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House Dems asks Capital One for documents on Trump's distributing companies

Story Continued Below Laws asked Capital One for all documents related to the President's revocation trust e, th e Trump Organization and other subsidiaries of his economic empire. In particular, the Democrats asked for actions that could have been handed over to Specialist Robert Mueller. In a March 21 reply to committee leaders, Capital One executive Brent M. Timberlake said the company "preserves the documents and the material," but could only reverse the information about the committees issuing a judgment. "In view of the confidentiality obligations we have as a financial institution, including under state and federal law, we respectfully request that all material representations be made according to a judgment instead of an informal request," writes Timberlake. POLITIKO Playbook newsletter Sign up today to get the # 1-rated newsletter in politics By signing up you agree to receive e-newsletters or warnings from POLITICO. In his letter to Capital One, CEO Richard D. Fairbank, Cummings, Waters and Schiff, their request said they were related to their committee's investigations focusing on Trump's potential foreign conflicts of interest, compliance with foreign and domestic issuer clauses in the US the constitution and any counter-threats arising from links or coordination between US persons and other foreign entities, including any economic or other compromises or leverage over the president and his business interests. " They specifically named Trump International Hotel in Washington, DC, as a" point of contact "for their investigation. Representatives of Cummings, Waters and Schiff did not immediately respond to a request for…

Story Continued Below

Laws asked Capital One for all documents related to the President’s revocation trust e, th e Trump Organization and other subsidiaries of his economic empire. In particular, the Democrats asked for actions that could have been handed over to Specialist Robert Mueller.

In a March 21 reply to committee leaders, Capital One executive Brent M. Timberlake said the company “preserves the documents and the material,” but could only reverse the information about the committees issuing a judgment.

“In view of the confidentiality obligations we have as a financial institution, including under state and federal law, we respectfully request that all material representations be made according to a judgment instead of an informal request,” writes Timberlake.

In his letter to Capital One, CEO Richard D. Fairbank, Cummings, Waters and Schiff, their request said they were related to their committee’s investigations focusing on Trump’s potential foreign conflicts of interest, compliance with foreign and domestic issuer clauses in the US the constitution and any counter-threats arising from links or coordination between US persons and other foreign entities, including any economic or other compromises or leverage over the president and his business interests. “

They specifically named Trump International Hotel in Washington, DC, as a” point of contact “for their investigation.

Representatives of Cummings, Waters and Schiff did not immediately respond to a request for comment.

Republicans were already crying wrong on request on Thursday, in a letter received by POLITICO, Reps, Jim Jordan of Ohio and Mark Meadows of North Carolina said that the demand for Capital One documents “is not a good practice and has veneers of a fishing expedition”. [19659004] “This inquiry does not seem to have a valid legislative purpose and seems to request information only for the inappropriate purpose of exposure and embarrassment, Jordan wrote and Meadows wrote.

The revelation comes one day after Cummings told reporters that the auditing firm Mazars USA also had asked for a so-called friendly lawsuit so that it could follow the monitoring committee’s demand for 10 years by Trump’s financial register.

Both Mazar’s USA and Capital One’s request reflects the House Democrats’ efforts to confirm aspects of former Trump’s lawyer and fixes Michael Cohen’s February testimony to the Supervisory Committee. Cohen submitted documents to the panel claiming that Trump had become artificially inflated and deflated its net worth over time.

The intelligence committee has investigated the extent to which foreign players can have influence or leverage over the president’s decision-making. The Financial Services Committee carries out its own probe in Trump’s finances, focusing on Deutsche Bank.

House Democrats have not stopped at Trump’s business applications. On Wednesday, the House Ways and Means Committee requested six years of Trump’s personal and corporate declaration, in the midst of a month-long progressive campaign.

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