Corruption

Trump is Suing His Own Bank

Written by SK Ashby

Trump's lawyers recently filed a lawsuit against House Oversight Committee Chairman Elijah Cummings in an effort to squash a subpoena for financial records from Trump's accounting firm.

Actual lawyers and legal experts who know better than I do would tell that makes no sense whatsoever and I doubt they will feel differently about this.

Trump is now suing his own bank in an attempt to block them from complying with congressional subpoenas.

The attorneys — veteran conservative movement lawyer William Consovoy and Marc Mukasey — repeat a legal theory that Trump has advanced elsewhere: “‘oversight’ and ‘transparency,’ in a vacuum, are not legitimate legislative purposes that can justify subpoenaing a private citizen.”

They go on to argue that Congress can only perform oversight on the executive branch if it is trying to gather information for the specific purpose of enacting a piece of legislation. [...]

Deutsche Bank and Capital One told Trump’s attorneys that they would start to give Congress the requested information by May 6, unless stopped by a court order.

Even trying to imagine the conservative reaction to lawyers for President Obama claiming that congressional oversight is inherently illegitimate made me cackle uncontrollably.

I don't think you have to have a law degree to recognize that this is a preposterous legal theory. And speaking of law degrees, Consovoy and Mukasey must have obtained their degrees from a cereal box.

I presume that Trump's financial situation will deteriorate rapidly when he's out of office and suing Duestche Bank -- the only bank in the world that would still do business with him -- cannot be helpful.