Democrats looking for Trump's financial documents at his bank

Last month, three powerful Democrats in the House asked Capital One Financial to provide him with financial documents regarding President Trump, including those provided to Special Advocate Robert S. Mueller III.

The bank responded on March 21 that it kept the requested documents but would not deliver them only on assignment, according to a copy of the letter from Brent Timberlake, the board of the company.

The request came from Elijah E. Cummings (Md.), Chair of the Oversight Committee, Maxine Waters (California), Chair of the Financial Services Committee, and Adam B. Schiff (California), Chair of the Intelligence Committee.

Republican Representative Jim Jordan (Ohio) and Republican on the government operations subcommittee, Rep. Mark Meadows (NC), on Thursday called Democrats' request for a "fishing expedition."

"Investigations simply to undermine the electoral prospects of a future job candidate are inappropriate," they wrote to Capital One Financial CEO Richard D. Fairbank.

They also complained that they were not consulted before the Democrats sent a request to Fairbank on March 11, asking for a wide range of documents relating to Trump's finances and assets.

The news of this demand comes one day after the Democrats in the House dramatically escalated their investigations of President Trump.

On Wednesday, the Judiciary Committee of the House voted to authorize President Jerrold Nadler (D-N.Y.) To assign Mueller's full report. A few hours later, Ways and Means president Richard E. Neal (D-Mass.), Officially asked the IRS to submit his tax returns to Trump, sparking a wave of protests against the GOP.

In addition, Cummings announced on Wednesday that New York-based Trump's accounting firm would be responding to a 10-year record request for Trump's work if he received a subpoena to appear before Congress. . His committee had asked Mazars USA for copies of "statements of financial position" and audits prepared for Trump and several of its companies, including the one that owns the Trump International Hotel in downtown Washington.

The committee also asked for the supporting documents used to produce the reports and communications between the company and Trump.

For more than ten years, Mazars USA and a predecessor company have approved Trump's financial statements, which he used to obtain a loan. Some of the statements included frequent exaggerations or inaccuracies in Trump's assets and were accompanied by a note from the company stating that it was not responsible for the accuracy of the information.

Democrats are investigating Trump for conflict of interest and seeking to use his presidency for financial gain.