Trump attorneys say banks have agreed not to turn over financial records until court ruling

Attorneys for President TrumpDonald John TrumpCNN's Don Lemon explains handling of segment after Trump criticism NPR reporter after Pompeo clash: Journalists don't interview government officials to score 'political points' Lawyer says Parnas can't attend Senate trial due to ankle bracelet MORE said in a court filing Wednesday that Deutsche Bank and Capital One have agreed not to produce any financial records requested under congressional subpoenas until after a federal judge rules on whether to issue a preliminary injunction in the case.

Trump, his family and his private businesses sued the banks earlier this week to block the subpoenas for the financial records, but this filing indicates that the release of any documents has been put off until a judge makes an initial ruling.

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The president’s attorneys also stated that attorneys for the House plan to intervene in the case as defendants, meaning they will now be the subject of the lawsuit.

Trump’s lawyers said they plan to file a motion for a preliminary injunction by May 3 and can appear in court for a hearing the week of May 20.

This lawsuit was filed late Monday in an attempt to block congressional subpoenas issued by House Financial Services Chairwoman Maxine WatersMaxine Moore WatersHouse holds moment of silence for Kobe Bryant Gearing up for a chaotic year on K Street Maxine Waters: Republicans 'shielding' Trump 'going to be responsible for dragging us to war' MORE (D-Calif.) and House Intelligence Committee Chairman Adam SchiffAdam Bennett SchiffTrump allies throw jabs at Bolton over book's claims GOP senator plans to ask about Bidens, whistleblower in impeachment trial Parnas asks court for permission to turn over more evidence to Democrats MORE (D-Calif.) for financial records tied to the president.

The president's lawyers argued that it was an overreach of power by Congress to seek the records and that it was an attempt to attack Trump's reputation ahead of the 2020 election.

House Democrats have criticized the lawsuit as "unprecedented stonewalling."

Trump and his businesses have also sued House Oversight and Reform Committee Chairman Elijah CummingsElijah Eugene CummingsBaltimore unveils plaques for courthouse to be named after Elijah Cummings GOP leaders encourage retiring lawmakers to give up committee posts Pelosi taps Virginia Democrat for key post on economic panel MORE (D-Md.) to block another congressional subpoena seeking financial records from the accounting firm Mazars.