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Trump asks Supreme Court to block House subpoenas to banks for financial records

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Trump asks Supreme Court to block House subpoenas to banks for financial records

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President Donald Trump's lawyers asked the Supreme Court on Friday to block subpoenas issued by Parliament's Democrats to Deutsche Bank and Capital One for the president's financial records.

In an emergency request to the high court, Trump requested that a suspension be decided by a lower court, requiring the two banks to hand over their information to the Democratic-controlled House Intelligence and Financial Services committees.

"The desire of the committees to use the president, his family, and his business as a case study is not a legitimate legislative purpose," Trump's lawyers argued in the request.

Instead, they claimed, "It is an attempt to exercise executive power beyond the legislative reach of Congress and expose the candidates' private records" in the name of the exhibition.

Trump's lawyers wrote in the request that the question in question is "whether the president may request a review of an unprecedented demand for his personal documents or if he will be deprived of this opportunity because the committees have issued such subpoenas to third parties." without incentive to test its validity. "

The request came three days after the US 2nd Circuit Court of Appeals.decided notblock congressional subpoenas for Trump's financial records German bank and Capital one, affirming a lower court ruling and giving the president a significant legal blow.

Trump and several members of his family sued Deutsche Bank and Capital One this year seeking stop them from responding to subpoenas issued by House Democrats, who they said had "no legitimate or legislative purpose."

The House's Intelligence and Financial Services committees issued the subpoenas in April as part of theinvestigations into alleged foreign influence in the US elections.

US Circuit Court of Appeals Judge Jon O. Newman wrote in a 100-page ruling on Tuesday that the Trumps "injunction" motion was duly denied, except for the disclosure of any documents. which may be determined as appropriate to withhold disclosure in accordance with our limited demand. "

That decision had placed a seven-day stay in the summons so that the Trumps could appeal.

On Friday, however, Trump's lawyers wrote in their request that the Supreme Court "remembers and maintains the Second Circuit's mandate pending the submission and disposition of the candidates' petition for certiorari."

German bank He has lent millions of dollars to Trump's business over the years, even when the president was in dire financial straits decades ago. Capital One is among the banks where Trump has personal accounts.

In August, Deutsche Bank released in a lawsuit that had tax returns linked to Trump. It is not clear exactly to whom or to which entity the returns belong.

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