Suit by president, 3 of his children and his business and trust seeks to block Deutsche Bank and Capital One from complying with subpoenas
Washington — President Trump has filed suit against Deutsche Bank and Capital One in an attempt to block congressional subpoenas for his business records.
The lawsuit by the president, sons Donald Jr. and Eric and daughter Ivanka, was filed Monday in federal court in Manhattan. The Trump Organization and the Donald J. Trump Revocable Trust are among other plaintiffs.
Two House committees subpoenaed Deutsche Bank and several other financial institutions earlier this month as part of investigations into Mr. Trump’s finances.
House Intelligence Committee Chairman Adam Schiff, D-Calif., said at the time that the subpoenas were part of an investigation „into allegations of potential foreign influence on the U. S. political process.“ He has said he wants to know whether Russians used laundered money for transactions with the Trump Organization. Mr. Trump’s businesses have benefited from Russian investment over the years.
The Trumps want a federal judge to declare the subpoenas unlawful and enforceable.
