President Trump and his family sued Deutsche Bank and Capital One on Monday to block House Democrats subpoenas demanding access documents related to Trump’s finances, according to multiple new reports.
The Trump family lawyers claim the subpoenas are just a means to “harass” Trump and his family and cause him “political damage,” the suit says.
“The subpoenas were issued to harass President Donald J. Trump, to rummage through every aspect of his personal finances, his businesses, and the private information of the President and his family, and to ferret about for any material that might be used to cause him political damage,” the lawsuit said, according to Politico. “No grounds exist to establish any purpose other than a political one.”
House Democrats are interested in Trump’s financial records as part of their probe into how his business empire has influenced political decisions. Deutsche Bank — which has in the past been accused of money-laundering — said in a statement that it still intends to comply with congressional probes, according to Politico.
House Democratic leaders on the House Financial Services Committee and the House Intelligence Committee said a joint statement on Monday that the suit was “meritless” and was filed to force a delay in accountability.
“As a private businessman, Trump routinely used his well-known litigiousness and the threat of lawsuits to intimidate others, but he will find that Congress will not be deterred from carrying out its constitutional responsibilities,” Rep. Maxine Waters (D-CA) and Adam Schiff (D-CA) said in the joint statement.