Deutsche Bank is facing a perilous 2019 with fresh scrutiny from Democratic lawmakers over the German financial titan’s dealings with President Trump Donald John TrumpBiden on Trump's refusal to commit to peaceful transfer of power: 'What country are we in?' Romney: 'Unthinkable and unacceptable' to not commit to peaceful transition of power Two Louisville police officers shot amid Breonna Taylor grand jury protests MORE.

Democrats are eager to probe the bank’s relationship with Trump when they take control of the House, hoping to expose potential financial crimes and connections to Russian oligarchs.

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California Democratic Reps. Maxine Waters Maxine Moore WatersPowell, Mnuchin stress limits of current emergency lending programs Pelosi: House will stay in session until agreement is reached on coronavirus relief Omar invokes father's death from coronavirus in reaction to Woodward book MORE and Adam Schiff Adam Bennett SchiffPelosi, Democrats unveil bills to rein in alleged White House abuses of power Chris Matthews ripped for complimenting Trump's 'true presidential behavior' on Ginsburg Trump casts doubt on Ginsburg statement, wonders if it was written by Schiff, Pelosi or Schumer MORE both plan to subpoena Deutsche Bank for Trump’s financial records when they likely take over the House Financial Services and House Intelligence committees, respectively, in January.

The bank has reportedly already provided such records to special counsel Robert Mueller Robert (Bob) MuellerCNN's Toobin warns McCabe is in 'perilous condition' with emboldened Trump CNN anchor rips Trump over Stone while evoking Clinton-Lynch tarmac meeting The Hill's 12:30 Report: New Hampshire fallout MORE, who is investigating the Trump Organization’s business activities in Russia as part of his broader probe into Russian interference in the 2016 presidential election.

Schiff told The New Yorker last week that he plans to obtain Trump’s records to see if there is anything in Trump’s business dealings that could raise questions about undue Russian influence. Trump owes the bank hundreds of millions for loans.

“Is that why Trump is so pro-Russian? Is his financial interest guiding his foreign policy?” Schiff asked.

“We are going to be looking at the issue of possible money laundering by the Trump Organization, and Deutsche Bank is one obvious place to start,” he continued.

Germany’s largest bank is already reeling from a slew of financial and legal troubles in the U.S. and Europe. The firm has paid billions of dollars in fines to settle allegations of money laundering, sanctions violations, market manipulation and risky sales practices.

The bank faces massive legal consequences from those actions and now faces the prospect of being dragged into a fierce political fight in the U.S. over its ties to Trump.

Top Democrats say investigating the bank is simply basic congressional oversight, but the probes are certain to give potent political ammunition to some of Trump’s most prominent critics.

“Typically, these investigations rarely unearth new information (especially if there are already other federal cases open by career prosecutors),” Brandon Barford, partner at Beacon Policy Advisors, told The Hill. “But they are a conduit by which certain facts can be emphasized and politicized.”

The company says it is cooperating with all probes.

“Deutsche Bank takes its legal obligations seriously and remains committed to cooperating with authorized investigations,” said spokesman Troy Gravitt in a statement. “Our recent record of cooperating with such investigations has been widely recognized by regulators. We intend to keep working in this spirit.”

Deutsche Bank has fallen dramatically from its perch among the most powerful global investment banks. Mounting costs from years of litigation and mismanagement have eviscerated its profits, and the firm is shrinking its investment wing in a pivot away from Wall Street.

Deutsche Bank was deeply involved in the risky mortgage-backed securities market and in 2017 paid the Justice Department $7.2 billion to settle fraud charges related to their role in the 2008 financial crisis.

The bank has also paid billions to settle both civil and government lawsuits alleging interest-rate manipulation, violations of U.S. financial sanctions and money laundering in Russia.

Its Frankfurt headquarters was raided last month as European Union prosecutors probe Deutsche Bank’s involvement in a tax-avoidance and money-laundering scheme detailed in the so-called Panama Papers.

Its business dealings with Trump, though, will take center stage in the U.S. House Democrats want to look for any potential connections between the bank’s questionable financial practices and its significant outstanding loans to Trump and his business empire.

Trump owes Deutsche Bank hundreds of millions of dollars on construction loans issued in the 1990s and 2000s through the firm’s wealth management unit. The bank was one of the few willing to deal with Trump, who was shunned by the rest of Wall Street after several bankruptcies. The Washington Post reported in 2016, shortly before Trump’s election, that he had debts totaling $360 million through his companies to Deutsche Bank.

“The Democrats have something of a target on Deutsche because of the bank’s relationship with the president,” said Ian Katz, director at analytics firm Capital Alpha Partners.

Trump has warned that investigating his personal finances would cross a red line. Waters, the incoming chairwoman of the Financial Services panel, though, has already sought information from Deutsche Bank about its relationship with Trump.

The bank has so far declined her requests, but once she takes the committee gavel, Waters can subpoena the company. That will force Deutsche Bank to comply or fight the subpoena in court.

“Deutsche Bank is key to understanding the relationship between the president and members of the president’s family and money laundering and all of that,” Waters told The Hill in a November interview.

Across the Capitol, Senate Democrats are also calling for more scrutiny on the bank.

Sens. Elizabeth Warren Elizabeth WarrenDimon: Wealth tax 'almost impossible to do' CNN's Don Lemon: 'Blow up the entire system' remark taken out of context Democrats shoot down talk of expanding Supreme Court MORE (D-Mass.) and Chris Van Hollen Christopher (Chris) Van HollenCongress must finish work on popular conservation bill before time runs out Democrats fear Russia interference could spoil bid to retake Senate Mid-Atlantic states sue EPA over Chesapeake Bay pollution MORE (D-Md.) have called on Senate Banking Committee Chairman Mike Crapo Michael (Mike) Dean CrapoBottom line Davis: The Hall of Shame for GOP senators who remain silent on Donald Trump Top GOP senator urges agencies to protect renters, banks amid coronavirus aid negotiations MORE (R-Idaho) to open a bipartisan investigation into Deutsche Bank.

“The compliance history of this institution raises serious questions about the national security and criminal risks posed by its U.S. operations,” they wrote.

Crapo told Politico this week that he didn’t plan on opening an investigation into “specific companies.”

But he acknowledged the bank’s troubles and said some of those problems could be addressed by work his committee is undertaking on money laundering laws.

The pressure Deutsche Bank is facing is likely to grow over its Trump ties and compliance with U.S. and European laws.

“They’re in a tough spot right now,” said Katz.