Donald Trump, fighting to keep details of his finances secret, asked the US Supreme Court this afternoon to prevent records held by Deutsche Bank AG and Capital One Financial Corp from being handed over to Democratic-led congressional panels.
Trump’s lawyers asked the high court to put a hold a December 3 ruling by the Manhattan-based 2nd US Circuit Court of Appeals directing the two banks to comply with April subpoenas by the House of Representatives Financial Services Committee and
Intelligence Committee for the financial records, Reuters writes.
The record requests relate to the president, three of his children and the Trump Organization. Lawmakers have said the requests are part of a wider investigation into
The record requests relate to the president, three of his children and the Trump Organization. Lawmakers have said the requests are part of a wider investigation into
money laundering and foreign influence over US politics, especially relating to Trump-owned hotels.
Deutsche Bank has long been a principal lender for Trump’s real estate business. A 2017 disclosure form showed that Trump had at least $130 million of liabilities to the bank.
Deutsche Bank has long been a principal lender for Trump’s real estate business. A 2017 disclosure form showed that Trump had at least $130 million of liabilities to the bank.
Congressional investigators have already identified possible failures in Deutsche Bank’s money laundering controls in its dealings with Russian oligarchs, people familiar with the matter have told Reuters.
Trump has sought to keep his financial and tax records private. He broke with tradition by not releasing his tax returns as a candidate in 2016 and as president.
