Politics: Trump appeals ruling allowing banks to hand his financial records to Congress - - PressFrom - US
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PoliticsTrump appeals ruling allowing banks to hand his financial records to Congress

19:25  24 may  2019
19:25  24 may  2019 Source:   reuters.com

Judge skeptical of Trump effort to keep records from House

Judge skeptical of Trump effort to keep records from House A federal judge suggested he is skeptical of President Donald Trump's efforts to block Congress from obtaining some of his financial records. Judge Amit Mehta spent about an hour and a half holding a hearing on Trump's effort to keep financial records from Congress. Mehta did not rule during the hearing whether the House's subpoena of Trump financial records is a valid exercise of legislative power, but he said he would do so "promptly.

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Lawyers for Trump and his company filed the appeal in U.S. District Court for the District of Columbia one day after a U.S. district judge backed the The House Oversight Committee has said it needs Trump ’s financial records to examine whether he has conflicts of interest or broke the law by not

Trump appeals ruling allowing banks to hand his financial records to Congress© Evan Vucci Shown in 2014, Eric Trump, Donald Trump Jr., Ivanka Trump and Donald Trump attend a groundbreaking ceremony for the Trump International Hotel in Washington. NEW YORK - U.S. President Donald Trump, three of his children and the Trump Organization on Friday appealed a court order allowing Deutsche Bank AG and Capital One Financial Corp to hand their financial records over to Democratic lawmakers.

They are asking the 2nd U.S. Circuit Court of Appeals in Manhattan to overrule U.S. District Judge Edgardo Ramos, who on Wednesday refused to block the banks from responding to subpoenas issued last month by two U.S. House of Representatives committees.

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. President Donald Trump on Tuesday appealed a federal judge's ruling against his attempt to The lower court's decision on Monday handed an early setback for the Republican president in his The House Oversight Committee has said it needs Trump 's financial records to examine whether he

U.S. President Donald Trump on Tuesday appealed a federal judge's ruling against his attempt to block a House of Representatives committee His lawyers argue the House Oversight Committee’s demand for financial records from his accounting firm exceeded Congress ’s constitutional limits.

Deutsche Bank, Capital One, the House Financial Services Committee and House Intelligence Committee did not immediately respond to requests for comment.

The committees have agreed not to enforce the subpoenas for seven days after Wednesday's ruling.

The Republican president, who is seeking re-election next year, has aggressively sought to defy congressional oversight of his administration since Democrats took control of the House in January.

Some parts of the subpoenas have been included in court filings. The subpoena on Deutsche Bank, issued by both committees, seeks extensive records of accounts, transactions and investments linked to Trump, his three oldest children, their immediate family members and several Trump Organization entities, as well as records of ties they might have to foreign entities.

Donald Trump’s Subpoena Appeals Now Head to Merrick Garland’s Court

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Wells Fargo, TD Bank have handed Trump -related documents over to Congress . Wells Fargo provided the committee with a few thousand documents and TD Bank handed the committee a The decision means Deutsche Bank and Capital One may now release Trump ’s financial records .

President Donald Trump ’s lawyers wasted no time in filing an appeal of a judge’s ruling that could lead to Congress receiving years of the president’s tax and financial records . Trump ’s attorneys on Tuesday filed a brief notice appealing Washington-based U.S. District Judge Amit Mehta’s Monday

Deutsche Bank has long been a principal lender for Trump's real estate business and a 2017 disclosure form showed that Trump had at least $130 million of liabilities to the bank.

The subpoena on Capital One, issued by the Financial Services Committee, seeks records related to multiple entities tied to the Trump Organization's hotel business.

In March, before issuing their subpoena, Democratic lawmakers asked Capital One for documents concerning potential conflicts of interest tied to Trump's Washington hotel and other business interests since he became president in January 2017.

In asking Ramos to block the subpoenas on Wednesday, a lawyer for the Trumps argued that they exceeded the authority of Congress and were "the epitome of an inquiry into private or personal matters."

Ramos, however, found that they were allowed under the broad authority of Congress to conduct investigations to further legislation.

Ramos' ruling came just two days after a federal judge in Washington ruled against the president in a similar case, finding that Trump's accounting firm, Mazars LLP, must comply with a congressional subpoena for Trump's financial records.

Reporting By Brendan Pierson in New York; editing by Susan Thomas

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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.

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