Financial records related to U.S. President Donald Trump and three of his childr...
NEW YORK - Financial records related to U.S. President Donald Trump and three of his children that congressional Democrats have requested from Deutsche Bank AG include tax returns, the bank disclosed in a court filing on Tuesday.
Deutsche Bank’s filing, in the 2nd U.S. Circuit Court of Appeals, revealed that it had tax returns that it would need to hand over if it complied with the subpoenas, which the Trumps are seeking to block. It was not clear whose tax returns it had, because names were redacted from the filing. Deutsche Bank has long been a principal lender for Trump’s real estate business. A 2017 disclosure form showed that Trump had at least $130 million of liabilities to the bank.
A lawyer for the Trumps last week urged the 2nd Circuit to block the bank from handing over the records, saying Congress did not have the authority to demand them. The court has not yet ruled on the case.
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