been issued or received", White House Press Secretary Sarah Huckabee Sanders said in a briefing.

Deutsche Bank for months has rebuffed calls by Democratic lawmakers to provide more transparency over the roughly $300 million Trump owed to the bank for his real estate dealings prior to becoming president.

It was reported earlier that as part of his probe into possible collusion between Russian Federation and the Trump campaign, Mr Mueller asked Deutsche Bank to share data on accounts held by Mr Trump and his family. Mueller incorporated several ongoing investigations within the Justice Department including those of Trump campaign contacts with Russian Federation, former Trump campaign chairman Paul Manafort's business activities and former national security adviser Michael Flynn.

The heat on the investigation of President Trump's finances has just been cranked up even further. "Look, this is about Russian Federation".

Reforms by government slows GDP growth rate in Q2 FY18
GDP growth has been affected partly due to fall in growth in the manufacturing sector over the years. GDP growth of 6.3% was still lower than 7.5% growth reported in the same period previous year .

That last one was just one piece of a broad campaign Trump undertook to hinder the Russian Federation investigation in general and the investigation of Flynn in particular, which reportedly included asking top officials in the intelligence community to pressure the FBI to shut it down and pressing Republican senators to end their own investigation.

There was no immediate response to the Deutsche Bank subpoena from Trump's lawyers.

Deutsche Bank has previously rejected similar demands, citing privacy laws.

Deutsche Bank is not the only Trump-related business interest that is attracting the attention of investigators. In October, the first indictments in his probe were unsealed in court against Trump's former campaign manager Paul Manafort and an aide, Rick Gates.

On Friday, Mueller revealed a guilty plea by Michael Flynn, Trump's former national security adviser, who admitted lying to Federal Bureau of Investigation agents.

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