A federal appeals court ruled Tuesday that Deutsche Bank and
Capital One can hand over years of President Donald Trump’s
financial records in compliance with House Democrats’
subpoenas.
The ruling in the U.S. Second Circuit Court of Appeals offers
another loss in the courts for Trump, who has fought attempts to
obtain his financial records, including his tax returns, through
multiple lawsuits.
The case is likely destined for the Supreme Court, where the
president has already appealed two other lower court rulings
requiring him to share his hidden financial documents.
Neither the White House nor a lawyer for Trump immediately
responded to CNBC’s request for comment on the ruling.
In May, U.S. District Court Judge Edgardo Ramos ruled that the
two banks can comply with subpoenas issued by the Democrat-led
House Intelligence and Financial Services Committees to hand over
financial records related to Trump, his businesses and members of
his family.
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