Trump Files Suit against Deutsche Bank and Capital One, To Flank House Dems Fishing Fling
May 1, 2019 (EIRNS)— President Donald Trump has filed a lawsuit in federal court seeking to keep Deutsche Bank and Capital One bank from responding to Congressional subpoenas, setting up a legal showdown with Democrats eager to investigate his finances, National Public Radio reported yesterday. The suit, filed April 29, says the subpoenas to Deutsche Bank and Capital One have no purpose but “to rummage through every aspect of personal finances, his businesses, and the private information of the President and his family, and to ferret about for any material that might be used to cause him political damage. No grounds exist to establish any purpose other than a political one.” The suit was filed by the President, his three oldest children, and the Trump Organization, reported NPR.
On April 15, both banks were issued subpoenas by the House Intelligence and Financial Services Committees to hand over information on Trump’s finances, chaired respectively by Adam Schiff and Maxine Waters. Investigators demanded that the bank hand over documents related to Trump’s companies, such as “parents, subsidiaries, affiliates, branches, divisions, partnerships, properties, groups, special purpose entities, joint ventures, predecessors, successors or any other entity in which they have or had a controlling interest,” Newsweek reported. Deutsche Bank has promised to cooperate with the investigation, according to NPR.