|Adam Schiff and Maxine Waters
THE GUARDIAN – Donald Trump, three of his children and seven of his companies have filed a US federal lawsuit against Deutsche Bank and Capital One in an attempt to stop them from complying with subpoenas investigating his
financial dealings. Filed late on Monday in a federal court in New York, the lawsuit stated that demands for records by Democrat-controlled house committees have no legitimate or lawful purpose.
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.
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,” according to Trump’s Attorney. “They seek information going back decades from anyone with even a tangential connection to the President, including children, minors and spouses
The committees are reportedly seeking documents and materials relating to the bank’s longstanding relationship with Mr Trump and his family. Representative Adam Schiff, the Democratic chairman of the House Intelligence Committee, said the subpoenas were part of an investigation “into allegations of potential foreign influence on the US political process”.
In 2017, the bank rejected requests by Democrats in the House of Representatives to provide details of the president’s finances, citing privacy laws.