For some odd reason, maybe since so many presidents have handed over personal information that really was no one else’s business for public inspection, members of Congress seem to believe that part of their job of “oversight” is to get a good look at the current president – and his children’s – finances. Nothing could be further from the truth as this information is private by law, but that is not stopping a Democrat majority in the House of Representatives from trying to pry.
In fact, the Democrats are so determined to get at this information that they have turned to the banking institutions that serve the president and his family to get at the records.
In the normal course of events with normal politicians, this is usually enough to get the target to cave and either leave the public arena or open up that which is private. However, this time, the target is not normal. He is a street fighter from Queens. That being the case, the president is fighting fire with fire.
President Donald Trump, three of his children — Donald Jr., Eric and Ivanka — and his business are suing two banks to block them from turning over financial records to congressional committees that have issued subpoenas for the information….
The legal action, filed in New York’s Southern District, is against Deutsche Bank, one of Trump’s lenders, and Capital One. Both banks “have long provided business and personal banking services to Plaintiffs,” Trump’s attorneys said.
“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,” Trump’s attorneys wrote in the complaint filed late Monday.
The lawsuit is the latest salvo by the President in efforts to hold off Democratic scrutiny of his business and personal finances, and is similar in legal strategy to actions brought last week against an accounting firm and a congressional chairman.
But Monday’s lawsuit had a slight difference from the suit last week, in that neither the House itself nor House members are being sued. The other lawsuit, in federal court in Washington against the accounting firm Mazars USA and the House Oversight Committee, is also attempting to prevent the House from getting Trump’s financial records.
What the Democrats are expecting to find is anyone’s guess, but their efforts to get at President Trump’s personal business is perfectly transparent. They are looking for something to pin on him when the Internal Revenue Service has not in years worth of auditing.
At this point, it is getting ridiculous.