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Wed May 22, 2019, 03:58 PM

Judge says Deutsche Bank, Capital One can give Trump financial records to House Democrats

Source: CNBC

A federal judge in New York City on Wednesday said Deutsche Bank and Capitol One can turn over financial documents related to President Donald Trump and his businesses in response to subpoenas from House Democrats.

Judge Edgardo Ramos’s ruling came after a hearing at which lawyers for Trump, his three older children, and the Trump Organization argued that the subpoenas to the two banks should be quashed. His decision came two days after another federal judge, in Washington, D.C., said Trump’s accountants at the firm Mazars LLP had to comply with a congressional subpoena for his financial records.

Deutsche Bank for years has been the main lender for Trump, whom other banks have avoided loaning money to because of his repeated bankruptcies. Capital One is in posssesion of financial records related to the Trump Organization’s hotels. Neither bank had opposed the subpoeanas.

But the Trump family’s lawyers, in a lawsuit filed in late April, challenged the demands for financial documents to the lenders, saying House Democrats “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.”

Trump has said he is “fighting all the subpoenas” issued by the Democratic-led House.

(edited for first update)

Read more: https://www.cnbc.com/2019/05/22/judge-says-deutsche-bank-can-give-trump-financial-records-to-democrats.html?__source=iosappshare%7Ccom.apple.UIKit.activity.PostToTwitter

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Always highlight: 10 newest replies | Replies posted after I mark a forum
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Reply Judge says Deutsche Bank, Capital One can give Trump financial records to House Democrats (Original post)
Mrs. Overall May 22 OP
Laura PourMeADrink May 22 #1
Gothmog May 22 #2
BumRushDaShow May 22 #3
Chrysanthemum May 22 #6
BumRushDaShow May 22 #8
40RatRod May 22 #11
dixiegrrrrl May 27 #13
Gothmog May 22 #4
pnwmom May 22 #5
Gothmog May 22 #7
iluvtennis May 22 #9
Julian Englis May 22 #10
durablend May 23 #12

Response to Mrs. Overall (Original post)

Wed May 22, 2019, 04:04 PM

1. Oh boy...can just hear the Bigot-in-Chief say something about judge.

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Response to Mrs. Overall (Original post)

Wed May 22, 2019, 04:06 PM

2. Judge rejects Trump's request to halt congressional subpoenas for his banking records

This is great news https://www.washingtonpost.com/news/politics/wp/2019/05/22/judge-rejects-trumps-request-to-halt-congressional-subpoenas-for-his-banking-records/?utm_term=.f3a72cf4b668

A federal judge on Wednesday said Deutsche Bank and Capital One may hand over the president’s financial records to Democrats in the House.
This is a developing story. It will be updated.

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Response to Mrs. Overall (Original post)

Wed May 22, 2019, 04:07 PM

3. K&R



ETA - David Corn tweet -




TEXT
David Corn

@DavidCornDC

Key point from the judge in the case regarding Trump's Deutsche Bank records.
Adam Klasfeld

@KlasfeldReports
Replying to @KlasfeldReports

Ramos read this citation: "Without the power to investigate... Congress could be seriously handicapped in its efforts to exercise its constitutional function wisely and effectively." https://www.law.cornell.edu/supremecourt/text/349/155


4:03 PM - May 22, 2019


Citation given - https://www.law.cornell.edu/supremecourt/text/349/155

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Response to BumRushDaShow (Reply #3)

Wed May 22, 2019, 05:43 PM

6. Shall versus can

I wish the judge had said "shall" instead of "can". "Can" makes it sound optional.

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Response to Chrysanthemum (Reply #6)

Wed May 22, 2019, 05:58 PM

8. I think in this case, the judge was quoting the narrative from a previous case

I just added the graphic of the screenshot that had been in the tweet that Corn pointed to that the judge cited.

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Response to Chrysanthemum (Reply #6)

Wed May 22, 2019, 09:58 PM

11. Good point...

I had the term "can" versus "shall" rule against me in a grievance promotion claim that cost me dearly because of the ruling as "can". But it was well worth it when when the regulation was required to be rewritten as a result of my complaint, which would affect others in the future as "shall", even until today in similar situations. The squeaky wheel sometimes really does get the grease, even for others.

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Response to BumRushDaShow (Reply #3)

Mon May 27, 2019, 12:38 AM

13. Thus framing it as a Constitutional issue, which is damn hard to appeal.



Which of course, it is.

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Response to Mrs. Overall (Original post)

Wed May 22, 2019, 04:11 PM

4. For this thread

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Response to Mrs. Overall (Original post)

Wed May 22, 2019, 05:57 PM

7. Judge Told Trump Attorneys Their Case To Block Subpoenas Isn't 'Serious'




The bench ruling came two days after D.C. federal judge Amit Mehta issued a lengthy and broad opinion denying a similar request from Trump to shut down a Congressional subpoena to his accountant Mazars. In that opinion, Mehta compared Trump’s behavior to that of President Buchanan.

Ramos called Mehta’s opinion “thorough,” and quoted it in his own ruling.

Ramos’s decision came after lengthy and contentious oral arguments, during which the judge took pain to grill both sides.

The private attorney representing Trump at the hearing — Patrick Strawbridge of Consovoy McCarthy Park — stammered as he attempted to respond to an initial volley of questions from Ramos.

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Response to Mrs. Overall (Original post)

Wed May 22, 2019, 07:56 PM

9. Most excellent.

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Response to Mrs. Overall (Original post)

Wed May 22, 2019, 08:28 PM

10. When will tRump attack judge Ramos for having a Hispanic name?

Just asking

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Response to Julian Englis (Reply #10)

Thu May 23, 2019, 09:00 AM

12. That all?

I'd expect Trump will order him to be deported

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