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Amid UBS probe, Grassley asks Trump to declassify Nazi files
['Jasmine Ni Is An Editorial Intern At American Banker In New York. She Is The Executive Editor Of The Daily Pennsylvanian At The University Of...', 'Managing Editor', 'National Reporter', 'Staff Writer']
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Key insight: Sen. Chuck Grassley urged President Donald Trump to force federal agencies to declassify documents, raising the stakes in his yearslong pressure campaign against UBS and predecessor bank Credit Suisse.
Sen. Chuck Grassley urged President Donald Trump to force federal agencies to declassify documents, raising the stakes in his yearslong pressure campaign against UBS and predecessor bank Credit Suisse.
Spokespeople for the White House and UBS, which acquired Credit Suisse a few years ago, did not immediately respond to requests for comment.
UBS took over the investigation when it acquired Credit Suisse in an emergency, government-brokered deal.
More recently, Barofsky and UBS have been at odds over certain documents that UBS has withheld from him, citing attorney-client privilege.