Appeals Court Orders Trump's Banks To Give His Financial Records To Congress
President Donald Trump lost another appeal to keep his financial records from public view after a federal appeals court ruled on Tuesday that Deutsche Bank and Capital One can comply with a House subpoena requesting the documents, CNBC reported.
The U.S. Second Circuit Court of Appeals decision is yet another loss for the president, who is working to keep his financial and tax documents private, including those subpoenaed by state prosecutors in New York.
CNBC reported that the case is likely to end up at the Supreme Court, along with two other lower court rulings Trump’s attorneys have appealed.
Those cases involve subpoenas for the president’s tax records from accounting firm Mazars USA: in one, “the federal appeals court in Washington, D.C., … ordered Mazars to comply with a subpoena issued by the House Oversight Committee”; the other involves New York state prosecutors.
Trump's attorneys have had no success in the lower courts with their "arguments that he is protected from criminal prosecution while president and that the House's investigations into his financial dealings 'serve no legitimate legislative purpose' have both been struck down by judges and appeals courts."