Trump asks appeals court to reconsider Twitter-blocking case

Trump to square off in court with House Democrats over financial records

Trump to square off in court with House Democrats over financial records

Trump is now in the process of appealing a district court ruling that would require the banks to hand over his financial records, as well as the financial records of his companies and his three eldest children.

The case, before the 2nd U.S. Circuit Court of Appeals in Manhattan, is one of several legal battles between the Democrats, who took control of the U.S. House of Representatives in January, and the Republican president, who is seeking re-election in November 2020.

Lawmakers issued subpoenas in April, requesting extensive records on Trump, his family and three of his children.

Patrick Strawbridge, a lawyer for the Trumps, told the appellate panel that the committees did not have a "legitimate legislative purpose" for the subpoenas, which he described as too broad.

Earlier this year, U.S. District Judge Edgardo Ramos said it was not a tough decision to allow the subpoenas to proceed, saying Trump and his companies were "highly unlikely" to succeed in challenging them.

Deutsche Bank has always been a principal lender for Trump's real estate business, and a 2017 disclosure form showed that Trump had at least $130 million of liabilities to the bank.

Trump's attorney told the panel that the House Financial Services and Intelligence committees were pushing the boundaries of their powers and that the subpoenas for his banking records didn't serve a legitimate legislative goal.

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"We're investigating massive amounts of Russian money", he said.

She said it made her want to "seriously consider" Justice Department arguments that the Constitution's separation of powers between branches of government requires that the scope of the subpoenas be narrowed.

Letter said it was necessary to obtain many of Trump's and his family's financial records at two banks because he has run a small family business with lots of intersecting parts.

Lawyers for Deutsche Bank and Capital One repeatedly refused Friday to tell an appellate court in NY whether the banks are in possession of President Donald Trump's tax returns, citing "contractual obligations" not to disclose the information and drawing the ire of a panel of judges.

"We're not in a position to answer that question", Raphael Prober, an attorney for Deutsche Bank replied, claiming that "contractual obligations" prevented him from revealing the contents of the documents.

The banks agreed to provide the court a letter within 48 hours addressing the matter, but it was unclear what the letter would specify.

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