Politics: Judge rejects Trump’s request to halt congressional subpoenas for his banking records - - PressFrom - US
  •   
  •   
  •   

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

00:40  23 may  2019
00:40  23 may  2019 Source:   washingtonpost.com

Giuliani says Trump is 'doing the right thing' by resisting congressional subpoenas

Giuliani says Trump is 'doing the right thing' by resisting congressional subpoenas President Trump's personal lawyer Rudy Giuliani said the president "is doing the right thing" by ignoring congressional subpoenas. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.getMedianetNativeAds(true); }); "There are six different investigations...thousands of requests for documents, it's like they're falling all over themselves," Giuliani said of House Democrats who are probing the Trump administration.

President Donald Trump and the Trump Organization on Monday filed suit against the Democratic chairman of the House Oversight Committee, Rep. Elijah Cummings, seeking relief from his subpoena request for the president’ s financial records in the latest clash between the White House and

U.S. District Judge Amit Mehta rejected Donald Trump ’ s efforts to invalidate the House Oversight Committee’s subpoena of the president’s financial records on Monday. Mehta’s decision affirms Congress ’ constitutional authority to investigate the chief executive—a power that Trump asked the

Judge rejects Trump’s request to halt congressional subpoenas for his banking records© Provided by WP Company LLC d/b/a The Washington Post

NEW YORK —A federal judge on Wednesday rejected a request by President Trump to block congressional subpoenas for his banking records, dealing the latest blow to the president in his bid to battle Democratic investigations into his personal finances.

The decision in the U.S. District Court for the Southern District of New York could clear the way for Deutsche Bank and Capital One to hand over the president’s financial records to Democrats in the House. Trump’s attorneys could appeal the decision.

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.

Also on Monday, a federal judge rejected Mr Trump ' s efforts to block a subpoena into his The subpoena for Mr McGahn's testimony is part of a wider inquiry by Congressional Democrats into In March, the House Judiciary Committee issued document requests related to the investigation to 81

WASHINGTON — President Trump ’ s accounting firm must turn over his financial records to Congress , a Federal District Court judge ruled on Monday, rejecting his legal team’s argument that lawmakers had no legitimate power to subpoena the files.

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.

Subscribe to the Post Most newsletter: Today’s most popular stories on The Washington Post

“There will be no way to unring the bell once the Banks give Congress the requested information,” William S. Consovoy, Patrick Strawbridge and Marc Mukasey wrote. “The Committees will have reviewed confidential documents that this Court may later determine were illegally subpoenaed.”

But U.S. District Judge Edgardo Ramos said Wednesday that Trump’s lawsuit was unlikely to succeed.

Wells Fargo, TD Bank turn over Trump financial records to House Dems

Wells Fargo, TD Bank turn over Trump financial records to House Dems Wells Fargo and TD Bank have turned over President Trump’s financial records to the House Financial Services Committee, Fox News confirmed.

Trump Is Suing Two Banks in an Effort to Block Subpoenas for His Financial Records . The Trumps want a federal judge to declare the subpoenas unlawful and unenforceable. The lawsuit also seeks to block the financial institutions from disclosing information and complying with the subpoenas .

WASHINGTON—A federal judge ruled that President Trump can’t block a subpoena from a House committee seeking financial records from his longtime accounting firm, a blow to his efforts to head off Democratic congressional investigators. U. S . District Judge Amit Mehta, an appointee of President

Deutsche Bank and Capital One did not immediately respond to requests for comment.

The ruling comes two days after a federal judge in Washington rejected the Trump legal team’s argument in a separate case seeking to block the House Oversight Committee’s demands for records from Trump’s accounting firm, Mazars USA. Trump’s attorneys notified the judge on Tuesday that they have appealed “all aspects” of that ruling.

House Speaker Nancy Pelosi (D-Calif.) welcomed Wednesday’s ruling, saying she was “very excited” by the news.

“Two in one week: Mazar Monday, Deutsche Bank today,” she said.

Deutsche Bank has been a major lender to both the Trump Organization and Kushner Companies, which previously was run by Trump’s son-in-law, Jared Kushner, who now is a presidential adviser.

Deutsche Bank has loaned or been a co-lender of at least $2.5 billion to Trump’s business, much of it at a time when other banks declined providing money to him, according to a Wall Street Journal report. At one point, when Trump had trouble paying back a loan for a Chicago tower, Trump sued the bank, saying it had played a role in a broader financial crisis that hurt the project. Trump and the bank eventually settled the case.

Opinions | The wall of concealment Trump built around his finances is beginning to crumble

Opinions | The wall of concealment Trump built around his finances is beginning to crumble "People have got to know whether or not their president is a crook," as one of Trump's predecessors said.

WASHINGTON: An Indian-American judge has rejected President Donald Trump ' s attempt to block House Democrats from getting his financial records The House of Representatives has flagged the ruling to a judge in New York, where another court is considering challenges to House subpoenas to

In his opinion, Judge Amit Mehta said congress has the right to request the tax records so long as it maintains doing so serves as legislative purpose. President Trump ' s lawyers say they plan on appealing the judge 's decision. It comes as they continue to fight off congressional subpoenas and

Shortly before Election Day in 2016, Deutsche Bank finalized a $285 million loan to Kushner’s real estate company, The Washington Post has previously reported. At the time, the bank was negotiating settlements with federal and New York regulators. Congressional Democrats have long said they want to examine the bank’s loans to the Trump and Kushner businesses, particularly to see if there is any connection to money-laundering in Russia.

During Wednesday’s hearing, protesters holding signs stating “Congress has a right to know” and “You can sue but you can’t hide” were admonished by the judge after they stood up in the courtroom.

Strawbridge argued during the hearing that the committee subpoenas were overly broad and claimed that House Democrats were acting as law enforcement rather than legislators.

“They are looking for records about minors, about in-laws,” said Strawbridge, claiming that even information about Trump’s grandchildren could be swept up in the subpoenas.

An attorney for the House Democrats, Douglas Neal Letter, said the committees have issued “a whole batch of subpoenas . . . having nothing to do with Trump or his family.”

“This is not an investigation just about Trump and his family,” Letter said.

In his ruling from the bench, Ramos said he would not halt enforcement of the subpoena.

Ramos said his ruling rejecting a preliminary injunction was of “little consequence” because Trump and his family “are unlikely to succeed on merits of their claims.”

renae.merle@washpost.com

michael.kranish@washpost.com

felicia.sonmez@washpost.com

Kranish and Sonmez reported from Washington. Reis Thebault and Karoun Demirjian contributed to this report.

Read More

Court OKs expedited appeal in NY Trump bank records case.
An appeals court says it will speedily consider President Donald Trump's challenge to congressional subpoenas seeking his financial records.

—   Share news in the SOC. Networks

Topical videos:

usr: 1
This is interesting!