Trump attorneys say banks have agreed not to turn over financial records until court ruling | TheHill – The Hill

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Attorneys for President TrumpDonald John TrumpKhalifa Haftar is no longer part of Libya’s solution Poll: 70 percent of Dems support impeachment hearings after Mueller report Seattle mayor: Federalizing local law enforcement in sanctuary cities isn’t making America safer MORE said in a court filing Wednesday that Deutsche Bank and Capital One have agreed not to produce any financial records requested under congressional subpoenas until after a federal judge rules on whether to issue a preliminary injunction in the case.

Trump, his family and his private businesses sued the banks earlier this week to block the subpoenas for the financial records, but this filing indicates that the release of any documents has been put off until a judge makes an initial ruling.

The president’s attorneys also stated that attorneys for the House plan to intervene in the case as defendants, meaning they will now be the subject of the lawsuit.

Trump’s lawyers said they plan to file a motion for a preliminary injunction by May 3 and can appear in court for a hearing the week of May 20.

This lawsuit was filed late Monday in an attempt to block congressional subpoenas issued by House Financial Services Chairwoman Maxine WatersMaxine Moore WatersWilliam Barr should be scrutinized on his record rather than rhetoric Federal judge rejects Trump request to dismiss Democrats’ Emoluments Clause lawsuit Angela Davis, Ayanna Pressley lead rally in support of Ilhan Omar MORE (D-Calif.) and House Intelligence Committee Chairman Adam SchiffAdam Bennett SchiffSchiff calls for Barr to step down over ‘misleading public’ House Dems eye contempt charges for Trump officials Federal judge rejects Trump request to dismiss Democrats’ Emoluments Clause lawsuit MORE (D-Calif.) for financial records tied to the president.

The president’s lawyers argued that it was an overreach of power by Congress to seek the records and that it was an attempt to attack Trump’s reputation ahead of the 2020 election.

House Democrats have criticized the lawsuit as “unprecedented stonewalling.”

Trump and his businesses have also sued House Oversight and Reform Committee Chairman Elijah CummingsElijah Eugene CummingsWhite House refuses House Democrats’ request for security clearance documents House Dems eye contempt charges for Trump officials Federal judge rejects Trump request to dismiss Democrats’ Emoluments Clause lawsuit MORE (D-Md.) to block another congressional subpoena seeking financial records from the accounting firm Mazars.

Source Article from https://thehill.com/regulation/court-battles/441693-trump-attorneys-say-banks-have-agreed-to-not-turn-over-financial

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