Trump sues Deutsche Bank to block Congress prying into his accounts
US President Donald Trump, along with his family and businesses, on Monday sued Deutsche Bank and Capital One in an attempt to stop them from complying with Congressional subpoenas issued as part of a probe into foreign political influence.
The subpoenas which the Trumps described in their suit as “intrusive and overboard” were issued to several banks by the
The suit accuses Congress of stepping beyond its law-making mandate into law enforcement, and says the subpoenas violate the privacy rights of Trump and his family. Deutsche Bank was one of the few major Western financial institutions to continue to lend to Trump’s real estate empire after several of its casinos went bankrupt in the 1990s, resulting in claims by creditors valued at $330 million in present-day dollars. We remain committed to providing appropriate information to all authorised investigations and will abide by a court order regarding such investigations,” the German bank said in a statement. The latest Trump suit comes weeks after the release of a heavily redacted version of the Mueller report, which concluded a near-two-year investigation into Russian interference in the 2016 election. The president described it as a “complete exoneration.” But Democrats believe the investigation has revealed serious wrongdoing by Trump and have not yet decided on whether they want to push for impeachment.