Corruption

Trump is Suing His Own Bank

JM Ashby
Written by JM Ashby

Trump's lawyers recently filed a lawsuit against House Oversight Committee Chairman Elijah Cummings in an effort to squash a subpoena for financial records from Trump's accounting firm.

Actual lawyers and legal experts who know better than I do would tell that makes no sense whatsoever and I doubt they will feel differently about this.

Trump is now suing his own bank in an attempt to block them from complying with congressional subpoenas.

The attorneys — veteran conservative movement lawyer William Consovoy and Marc Mukasey — repeat a legal theory that Trump has advanced elsewhere: “‘oversight’ and ‘transparency,’ in a vacuum, are not legitimate legislative purposes that can justify subpoenaing a private citizen.”

They go on to argue that Congress can only perform oversight on the executive branch if it is trying to gather information for the specific purpose of enacting a piece of legislation. [...]

Deutsche Bank and Capital One told Trump’s attorneys that they would start to give Congress the requested information by May 6, unless stopped by a court order.

Even trying to imagine the conservative reaction to lawyers for President Obama claiming that congressional oversight is inherently illegitimate made me cackle uncontrollably.

I don't think you have to have a law degree to recognize that this is a preposterous legal theory. And speaking of law degrees, Consovoy and Mukasey must have obtained their degrees from a cereal box.

I presume that Trump's financial situation will deteriorate rapidly when he's out of office and suing Duestche Bank -- the only bank in the world that would still do business with him -- cannot be helpful.

  • muselet

    Eric Trump on “Fox and Friends”:

    “Honestly we’re not adversarial to any of the banks. We’re just saying this is presidential harassment,” he said. “That’s all these people do. … What they want to do, they want to harass Trump. They don’t want to do their jobs. They want to harass Trump.”

    Translation: We’ll need to borrow lots of money in a few years.

    (Oh, and Eric, if you’re reading this, “presidential harassment” isn’t a thing. Just so you know.)

    “By the way, it’s not just my father,” he continued. “It’s, ‘Eric, I want to see all your bank records, I want to know how much money Lara spent for baby formula for Luke. I want to know how many beers Tiffany had on Friday afternoon in Georgetown.’ These are literally things they’re asking for.”

    Bollocks. Nobody, absolutely nobody, wants to know about those things.

    If there was ever any doubt, Eric is definitely Donald Trump’s son: the petulance and whingeing are unmistakable.

    –alopecia

  • Draxiar

    With the scrutiny that trump has inadvertently brought to Douche Bank it’s unlikely they’d ever do business with him again anyway. They have nothing to lose by not dealing with trump again but they have everything to lose by not complying with Congressional subpoenas.

  • gescove

    “..suing Duestche Bank — the only bank in the world that would still do business with him — cannot be helpful.” Trump is not a long game or strategic thinker. He’s a moron.