President Trump, his family and the Trump Organization Monday sued Deutsche Bank and Capital One to prevent the companies from complying with Congressional subpoenas.
President Trump, his three children, Ivanka, Don Jr., and Eric; and his business filed a federal lawsuit in New York’s Southern District against the banks Monday.
“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. No grounds exist to establish any purpose other than a political one,” Trump’s attorneys wrote in the complaint filed late Monday.
Trump’s attorneys said the lawsuit is meant to protect Donald Trump, his children and his family business.
“The subpoenas issued to Deutsche Bank and Capital One by Chairpersons Schiff and Waters are unlawful and illegitimate,” the statement read. “They seek information going back decades from anyone with even a tangential connection to the President, including children, minors and spouses. Every citizen should be concerned about this sweeping, lawless, invasion of privacy. We look forward to vindicating our clients’ rights in this matter.”
Deutsche Bank said it will comply with all Congressional subpoenas.
“We remain committed to providing appropriate information to all authorized investigations and will abide by a court order regarding such investigations,” Deutsche Bank said in a statement.
Two weeks ago, Democrat Adam Schiff, the leaker and head of the House Intelligence, and Financial Services Committee Chairwoman Maxine Waters, subpoenaed the Trump Family bank records with Deutsche Bank… because they can.
The rabid House Democrats also subpoenaed Capital One Financial Services for Trump’s financial data.
New York Attorney General Letitia James, who previously vowed to harass Trump, issued a subpoena to Deutsche Bank for documents related Trump’s attempt to buy NFL team Buffalo Bills.
President Trump recently sued Chairman of the House Oversight and Reform Committee Elijah Cummings over his panel’s subpoena to Mazars, Trump’s former accounting firm.