US BUSINESS Trump sues Deutsche Bank and Capital One over Democrat subpoenas

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US President Donald Trump has sued two banks in a bid to stop them from handing over his financial records to Congress. The lawsuit against Deutsche Bank and Capital One was filed after Democrat-led committees issued subpoenas for information on his finances.

His three eldest children and the Trump Organisation joined the lawsuit, which argues there are no legitimate grounds for investigating his business affairs.

A Deutsche Bank spokeswoman told the New York Times: “We remain committed to providing appropriate information to all authorized investigations“There was no immediate comment from Capital One.

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