Trump lawyers: House Dems to share 'substantial portions' of subpoenas

Trump lawyers: House Dems to share 'substantial portions' of subpoenas

President TrumpDonald John TrumpStates slashed 4,400 environmental agency jobs in past decade: study Biden hammers Trump over video of world leaders mocking him Iran building hidden arsenal of short-range ballistic missiles in Iraq: report MORE’s attorneys say that lawmakers have agreed to provide them with "substantial portions" of congressional subpoenas issued for financial records tied to Trump, his family members and his private businesses.

In a letter to U.S. District Judge Edgardo Ramos in the Southern District of New York, Trump attorney Patrick Strawbridge wrote that the president’s legal team and attorneys for the House were able to strike a deal on sharing the documents requesting financial records from Capital One and Deutsche Bank.

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Strawbridge said in the letter that as a result of the agreement, he no longer believes that it will be necessary for the parties to appear before the federal judge in a hearing planned for Thursday.

Attorneys for the president had been seeking copies of the subpoenas issued by House Financial Services Committee Chairwoman Maxine WatersMaxine Moore WatersWhat are not criteria for impeachment? Fed's top regulator takes heat from both parties Appeals court rules Deutsche Bank must turn over Trump financial records to House MORE (D-Calif.) and House Intelligence Committee Chairman Adam SchiffAdam Bennett SchiffTrump's legal team huddles with Senate Republicans Three legal scholars say Trump should be impeached; one thinks otherwise Poll: 46 percent of voters say Trump's Ukraine dealings constitute impeachable offense MORE (D-Calif.). The lawmakers had requested that the banks provide Congress with financial records pertaining to the president.

The Trump lawyers have previously said that neither the lawmakers nor the banks would provide the documents, but that Deutsche Bank provided them with a summary indicating that the request was sweeping and pertained to years of records.

Trump, his family members and his private businesses sued the banks last month to try to block them from complying with the subpoenas. Both banks have said that they will not comply with the request for documents until a judge makes a decision on whether to issue a preliminary injunction in the case.

The House committees behind the subpoenas have since intervened in the case, making them the target of the lawsuit.

Each of the financial institutions said in letters filed on Tuesday that they did not take a position in the legal battle.

Trump has also sued House Oversight and Reform Committee Chairman Elijah CummingsElijah Eugene CummingsAdam Schiff's star rises with impeachment hearings Tucker Carlson calls Trump 'full-blown BS artist' in segment defending him from media coverage Elijah Cummings's daughters back former aide over widow in race to fill seat MORE (D-Md.) to block a subpoena issued for financial records from the accounting firm Mazars. 

The House Democrats have criticized the lawsuits as an attempt to obstruct their investigations into the president.