A federal judge in New York City upheld the House Democrats’ subpoenas seeking access to the financial records of President Donald Trump from two banks that had business transactions with him.
On Wednesday, Manhattan District Court Judge Edgardo Ramos ruled that Deutsche Bank and Capitol One must comply with the congressional subpoenas. The banks must submit Trump’s financial records to the House Financial Services and Intelligence committees that requested it.
Judge says the House committees’ subpoenas have “legitimate legislative purpose”
In his ruling, Judge Ramos said the House committees issued the subpoenas for “a legitimate legislative purpose.” He also stated that it is “not the role of the judicial branch to question [Congress’] motives.”
The President, his children and the Trump Organization filed a lawsuit to prevent the banks from complying with the subpoenas. Their lawyers argued that the subpoenas went beyond the authority of the Congress and were seeking Trump’s financial records “expressly for the sake of exposure.”
