Trump attorneys request preliminary injunction over subpoenas for financial records

President TrumpDonald John TrumpConway defends herself against Hatch Act allegations amid threat of subpoena How to defuse Gulf tensions and avoid war with Iran Trump says 'stubborn child' Fed 'blew it' by not cutting rates MORE’s attorneys on Friday filed a motion for a preliminary injunction to block two banks from handing over financial records pertaining to him, his family and his private businesses.

The filing was made as part of the president’s legal efforts to stop Deutsche Bank and Capital One from releasing the documents, requested in subpoenas issued by House Financial Services Committee Chairwoman Maxine WatersMaxine Moore WatersOn The Money: S&P hits record as stocks rally on Fed cut hopes | Facebook's new cryptocurrency raises red flags for critics | Internal IRS watchdog rips agency's taxpayer service | Apple seeks tariff relief Facebook's new cryptocurrency raises red flags for critics Facebook's crypto experiment will languish on Capitol Hill MORE (D-Calif.) and House Intelligence Committee Chairman Adam SchiffAdam Bennett SchiffSchiff would support impeachment if White House ignores a final court decision on documents, testimony US finds itself isolated in Iran conflict House Intelligence Committee to subpoena Trump associate Felix Sater MORE (D-Calif.).

In Friday’s filing, the president’s lawyers said that while the banks have agreed not to hand over the records until a judge makes an initial ruling in the case, they require an injunction in order to be able to fully argue in defense of the president.

ADVERTISEMENT

They added that if they lose this ruling, they will appeal the case to higher courts.

The attorneys wrote that Trump, his family and businesses “will suffer irreparable harm because, if this Court does not intervene to preserve the status quo, there will be no way to unring the bell once the Banks give Congress the requested information.”

“The Committees will have reviewed confidential documents that this Court may later determine were illegally subpoenaed. No damages award could ever make Plaintiffs whole. And the denial of temporary relief could prevent any meaningful judicial review of Plaintiffs’ claims.”

The president has also filed a separate lawsuit to block a subpoena from House Oversight and Reform Committee Chairman Elijah CummingsElijah Eugene CummingsThis week: Congress set for clash on Trump's border request Supreme Court set to deliver ruling on census citizenship question House Oversight Committee to vote on authorizing subpoena for Kellyanne Conway MORE (D-Md.) seeking financial records on Trump from the accounting firm Mazars. 

Trump has vowed to "fight all subpoenas" issued in the course of Democratic investigations into him and his administration.