Trump Sues Deutsche Bank and Capital One to Block Compliance With Subpoenas

[yuiyoshida]

By Maggie Haberman, William K. Rashbaum and David Enrich

President Trump, his three eldest children and his private company filed a federal lawsuit on Monday against Deutsche Bank and Capital One, in a bid to prevent the banks from responding to congressional subpoenas.

In the suit, filed in federal court in Manhattan, the president and his family members argue that the Democratic House committee leaders who issued the subpoenas engaged in a broad overreach.

“This case involves congressional subpoenas that have no legitimate or lawful purpose,” the suit alleges. “The subpoenas were issued to harass President Donald J. Trump, to rummage through every aspect of his 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 House’s Intelligence and Financial Services Committees issued subpoenas to Deutsche Bank, a longtime lender to Mr. Trump’s real estate company, and other financial institutions two weeks ago, seeking a long list of documents and other materials related to Deutsche Bank’s history of lending and providing accounts to Mr. Trump and his family. People with knowledge of the investigation said it related to possible money laundering by people in Russia and Eastern Europe.

Representative Maxine Waters of California, the chairwoman of the Financial Services Committee, and Representative Adam B. Schiff of California, the chairman of the Intelligence Committee, called the lawsuit “meritless” in a joint statement, and said it demonstrated “the depths to which President Trump will go to obstruct Congress’s constitutional oversight authority.”

more...
https://www.nytimes.com/2019/04/29/us/politics/trump-lawsuit-deutsche-bank.html

[muntrv]

1. If I am correct, the state of New York is issuing subpoenas from Deutsche Bank too.

Since it is state crimes, Twitler can't stop that.

[Botany]

2. "In the suit, filed in federal court in Manhattan, the president and his family members ..."

Now, I am not a lawyer but the law and Trump not so much .... Good God in Butter is he stupid.

A federal court in NYC doesn't have jurisdiction over a bank in Germany or the US Congress as long
as they are not breaking any federal crimes,

[Arkansas Granny]

3. Some more of that transparency, eh Donald?

[Turbineguy]

4. Anything to delay

that evil day of reckoning.

[ProudMNDemocrat]

5. NOTHING to hide, Donnie?

This is a CRIME FAMILY.

The Trump Foundation was forced to close because of fraud. That was just the beginning to looking into all the other Trump financial dealings. Nor did Trump divest his interests in the family biz. He still is in charge from the Oval Office.

[guillaumeb]

6. What is the Trump family hiding? eom

[Yo_Mama_Been_Loggin]

7. Someone should explain to the idiot

The more he fights disclosure the guiltier he looks

[ProudLib72]

8. Oh I think we are well beyond that

I think what they will find in those records will make Capone look like a pickpocket in comparison. That's why he doesn't care if he "looks" guilty. The reality is far, far worse.

[malaise]

9. his three eldest children?

Shouldn't that be his three oldest children

Anyway Lock them all up!