Deutsche Bank says records sought by Democrats include tax returns

By Brendan Pierson NEW YORK (Reuters) - 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

Reuters August 28, 2019 03:06:35 IST
Deutsche Bank says records sought by Democrats include tax returns

Deutsche Bank says records sought by Democrats include tax returns

By Brendan Pierson

NEW YORK (Reuters) - 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.

Two committees in the U.S. House of Representatives subpoenaed Deutsche Bank in April to provide financial records belonging to the president and his children Donald Trump Jr., Ivanka Trump and Eric Trump.

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 the names were redacted from the filing.

A lawyer for the Trumps could not immediately be reached for comment. Deutsche Bank declined to comment.

The subpoenas on Deutsche Bank, issued by the House Financial Services Committee and the Intelligence Committee, seek records of accounts, transactions and investments linked to the Trumps, immediate family members and several Trump Organization entities, plus records of possible ties to foreign entities.

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. [nL2N25J0YL]

The Trumps are also seeking to block a separate subpoena served by the Financial Services Committee on Capital One Financial Corp seeks records related to the Trump Organization's hotel business.

(Reporting by Brendan Pierson in New York; Editing by Sonya Hepinstall)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

TAGS:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

British newspaper distribution hit by Extinction Rebellion blockade
Business

British newspaper distribution hit by Extinction Rebellion blockade

By James Davey LONDON (Reuters) - Distribution of several British newspapers was disrupted on Saturday after climate change activists blockaded printworks used by Rupert Murdoch's News UK, publisher of The Times and The Sun, drawing condemnation from Prime Minister Boris Johnson.

'Keep calm and support Barnier': French minister denies Brexit negotiator sidelined
Business

'Keep calm and support Barnier': French minister denies Brexit negotiator sidelined

PARIS (Reuters) - France denied the European Union's Brexit negotiator Michel Barnier was about to be sidelined by EU leaders in a bid to break the deadlock in trade talks, as reported by British newspaper the Daily Telegraph. Twisting a famous British war slogan, European affairs minister Clement Beaune tweeted on Saturday: "Keep calm and support Michel Barnier".

Mexico rejects ex-President Calderon's bid to register new political party
World

Mexico rejects ex-President Calderon's bid to register new political party

MEXICO CITY (Reuters) - Mexico's National Electoral Institute (INE) has denied former President Felipe Calderon's bid to register his Free Mexico movement as a new political party, saying some of its funding was questionable.