The decision follows a series of other court rulings that have taken the side against the president in his fight to shield his tax returns.
A New York federal appeals court ruled Tuesday morning that Deutsche Bank must turn over copies of President Donald Trump’s financial records subpoenaed by the House Intelligence and Financial Services committees, marking the latest blow to the president’s effort to keep his financial records private.
The opinion does not mention the ongoing impeachment inquiry proceedings explicitly, but notes that they had been considered in a separate ongoing lawsuit involving Trump’s financial records. The opinion also notes that Trump was subpoenaed for documents related to his personal dealings, and not his business in an official capacity.
"Congressional oversight has deep roots in our nation’s legal and political tradition, and the House subpoenas at issue in this case fall well within Congress’s broad oversight authority," Corod said in a statement.
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