In a opinion today, the Second Circuit held that two financial institutions must comply with recent subpoenas issued by the House Permanent Select Committee on Intelligence and the House Financial Services Committee seeking information related to the Trump Organization and Trump family businesses. President Trump and others had filed a suit to prevent the banks from complying with the subpoenas (see our previous coverage here).
The Second Circuit affirmed in part Judge Ramos’ earlier denial of President Trump’s request for an injunction. In part, the Second Circuit found that the public interest outweighed individual privacy concerns because the lead plaintiff was the President of the United States:
Continue Reading Second Circuit: Banks Must Comply with House Subpoena for Trump Financial Records