Shes ALIVVVE! [Al-Rooters] U.S. Supreme Court Justice Ruth Bader Ginsburg on Friday put a temporary hold on a court ruling that would require records held by Deutsche Bank AG (DBKGn.DE) and Capital One Financial Corp (COF.N) to be handed over to Democratic-led congressional panels.
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.
In a brief order, Ginsburg said that the lower court ruling is now on hold until Dec. 13.
The material sought by the committees includes records of accounts, transactions and investments linked to Trump, his three oldest children, their immediate family members and several Trump Organization entities.
Trump filed an appeal to the Supreme Court on Thursday in a separate case seeking to prevent the House Oversight Committee from obtaining financial records from Mazars LLP, Trump's longtime accounting firm. An appeals court in Washington ruled against Trump in October.
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.