Financial news

The Latest: Bank sued by Trump ‘committed’ to providing data

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Via Fox Business

The Latest on President Donald Trump’s lawsuit (all times local):

6:35 a.m.

A German bank being sued by President Donald Trump in his attempt to block congressional subpoenas for his business records says it’s “committed to providing appropriate information.”

Deutsche (DOY’-chuh) Bank spokeswoman Kerrie McHugh said Tuesday in a statement, “We remain committed to providing appropriate information to all authorized investigations and will abide by a court order regarding such investigations.”

Trump is suing Deutsche Bank and Capital One. The lawsuit by Trump, his sons Donald Jr. and Eric and his daughter Ivanka was filed Monday in federal court in New York.

Two House committees subpoenaed Deutsche Bank and several other financial institutions this month as part of investigations into Trump’s finances.

The Trump lawsuit seeks to block the financial institutions from disclosing information and complying with the subpoenas.

Capital One hasn’t responded to a request for comment.

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5:40 a.m.

President Donald Trump is suing Deutsche (DOY’-chuh) Bank and Capital One in an attempt to block congressional subpoenas for his business records.

The lawsuit by Trump, his sons Donald Jr. and Eric and his 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 Trump’s finances.

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.

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The banks have not responded to requests for comment.

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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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