Politics: President Trump's lawyers, House committees reach agreement to hold off on enforcing Deutsche Bank, Capital One subpoenas - PressFrom - US
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PoliticsPresident Trump's lawyers, House committees reach agreement to hold off on enforcing Deutsche Bank, Capital One subpoenas

23:15  25 may  2019
23:15  25 may  2019 Source:   cnn.com

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Deutsche Bank Subpoena Judge May Draw on Ruling Against Trump 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. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.

President Trump's lawyers, House committees reach agreement to hold off on enforcing Deutsche Bank, Capital One subpoenas © Evan Vucci/AP President Donald Trump speaks in the Rose Garden, Wednesday, May 22, 2019, in Washington. (AP Photo/Evan Vucci)

Lawyers for President Donald Trump have reached an agreement with the House Intelligence and Financial Services committees to hold off for now on enforcing the subpoenas for Trump's financial records from Deutsche Bank and Capital One, according to a court document and a source familiar with the agreement.

Similar to a deal reached earlier this week with the House Oversight committee, the agreement allows for an expedited appeal schedule.

"The parties have reached an agreement regarding compliance with and enforcement of the subpoenas during the pendency of Plaintiff's appeal," the court document filed Saturday reads.

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.

Earlier this week, Judge Edgardo Ramos in New York had refused to block the subpoenas, setting off a one-week clock for the Trump team to find a way to prevent extensive financial information from being released. The agreement blocks the subpoenas for now until an appeals court can weigh in.

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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