President Donald Trump, three of his children, and seven of his companies filed a federal lawsuit on April 29 against Deutsche Bank and Capital One Financial Corp. to block the banks from complying with congressional subpoenas that seek the family’s banking and financial records.
The federal lawsuit, filed in the U.S. District Court’s Southern District of New York, contended that demands for records by Democrat-controlled House committees have no legitimate or lawful purpose and are so broad they would include transaction records on the Trump family’s personal shopping.
“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,” the lawsuit stated.
It also stated that the Democrats hope “they will stumble upon something they can expose publicly and use as a political tool against the President.”