Politics: Deutsche Bank Subpoena Judge May Draw on Ruling Against Trump - PressFrom - US
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PoliticsDeutsche Bank Subpoena Judge May Draw on Ruling Against Trump

12:40  22 may  2019
12:40  22 may  2019 Source:   bloomberg.com

Judge promises timely ruling in Trump lawsuit against Cummings

Judge promises timely ruling in Trump lawsuit against Cummings Trump sued the committee to try to quash its subpoena demanding the release of his financial records

WATCH: Trump comments on judge ruling against lawsuit challenging subpoena for financial records. Trump told reporters the decision was “crazy” A judge in Manhattan will hear arguments on May 22 in a similar lawsuit Trump filed to block subpoenas issued to Deutsche Bank AG and

Judge Amit Mehta’s ruling says President Donlad Trump cannot block the House subpoena of financial records. In the New York case, Trump , his business and family have sued Deutsche Bank and Capital One to prevent the financial companies from complying with subpoenas from the House

Deutsche Bank Subpoena Judge May Draw on Ruling Against Trump© Getty Images Deputy Attorney General Rod Rosenstein Speaks At Justice Dept's Asian American and Pacific Islander Heritage Month Event

(Bloomberg) -- The judge who will consider on Wednesday whether Congress can subpoena records from President Donald Trump’s bankers has a fresh ruling he can rely on: a strongly worded opinion by another federal judge saying that lawmakers have the power to demand records from the president’s accountants.

“It is simply not fathomable that a Constitution that grants Congress the power to remove a president for reasons including criminal behavior would deny Congress the power to investigate him for unlawful conduct -- past or present -- even without formally opening an impeachment inquiry,” U.S. District Judge Amit Mehta in Washington wrote in his rejection of Trump’s attempt to block a subpoena seeking documents from the accounting firm, Mazars USA LLP.

Trump lawyers appeal order upholding Dem subpoena for financial records

Trump lawyers appeal order upholding Dem subpoena for financial records President Trump's attorneys on Tuesday appealed a federal judge's order upholding a subpoena for Trump's financial records. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.getMedianetNativeAds(true); }); The lawyers said in a court filing that they were asking the D.C. Circuit Court of Appeals to review "all aspects" of District Judge Amit Mehta's order in favor of the subpoena issued by the House Oversight and Reform Committee to the president's accounting firm, Mazars.

U.S. District Judge Amit Mehta said Trump cannot block a House subpoena of financial records. In the New York case, Trump , his business and family have sued Deutsche Bank and Capital One to prevent the financial companies from complying with subpoenas from the House Financial Services

A judge ruled against President Donald Trump on Monday over a lawsuit challenging a House subpoena for his financial records, and denied a stay of his decision pending an appeal. Deutsche Bank employees flagged suspicious Trump , Kushner transactions, report says.

Mehta, appointed to the bench by President Barack Obama in 2014, issued his 41-page decision less than a week after holding a hearing in the case. The ruling allows the House Oversight Committee to demand Trump’s personal and business records going back to 2011.

House lawyers are hoping for equally quick and favorable action from another Obama-appointed judge, Edgardo Ramos in Manhattan, on Wednesday during a scheduled hearing on a request by Trump to block Deutsche Bank AG and Capital One Financial Corp. from complying with subpoenas for financial records. House lawyers presented Mehta’s opinion to Ramos in a court filing just hours after that ruling.

Read More: For Trump, Stalling Deutsche Bank Subpoena May Be Victory Enough

Trump loses court round on Democratic lawmakers' demand that banks provide his business records

Trump loses court round on Democratic lawmakers' demand that banks provide his business records President Donald Trump, three of his children and the Trump Organization on Wednesday lost their bid to block Deutsche Bank AG and Capital One Financial Corp from providing financial records to Democratic lawmakers investigating Trump's businesses. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.getMedianetNativeAds(true); }); U.S. District Judge Edgardo Ramos ruled at a court hearing in New York that Congress has the legal authority to demand the records, clearing the way for the banks to comply with subpoenas issued to them by two U.S.

President Trump vowed to appeal the lower-court ruling that his accounting firm must comply with a congressional subpoena . President Trump on Monday lost an early round of his court fight with Democrats after a federal judge ruled the president’s accounting firm must turn over his financial

U.S. President Donald Trump slammed a judge for ruling against a lawsuit challenging a subpoena by the Democrat-led House of Representatives for his financial records. Waters says Democrats prepared to fight after Trump sues Deutsche Bank , Capital One.

Trump’s court battles to try to block the subpoenas presented to Mazars, Deutsche Bank and Capital One are part of his administration’s effort to push back at congressional Democrats, who are seeking information about his businesses and finances and about efforts to impede the investigation of Special Counsel Robert Mueller.

