The top Democrats on three House committees — Oversight, Financial Services and Intelligence — asked Capital One last month to provide documents related to a wide variety of entities controlled by the President, as part of what they said were investigations into Trump’s potential conflicts of interest, Emoluments Clause concerns, and “any counterintelligence threats.”
In response, Politico reported Thursday, Capital One told the chairmen in a letter dated March 21 that they would have to subpoena the company for records they wanted, “[g]iven the confidentiality obligations we have as a financial institution.”
“As requested,” a lawyer for the company wrote, “we are preserving the documents and materials listed in the request attached to your letter.”
Politico also reported on a rival letter from Trump allies Reps. Jim Jordan (R-OH) and Mark Meadows (R-NC), who said the Democrats’ request “has the veneer of a fishing expedition.”
House Democrats have a number of related requests outstanding, including in letters to Trump’s accountant, requesting financial information, and to the IRS, requesting the President’s tax returns and those of several of his business entities.
The requests, Politico noted, follow testimony from Trump’s former fixer Michael Cohen that Trump had in the past artificially inflated and deflated the value of his assets as necessary to suit his financial ends.
Is the rule to ask nicely first on this stuff, rather than just lay a subpoena on them point blank?
The GOPers should have began these investigations when they controlled both chambers. But no, they were more interested in kissing up to their corrupted king.
Trump has tagged Barr his buffer to stave off any efforts to comply with Dems investigation requests. Unfortunately, the Dems do not have a choice. They took an oath to defend our government from both domestic and foreign enemies!
This voter wants the Dems to DO THEIR JOB and fully investigate anyone who looks and act like a bona fide criminal!
Just a matter of time Trump will be taking swings at Barr, because he’s losing this Mueller Report battle. Mueller has shown us time and again, he’s a WINNER, without a doubt!
OK, subpoenas forthcoming.
This is normal. If I were Capital One I would have done exactly the same thing. Now the committee will issue a subpoena, the bank will comply and will have fulfilled their legal obligations, both to their clients and to Congress.
Yep, this is just how the process is supposed to work. Noxious bag of egg-farts Donald Trump deserves the same legal protections as people who are not obviously guilty as sin.