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Bloomberg
A US Supreme Court justice temporarily blocked subpoenas that would force Deutsche Bank AG and Capital One Financial Corp to turn over years of President Donald Trump’s financial documents to two House committees.
Justice Ruth Bader Ginsburg put the subpoenas on hold until December 13. The
justices are already scheduled to discuss at a private conference that day whether to take up a separate challenge by Trump to a subpoena by a New York prosecutor for his tax returns.
The request Ginsburg acted stems from a December 3 federal appeals court decision that largely rejected Trump’s contentions that lawmakers were exceeding their authority and intruding on his privacy by sending subpoenas to the banks.
The house intelligence and financial services committees are demanding financial records covering Trump, his family and his businesses. The panels say they have a variety of legislative interests, including investigations of money laundering, terrorist financing and Russian efforts to influence US elections.
Trump’s lawyers asked the Supreme Court to block the subpoenas until the justices act on an appeal he says he will file.
“The committees’ desire to use the president, his family, and his businesses as a case study is not a legitimate legislative purpose,†Trump said.