In yet another blow to the Trump administration, a federal judge in New York has rejected his request to keep his banks from producing financial records to lawmakers.
As Bloomberg reports, the Trumps sued Deutsche Bank and Capital One last month to block them from complying with congressional demands for broad financial information.
In a 25-page opinion, U.S. District Judge Edgardo Ramos – an Obama nominee – ruled that while the president, his family and his business would suffer irreparable harm from disclosure of the records, they were “unlikely to succeed on the merits” with their argument that the congressional subpoenas are improper.
The suit is part of a broader effort by the president to push back at House investigations as he runs for re-election next year.
Zero Hedge’s mission is to widen the scope of financial, economic and political information available to the professional investing public, to skeptically examine and, where necessary, attack the flaccid institution that financial journalism has become, to liberate oppressed knowledge, to provide analysis uninhibited by political constraint and to facilitate information’s unending quest for freedom. Visit https://www.zerohedge.com
This post has been republished with permission from a publicly-available RSS feed found on Zero Hedge. The views expressed by the original author(s) do not necessarily reflect the opinions or views of The Libertarian Hub, its owners or administrators. Any images included in the original article belong to and are the sole responsibility of the original author/website. The Libertarian Hub makes no claims of ownership of any imported photos/images and shall not be held liable for any unintended copyright infringement. Submit a DCMA takedown request.