Acting on orders from Trump’s team, former White House Counsel Don McGahn on Tuesday defied a subpoena to testify before the House Judiciary Committee. Treasury Secretary Steven Mnuchin on May 17 refused demands for six years of the president’s tax records from the U.S. Internal Revenue Service, which may spur a separate lawsuit. Trump has said he’ll fight “all the subpoenas” issued by the Democratic-controlled House.

Mehta’s ruling rejected Trump’s claim that Congress didn’t have a legitimate legislative purpose for seeking the documents. He dealt a further setback to the president by declining to delay the effect of the ruling while the president appeals.

Judge rejects Trump’s request to halt congressional subpoenas for his banking records

Judge rejects Trump’s request to halt congressional subpoenas for his banking records A federal judge said Deutsche Bank and Capital One may hand over the president’s financial records to Democrats in the House. Trump’s attorneys could appeal the decision. Attorneys for Trump, his family and the Trump Organization filed for a preliminary injunction earlier this month as part of a lawsuit seeking to block the two institutions from handing over documents to the House Financial Services and Intelligence committees.

A federal judge ruled against President Donald Trump on Monday in a lawsuit to block a subpoena from House Democrats for information about his finances. U.S. District Court Judge Amit Mehta strongly endorsed Congress' broad authority to investigate the president

A federal judge in Washington has ruled against President Donald Trump in a financial records dispute with Congress. Judge Amit Mehta's ruling Judge Amit Mehta’s ruling says Trump cannot block the House subpoena of financial records. The decision comes amid a widespread effort by the

Harry Sandick, a former federal prosecutor now in private practice at Patterson Belknap Webb & Tyler LLP in New York, called Mehta’s decision “well-written and persuasive.” Although Mehta’s decision isn’t binding on Ramos in any way, other judges are likely to consider his reasoning when faced with other subpoena challenges from the president.

“When Congress conducts an investigation and seeks non-privileged documents, the courts will generally defer to Congress so long as there is a facially valid legislative purpose behind the subpoena,” Sandick said.

If Ramos, like Mehta, allows the subpoenas to go forward, he risks the wrath of a president who’s willing to directly criticize judges in public statements and tweets.

“It’s totally the wrong decision by, obviously, an Obama-appointed judge,” Trump said in response to Mehta’s ruling.

Read more: Democrats Closer to Seeing Trump Finance Records With Ruling

Trump, his businesses and his family members sued in Manhattan federal court last month to block Deutsche Bank and Capital One from complying with the subpoenas, issued by the House Financial Services and Intelligence committees. The Trumps argued that the demands were motivated by improper political considerations.

Wells Fargo, TD Bank have already given Trump-related financial documents to Congress

Wells Fargo, TD Bank have already given Trump-related financial documents to Congress The disclosures come as a federal judge ruled Wednesday that two other banks — Deutsche Bank and Capitol One — can give financial documents to Congress.

Trump ’s lawyers, in suing in both Washington and New York in attempt to beat back congressional subpoenas , said congressional investigations are legitimate only if there is legislation that might result from them. In the New York case, Trump , his business and family have sued Deutsche Bank and

WASHINGTON (AP) — A federal judge ruled against President Donald Trump on Monday in a In ruling that Trump cannot block the financial records subpoena , Mehta said the Democratic-led House In the New York case, Trump , his business and family want to prevent Deutsche Bank and

“Never before has Congress used its investigatory powers to rifle through the private financial information of a sitting president, his family and his businesses,” the Trumps argued in a court filing. They argued that letting the demands go forward would mean that “nonstop investigations into the personal lives of presidents” will become “the new normal.”

The two banks, which are named as defendants, are effectively sitting on the sidelines of the case, waiting to comply with whatever the judge orders, as the Trumps and the two House committees fight over the subpoenas.

The case is Trump v. Deutsche Bank AG, 19-cv-03826, U.S. District Court, Southern District of New York (Manhattan).

To contact the reporter on this story: Bob Van Voris in federal court in Manhattan at [email protected]

To contact the editors responsible for this story: David Glovin at [email protected], David S. Joachim

For more articles like this, please visit us at bloomberg.com

©2019 Bloomberg L.P.

House subpoenas for Trump’s bank records put on hold while president appeals.
Trump and congressional Democrats are locked in an escalating fight over the president’s financial records. Trump’s attorneys argue that the information being requested by the House Intelligence and Financial Services committees from Deutsche Bank and Capital One are too broad and would violate the president’s privacy. Ramos rejected Trump’s motion for a preliminary injunction and ruled that the president and his family “are unlikely to succeed on merits of their claims." That brought House Democrats one step closer to getting access to a trove of financial information about Trump and his business.

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