Trump Family Sues Deutsche Bank and Capital One in Effort to Block Congressional Subpoenas
“We’re fighting all the subpoenas” President Trump recently told reporters.????The latest step to doing that sees Trump’s legal team sue Deutsche Bank and Capital One…????...to stop them from complying with subpoenas from Congress to hand over financial records to committees.
????Deutsche Bank has been one of Trump’s long standing lenders, as the New York Times reports they loaned the businessman $2 billion in a span of two decades.????The President wasn’t the only name on the lawsuit filed in New York’s Southern District, as his adult children and the Trump Organization are also listed as plaintiffs.????CNN reports that in the complaint, Trump’s legal team calls the basis of the House subpoenas harassment…????...adding “No grounds exist to establish any purpose other than a political one.”????While in the political world for the first time in his life, President Trump has not divested from his businesses since taking office.????In a joint statement, the chairs of the House Financial Services and Intelligence Committees seeking the Trump financial records…????Representatives Maxine Waters and Adam Schiff called the suit “meritless”.????Adding “This lawsuit is not designed to succeed; it is only designed to put off meaningful accountability as long as possible.”