Sunday, May 26, 2019

House Dems Agree To Halt Subpoena For Trump Financial Records During Appeal

Attorneys for President Trump have reached an agreement with the House Intelligence & Financial Services Committees to quash subpoenas for Trump's financial records from Deutsche Bank and Capital One, according to CNN's Cristina Alesci.

Lawyers for President Trump have reached an agreement with the House Intelligence & Financial Services panels to stay the subpoenas of Trump's financial records from Deutsche Bank & Capital One.

In exchange, Trump's team has agreed to an expedited court schedule in front of three DC Circuit Court of Appeals judges - two of which were appointed by presidents Obama and Clinton, and one Trump appointee.

The panel will determine whether the White House must comply with Congressional demands for his finances, after a lower court initially rejected Trump's attempts to block the subpoena.

Two congressional committees issued subpoenas last month to Deutsche Bank - the president's primary lender over the last 20 years, and Capital One, where he keeps some of his money.

The subpoenas sought decades of personal and corporate financial records, including any documents related to possible suspicious activities detected in Mr. Trump's personal and business accounts.

Mr. Trump, his company and his three eldest children - Donald Jr., Eric and Ivanka - filed a lawsuit on April 29 to block Deutsche Bank and Capital One from complying with the subpoenas.

https://www.zerohedge.com/news/2019-05-25/democrats-agree-quash-subpoena-trump-financial-records-amid-appeal-stay

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