[ad_1]
The bank responded that it needed a Democrat summons to respond to this request.
This latest demand is the latest development in the growing number of investigations launched by thirsty House Democrats, covering all aspects of Trump's presidency, business and financial ties. This week alone, Democrats in the House have summoned subpoenas to obtain information on White House security clearances and administrative discussions on the 2020 census, while allowing subpoenas to appear in the House of Commons report. Robert Mueller special advocate and intensifying their efforts to better understand the finances and taxes of the president.
In a letter to Capital One's Managing Director, Richard Fairbank, three Democratic committee presidents – Elijah Cummings, chairman of the supervisory board, Adam Schiff, president of the intelligence services, and Maxine Waters, president of the financial services – asked for information Trump International hotels in Washington, including suspicious activities identified by Capital First, anti-money laundering review materials and "any real estate transaction" documents.
"House committees in charge of oversight and reform, financial services and intelligence are studying several overlapping issues, including potential conflicts of financial interests of the president, compliance with the US Constitution domestic and foreign emoluments and counter-espionage threats arising from links or coordination between US citizens and other foreign entities, including any financial or other compromises or leverage on the president and his commercial interests ", have writes the Democrats.
The Democrats later wrote that the Trump Hotel was "one, but not the only central point of this investigation".
Then, in a letter dated March 21, Capital One wrote to the committee chairs that they would need a subpoena to comply with the request.
"As requested, we preserve the documents and documents listed in the application attached to your letter.Because of the confidentiality obligations we have as a financial institution, including under federal and federal laws, we respectfully request that any production of documents be in accordance with a subpoena rather than an informal request.Not hesitate to email me this email, and Capital One will waive any formal service requirement ", says the letter.
The news of the Democrats' investigation was revealed in a letter from Republican Jim Jordan, a current member of the Monitoring Committee, and Republican Republican of North Carolina Mark Meadows, who attacked the Democrats for overtaking part of their document request.
"If we understand the reason for being in demand, we are basically looking for 15 separate categories and sub-categories of documents relating to the finances and holdings of business entities previously associated with President Trump," they said. written in the memo. "The application also applies to any documents provided in response to" any application, subpoena, investigation or investigation, emanating from a federal agency or from a US state, including, but without justification. There, the Office of the Special Counsel, Robert Mueller III, "Derivative claim is not a good practice and has the varnish of a fishing expedition." Investigations simply aimed at harming the electoral prospects of the United States. a future candidate for a position are inappropriate at first glance. "
Republicans also claimed that the Democrats "did not consult the Republican members of the Committee before opening its investigation." We understand that your company has responded in writing to this request. 39, it is necessary to inform you directly of our concerns about this partisan and inappropriate investigation, "wrote Jordan and Meadows.
Cummings had set the 10-year-old Troms finance firm Mazars USA, the firm's accounting firm, as part of its Trump finance survey.
"The accounting firm told us that they would react and that they just wanted a subpoena," the Maryland Democrat told reporters Wednesday. "They told us that they would provide the information about when they would be subpoenaed, and we will give them a subpoena."
Michael Cohen, a former lawyer and presidential adviser who accused Trump of financial fraud, presented the committee with three years of financial statements prepared by Mazars. According to the latter, Trump inflated his fortune while he was trying to buy the Buffalo Bills from the National Football League.
This story has been updated with additional developments on Thursday.
[ad_2]
Source link