Court sides with Congress in battle for Trump’s bank records A federal appeals court in New York has handed President Donald Trump another legal defeatA federal appeals court in New York handed President Donald Trump another legal defeat, ruling Tuesday that Congress can see his banking records for investigations into possible foreign influence in U.S. politics or other misdeeds. Circuit Court of Appeals judges said two banks, Deutsche Bank and Capital One, should comply with subpoenas from the House Financial Services and Intelligence committees seeking records related to Trump’s business ventures. The court noted that the president had not disputed that the bank loaned him at least $130 million when no other bank would do so. The ruling is likely to put several appeals over Trump’s financial records at the Supreme Court’s door at once. In mid-November, Trump’s lawyers filed an emergency appeal with the high court over a ruling in a Washington, D.C., case involving a subpoena from a House committee for financial records held by Trump’s accountants.

Source: ABC News December 03, 2019 15:21 UTC