Trump loses appeal over Capital One, Deutsche Bank subpoenas

Trump, the Trump Organization and the president’s oldest children have steadfastly refused to surrender their records to Congress. Armed with the documents, Democratic lawmakers will be able to more fully explore any conflicts of interest in the executive branch and whether the president has violated the Constitution’s emoluments clauses.

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“A court ruling against him, if upheld by the Supreme Court, would be a major turning point,” Mimi Rocah, a former federal prosecutor in Manhattan and critic of the president, said in an interview before the ruling. “There are some things in those returns that he doesn’t want coming out.”

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Article URL : https://www.americanbanker.com/articles/trump-loses-appeal-over-capital-one-deutsche-bank-subpoenas