Democrat led congressional panels suffered a setback today, according to Reuters. Ruth Bader Ginsburg earlier today put a temporary hold on an order requiring Deutsche Bank AG and Capital One Financial Corp. to turn over Trump financial records they have. This ruling is at the behest of Trump lawyers, who requested the Dec. 3rd ruling to be placed on hold. From Reuters: “Trump’s lawyers asked the high court to put a hold a Dec. 3 ruling by Manhattan-based 2nd U.S. Circuit Court of Appeals directing the two banks to comply with April subpoenas by the House of Representatives Financial Services Committee and Intelligence Committee for the financial records.” These records include material from “accounts, transactions and investments linked to Trump, his three oldest children, their immediate family members and several Trump Organization entities.”



This reprieve came after multiple invasive efforts by congress and prosecutors in NYC to gain access to President Trump’s financial records in a quest to find any illegal activity they can against him or his family. From Reuters: “The Supreme Court on Nov. 25 granted Trump’s request to put the subpoena enforcement in that case on hold while the president appeals the matter. Both cases represent an important showdown over the powers of the presidency versus those of Congress.Trump sued Deutsche Bank and Capital One in an effort to prevent the disclosure of his financial records.”



“U.S. District Judge Edgardo Ramos ruled in May that the subpoenas could be enforced, prompting Trump’s to appeal to the 2nd Circuit.Trump in November also asked the Supreme Court to reverse a separate appeals court ruling that directed Mazars to hand over his personal and corporate tax returns from 2011 to 2018 to local prosecutors in New York City. The justices are due to discuss on Dec. 13 whether to hear Trump’s appeal in that case.” The prosecutor in that case is seeking the records as part of a criminal investigation into the Trump Organization. Details of that investigation remain murky at best. The lower court’s ruling is now on hold until December 13.

