Embattled Deutsche Bank stopped short of telling a federal appeals court Tuesday that it possesses copies of President Trump’s tax returns – but it did indicate that it has documents responsive to a key subpoena request from House Democrats.
The longtime Trump lender told the Second Circuit Court of Appeals that “extensive searches” within the bank showed that it has the returns for at least one individual whose identity was redacted from the letter, as well as the same documents for people “who may constitute ‘immediate family.'”
The letter comes after a court hearing on Friday in which judges on the appeals court demanded to know whether Deutsche Bank or another Trump bank involved in the lawsuit – Capital One – had copies of the President’s tax returns. The banks refused to tell the court at the hearing, prompting the judges to issue an order.
Trump hired personal attorneys to sue Deutsche and Capital One in a bid to prevent them from complying with congressional subpoenas for his financial records.
A redacted copy of the subpoena filed in the appeals court docket shows that President Trump was targeted by the demand, along with his children Donald Jr., Ivanka, Eric, at least seven of his business entities, and members of his “immediate family.” Two other targets on the subpoena are redacted.
Deutsche’s letter, while redacted, says that the bank “does not believe” it has returns for anyone apart from “those identified above” in the redacted portion.
House Financial Services Committee chair Rep. Maxine Waters (D-CA) and Intelligence Committee chair Rep. Adam Schiff (D-CA) issued subpoenas to Deutsche Bank and Capital One in April.
In a separate Tuesday letter to the court, Capital One said that it does not possess copies of the tax returns.
Deutsche Bank told the court that “public confirmation” of whose returns it possessed would “‘reveal specific details of the manner in which’ customers” went about their personal banking activities.
Trump appealed a lower court ruling that upheld the subpoena in May, after a district judge told personal attorneys for the President that their case was not “serious.”
Read the filing here:
Trump’s looking for the button to order his Diet Coke.
They are not sure they have them???
This guy sure thinks they do:
”TRUMP hired personal attorneys to sue Deutsche and Capital One in a bid to prevent them from complying with congressional subpoenas for his financial records.”
“Tantalizing…”?? Stop pissing around! What is this charades?? Pull their charter! Throw them out of the U.S. marketplace. Subpoena their entire board of directors. Hold their CEO and CFO personally liable. This isn’t a fucking word game! Chrissakes!
Of course they have the returns. The redacted letter is what was filed in the public record. I doubt that Deutsche Bank gave the judge a letter with redactions - their lawyers would be in contempt right now.
ETA: The end of the letter specifically indicates, “Deutsche Bank respectfully submits the full unredacted version of this letter under seal.”
But …
“Deutsche Bank told the court that “public confirmation” of whose returns it possessed would “‘reveal specific details of the manner in which’ customers” went about their personal banking activities.”
Yeah, keep that info from me. I’d be devastated to know that if I applied for a huge loan from your bank I’d have to give you my tax returns. Or that a former reality TV show host had to do so.
110% certain that DB has his tax returns. Now Whether Donnie changed them, or left off pages, or somehow lied on his application, that is an open question.
Just another reason why Trump’s arguments re his TAXES are merit less. If he gave them to a bank, he has lost any interest in preventing congress from having them. You can’t pick and chose who you disclose to…