• About Us
  • Contact Us
Friday, August 12, 2022
Sada El balad
Supervisor
Elham AbolFateh
Editor in Chief
Mohamed Wadie
  • Home
  • News
  • Business
  • Schools & Universities
  • Arts & Culture
  • Entertainment
  • Hospitality
    • Food & Beverage
    • Travel & Tourism
    • Lodging
    • Recreation
  • Sports
  • MORE
    • Lifestyle
    • Opinion & Analysis
    • Technology
    • In-depth
    • Videos & Features
  • صدي البلد جامعات
  • صدي البلد عقارات
No Result
View All Result
  • Home
  • News
  • Business
  • Schools & Universities
  • Arts & Culture
  • Entertainment
  • Hospitality
    • Food & Beverage
    • Travel & Tourism
    • Lodging
    • Recreation
  • Sports
  • MORE
    • Lifestyle
    • Opinion & Analysis
    • Technology
    • In-depth
    • Videos & Features
  • صدي البلد جامعات
  • صدي البلد عقارات
No Result
View All Result
Sada El balad
Supervisor
Elham AbolFateh
Editor in Chief
Mohamed Wadie

Trump Sues Deutsche Bank, Capital One

Yassmine Elsayed by Yassmine Elsayed
8:23 PM April 30, 2019
Trump Sues Deutsche Bank, Capital One
Share on FacebookShare on Twitter

Documents revealed that U.S. President Donald Trump, three of his children and the Trump Organization sued Deutsche Bank and Capital One, in a bid to block the two from responding to congressional subpoenas.

CNBC reported that the U.S. House issued a subpoena to Deutsche Bank earlier this month and the German lender had said in January that it had received inquiries from Democrat-controlled committees about its links to Trump.

Advertisements

In court filing, the president’s team argued that his political opponents leading the House Intelligence and Financial Services Committees are on a fishing expedition.

“This case involves Congressional subpoenas that have no legitimate or lawful purpose. The subpoenas were issued to harass President Donald J. Trump, to rummage through every aspect of his personal finances, his businesses, and the private information of the President and his family, and to ferret about for any material that might be used to cause him political damage. No grounds exist to establish any purpose other than a political one,” the complaint said.

The filing said the two banks have “long provided business and personal banking services” to the Trumps, and the subpoenas seeking a complete accounting of financial records are an instance of “remarkable over breadth.”

The Trump team said in its filing that it is requesting the court declare the House subpoenas “are invalid and unenforceable,” and that it issue a “permanent injunction quashing the subpoenas.” Additionally, the complaint calls for a “permanent injunction prohibiting Deutsche Bank and Capital One from disclosing, revealing, delivering, or producing the requested information, or otherwise complying with the subpoenas.”

The move came following the president and his business’ suit against Democratic House Oversight Committee Chairman Elijah Cummings last week to block a subpoena seeking information about Trump’s finances.

In that complaint, Trump’s lawyers said that Democrats have “declared all-out political war” against him.

On its part, Deutsche Bank allegedly loaned more than $2 billion to Trump before he became president despite multiple red flags surrounding his businesses, the New York Times reported in March.

In response to the latest development, a Deutsche Bank spokesperson told NBC News: “We remain committed to providing appropriate information to all authorized investigations and will abide by a court order regarding such investigations.”

Related Posts

Drought  Threatens Italy with  Water  Crisis during   Summer
Economy

IGU: Losses Reach up to 80% of Crops due to Climate Change

August 12, 2022
Egypt, UN Celebrate World Youth Day
Economy

World Youth Day: Things to Know about Egypt’s Youth Initiatives

August 12, 2022
Gold Prices Decline after Federal Reserve Hints at Raising Interest Rates
Business

Gold Prices Decline after Federal Reserve Hints at Raising Interest Rates

August 11, 2022
Inflation in Norway Rises to Highest Level in 34 Years
Economy

Norway Inflation Rises to Highest Level in 34 Years

August 10, 2022
Meta Raises $10 Billion in First-ever Bond Offering
Business

Meta Raises $10 Billion in First-ever Bond Offering

August 10, 2022
CBE Announces Increase in Annual Core Inflation to 15.6%
Banks

CBE Announces Increase in Annual Core Inflation to 15.6%

August 10, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Stories

CDC
News

Egypt Monkeypox Free, Says Tag El Din

by Rana Atef
August 11, 2022
0

Dr. Mohamed Awad Tag El Din, the Presidential Advisor for Health Affaris, said, on Thursday, that Egypt is still Monkeypox...

US Approves $89 Mln in Aid to Clear Ukraine Landmines

US Approves $89 Mln in Aid to Clear Ukraine Landmines

August 10, 2022
United Nations Secretary-General António Guterres

Any Attack on Nuclear Plants Is Suicidal, Says Guterres

August 9, 2022
75% of Students Passed Egypt's 2022 Thanaweya Amma Exams: Minister Says

75% of Students Passed Egypt’s 2022 Thanaweya Amma Exams: Minister

August 6, 2022
Get to Know Egypt's Route to Arab Cup Final

Get to Know Egypt’s Route to Arab Cup Final

August 7, 2022

We Chose for You

CDC
News

Egypt Monkeypox Free, Says Tag El Din

by Rana Atef
August 11, 2022
0

Dr. Mohamed Awad Tag El Din, the Presidential Advisor for Health Affaris, said, on Thursday, that Egypt is still Monkeypox...

US Approves $89 Mln in Aid to Clear Ukraine Landmines

US Approves $89 Mln in Aid to Clear Ukraine Landmines

August 10, 2022
United Nations Secretary-General António Guterres

Any Attack on Nuclear Plants Is Suicidal, Says Guterres

August 9, 2022
75% of Students Passed Egypt's 2022 Thanaweya Amma Exams: Minister Says

75% of Students Passed Egypt’s 2022 Thanaweya Amma Exams: Minister

August 6, 2022
Get to Know Egypt's Route to Arab Cup Final

Get to Know Egypt’s Route to Arab Cup Final

August 7, 2022
  • News
  • Antiques
  • Travel & Tourism
  • Business
  • Youth & Education
  • Sports
  • Arts & Culture
  • Lifestyle
  • Technology
  • Entertainment
  • Videos & Features
  • Opinion & Analysis

© 2019 see news -powered by 3a digital.

No Result
View All Result
  • Home
  • News
  • Business
  • Schools & Universities
  • Arts & Culture
  • Entertainment
  • Hospitality
    • Food & Beverage
    • Travel & Tourism
    • Lodging
    • Recreation
  • Sports
  • MORE
    • Lifestyle
    • Opinion & Analysis
    • Technology
    • In-depth
    • Videos & Features
  • صدي البلد جامعات
  • صدي البلد عقارات

© 2019 see news -powered by 3a digital.