Deutsche Bank said in a court filing Tuesday that it has tax returns relevant to House Democrats’ subpoenas for financial records of President Trump, his family and his businesses, but the bank didn’t publicly identify whose returns it had.
The name or names of the individuals or entities whose tax returns Deutsche Bank has were redacted in the version of the document posted on the federal courts’ public legal database.
The bank also said in its letter to a federal appeals court in New York that it has tax returns “related to parties not named in the Subpoenas but who may constitute ‘immediate family’ within the definition provided in the Subpoenas.”
The letter comes after appeals court judges ordered Deutsche Bank and Capital One to tell them whether they had any tax returns for people and entities named in the subpoenas.
During a court proceeding on Friday, the banks repeatedly refused to tell the judges whether they possessed Trump’s tax returns, citing “contractual obligations.”
Capital One said in a separate letter Tuesday that it doesn’t have any tax returns that are responsive to its subpoena.
The House Intelligence and Financial Services committees issued subpoenas to Deutsche Bank and Capital One in April. The committees are seeking to obtain financial records of Trump, his three oldest children and certain business entities of the president.
Trump, his family members and businesses subsequently filed a lawsuit in an effort to prevent the banks from providing lawmakers with the information they are seeking.
In May, a district judge ruled that the banks could provide the financial records to House Democrats. Trump then appealed that ruling.
CPO1
Article URL : https://thehill.com/policy/finance/459045-deutsche-bank-tells-court-it-has-tax-returns-tied-to-trump-family-businesses