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Trump Organization Sues Banks in Bid to Resist Congressional Subpoenas

HeadlineApr 30, 2019

President Trump and the Trump Organization are suing Capital One and Deutsche Bank in an effort to block them from turning over financial records to congressional committees. This month, House Democrats issued subpoenas for the records as part of several probes into the Trump family’s myriad businesses. The New York Attorney General’s Office is also investigating Trump’s ties to Deutsche Bank. Last month, The New York Times reported Deutsche Bank loaned over $2 billion to Trump for real estate deals over nearly two decades, even when other banks refused to do so. Trump still had over $300 million in outstanding loans from Deutsche Bank when he took office in 2016.

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