Trump sues banks to try to block House subpoenas for records

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WASHINGTON (AP) — President Donald Trump, his family and the Trump Organization filed a lawsuit against
Deutsche Bank and Capital One in an attempt to block congressional subpoenas seeking their banking and
financial records.
The lawsuit by Trump, sons Donald Jr. and Eric and daughter Ivanka was filed Monday in federal court in
New York. The Trump Organization and the Donald J. Trump Revocable Trust are among the other plaintiffs.

Two House committees subpoenaed Deutsche Bank and several other financial institutions earlier this month
as part of investigations into the Republican president’s finances.
House Intelligence Committee Chairman Adam Schiff, D-Calif., said at the time that the subpoenas were
part of an investigation "into allegations of potential foreign influence on the U.S. political
process." He has said he wants to know whether Russians used laundered money for transactions with
the Trump Organization. Trump’s businesses have benefited from Russian investment over the years.
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.

"The subpoenas were issued to harass President Donald J. Trump, to rummage through every aspect of
his personal finances, his businesses, and the private information of the President and his family, and
to ferret about for any material that might be used to cause him political damage," the lawsuit
said.
Schiff, chairman of the House intelligence committee, and fellow Democratic Rep. Maxine Waters, who heads
the House Financial Services Committee, issued a joint statement accusing the president of trying to
"put off meaningful accountability as long as possible."
"The meritless lawsuit filed today by President Trump to block duly authorized subpoenas to
non-governmental entities is another demonstration of the depths to which President Trump will go to
obstruct Congress’s constitutional oversight authority," they said late Monday.
Eric Trump, executive vice president of The Trump Organization, called Democrats "deranged" and
the subpoenas a form of "presidential harassment."
"This is all these people do," he said Tuesday on Fox News Channel’s "Fox &
Friends." ”They don’t want to do their jobs. They want to harass Trump."
The lawsuit also charges that the committees "ignored the constitutional limits on Congress’ power
to investigate" and that the subpoenas "lack any legitimate legislative purpose."
When the subpoenas were issued April 15, Eric Trump called them "an unprecedented abuse of power and
simply the latest attempt by House Democrats to attack the President and our family for political
gain."
Schiff and Waters said Trump’s "unprecedented stonewalling will not work, and the American people
deserve better."
Deutsche Bank, a German asset management firm, has lent Trump’s real estate organization millions of
dollars over time.
"We remain committed to providing appropriate information to all authorized investigations and will
abide by a court order regarding such investigations," Deutsche Bank spokeswoman Kerrie McHugh said
in a statement Tuesday.
Capital One did not immediately respond to a request for comment.
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Associated Press writer Mary Clare Jalonick contributed to this report.
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This story has been corrected to show Trump wants a judge to declare the subpoenas unenforceable, not
enforceable.

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