Article snippet: filed a federal lawsuit late Monday against Deutsche Bank and Capital One in an attempt to block the financial institutions from complying with congressional subpoenas. The lawsuit, filed in the Southern District of New York, comes after House Intelligence Committee Chairman it was reported that Deutsche Bank has started turning over Trump’s financial documents to the New York state attorney general’s office in response to a subpoena.The Hill has reached out to Capital One and Deutsche Bank for comment. In a statement, Trump’s legal team said they filed the lawsuit “to protect the privacy rights of the President, his family and their businesses.”“Every citizen should be concerned about this sweeping, lawless, invasion of privacy," the lawyers said. "We look forward to vindicating our clients’ rights in this matter.”The complaint filed Monday alleges that the subpoenas are sweeping and overbroad. For example, Trump’s lawyers state that the request issued to Deutsche Bank applies to “parents, subsidiaries, affiliates, branches, divisions, partnerships, properties, groups, special purpose entities, joint ventures, predecessors, successors or any other entity in which they have or had a controlling interest.”In a joint statement, Schiff and Waters called the lawsuit “another demonstration of the depths to which President Trump will go to obstruct Congress’s constitutional oversight authority.” “This lawsuit is not designed to succeed; it is only designed to put off... Link to the full article to read more
Trump family, businesses sue in effort to block banks from complying with subpoenas | TheHill
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