Trump, Family Sue To Block Banks From Releasing Private Financial Documents - News Summed Up

Trump, Family Sue To Block Banks From Releasing Private Financial Documents


President Donald Trump, alongside his three children and their private business entity, the Trump Organization, filed a lawsuit Monday to prevent the release of bank documents to congressional committees. The federal suit was filed in Manhattan against Deutsche Bank and Capital One in an attempt to block the financial institutions from complying with congressional subpoenas issued earlier this month by the House Intelligence and Financial Services committees. It’s unclear if any of the lawsuits can succeed, but the cases may delay the release of documents that the Trump family hopes to keep private. Deutsche Bank, which has issued loans to the Trump family for years, said last week it had begun handing over loan documents to New York authorities amid separate subpoenas from the state’s attorney general, Letitia James. The institution said at the time it was “committed to cooperating with authorized investigations,” although it’s unclear how many documents it has handed over.


Source: Huffington Post April 30, 2019 03:45 UTC



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