Tuesday, December 3, 2019

Trump Loses Appeal on Deutsche Bank Subpoenas - The New York Times

Trump Loses Appeal on Deutsche Bank Subpoenas - The New York Times

by David Enrich

A federal appeals court said Tuesday that Deutsche Bank must turn over detailed documents about President Trump’s finances to two congressional committees, a ruling that will most likely be appealed to the Supreme Court.
The decision was the latest victory for House Democrats investigating Mr. Trump and his businesses. And it put extensive information about Mr. Trump’s personal and business finances — which the president has spent years fighting to keep secret — one step closer to becoming public.
Democratic-controlled congressional committees issued subpoenas to two banks — Deutsche Bank, long Mr. Trump’s biggest lender, and Capital One — this year for financial records related to the president, his companies and his family. Mr. Trump sued the banks to block them from complying.
The court’s ruling comes at a perilous time for Mr. Trump, who is facing an unrelated impeachment inquiry in the Democrat-controlled House.

No comments:

Post a Comment