Trump, his children, and his businesses sue Deutsche Bank, Capital One in bid to thwart House subpoenas

President Trump and Ivanka Trump
(Image credit: Nicholas Kamm/AFP/Getty Images)

Lawyers representing President Trump, his three grown children, and seven Trump Organization companies filed a suit late Monday in a bid to prevent Deutsche Bank and Capital One from complying with congressional subpoenas. Two weeks ago, the House Financial Services Committee and House Intelligence Committee subpoenaed the two banks, requesting information reportedly including potential evidence of money laundering by people in Russia and Eastern Europe.

The lawsuit, filed in federal court in Manhattan, is the latest bid by Trump to shield his personal and business financial records from House Democrats and the public. He has already asked the Treasury Department not to hand over his tax returns and sued his accounting firm and House Oversight Committee Chair Elijah Cummings (D-Md.) to thwart another subpoena.

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Peter Weber, The Week US

Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.