Accordingly a federal judge in New York is refusing to block congressional subpoenas seeking financial records from two banks that did business with President Donald Trump. Reportedly US District Judge Edgardo Ramos said during a hearing Wednesday that Trump and his company were unlikely to succeed in a lawsuit arguing that the subpoenas were unlawful and unconstitutional.
Meanwhile democrats in Congress have sought the information from Deutsche Bank Capital one. Deutsche Bank has lent Trump's real estate company millions of dollars over the years. Furthermore the lawyers for the House Financial Services and Intelligence committees say they need access to documents from the banks to investigate possible "foreign influence in the US political process."
Apparently a judge is poised to hear oral arguments Wednesday over President Donald Trump's effort to block congressional subpoenas seeking financial records from two banks. Meanwhile the hearing occurs after congressional Democrats sought the information from Deutsche Bank and Capital one, where Trump, his family and his company contend in a Manhattan federal court lawsuit that the subpoenas are unlawful and unenforceable. Deutsche Bank has lent Trump's real estate company millions of dollars over the years.
