Donald Trump and his three oldest children have sued two different banks to keep them from handing over information to the House of Representatives. The House had issued a subpoena for Trump’s financial records, and the banks refused to hand over the documents. The family has joined their lawsuits together against Capital One and Deutsche Bank to prevent them from handing over their financial records to the Democratic House, saying the subpoenas "have no legitimate or lawful purpose" in the filing.
Both the banks have a long history with Trump’s team and his businesses. This subpoena is asking for virtually all of Trump’s financial records for years.
These subpoenas were ordered by The House Intelligence and Financial Services Committees to look "into allegations of potential foreign influence on the US political process". Trump and his team are fighting against this subpoena in saying that the investigation is “meritless” and holds no substance.
Trump’s lawsuit against these subpoenaed banks is successfully stalling the House of Representatives on their motives to find out about Trump’s financial history. This could stall Congress from much more than that, however. If they are so focused on this one problem, are they really paying attention to much else going on that their constituents need?
Is it right for the House to issue subpoenas for Trump’s financial information? Are there more important things Congress could be doing? What are the grounds that financial subpoenas should be legal in the political process?
