House extends subpoena deadline for Deutsche Bank, Capital One

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The House of Representatives has agreed to extend the time for Deutsche Bank AG and Capital One Financial Corp. to respond to subpoenas seeking the bank records of President Donald Trump, his family and several of his companies, until seven days after a federal judge rules on the Trumps’ request to block them.

The Trumps, who sued the banks on Monday to block them from complying with the subpoenas, said in court papers that the institutions were prepared to start turning over the documents beginning May 6. The Trumps said in a filing Wednesday that they’ve agreed to a schedule that would allow for a hearing by the week of May 20.

They also said that the House of Representatives plans to file a formal request, by Friday, to join the suit.

The case is Trump v. Deutsche Bank AG, 19-cv-03826, U.S. District Court, Southern District of New York (Manhattan).

Bloomberg News
Policymaking Crime and misconduct Donald Trump Deutsche Bank Capital One