A federal appeals court in New York says the Democrat-controlled US House may subpoena President Trump's bank records from Deutsche Bank and Capital One, dealing a blow to the President's efforts to block Congress' effort to obtain his financial records.
The House Intelligence and Financial Services committees had subpoenaed the banks, Deutsche Bank and Capital One, for records including Trump's tax returns and those of his family members.
Appeals court ruling on Deutsche Bank and Trump's financial recordsIn this case, Trump sued to block a subpoena to Deutsche Bank and Capital One seeking financial records for Trump, his family and his business. A lower court judge denied Trump's request for a preliminary injunction and Trump appealed the ruling. Read MoreTrump's personal lawyer, Jay Sekulow, suggested the next step will be an appeal to the Supreme Court."We believe the subpoena is invalid as issued.
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