Trump loses appeal to stop Deutsche Bank turning over financial records – live

Federal appeals court rules Deutsche Bank and Capitol One must comply promptly with a congressional subpoena for Trump’s financial records

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3.34pm GMT

If the federal appeals court’s ruling stands, House Democrats could have unprecedented insight into Trump’s business dealings. However, the president’s legal team is likely not done trying to fight the order.

The ruling, by a three-judge panel of the U.S. appeals court in NY, means Trump will lose control of his long-secret business and personal accounts at Deutsche Bank AG and Capital One Financial Corp. unless the full court reconsiders the decision or the Supreme Court blocks it.

3.24pm GMT

A federal appeals court has ruled that Deutsche Bank and Capitol One must comply with a congressional subpoena for Trump’s financial records, dealing another legal blow to the president.

However, the scope of the banks’ disclosures remains unclear, and Trump’s legal team could still appeal the case to the Supreme Court.

Breaking: Federal appeals court orders @DeutscheBank to comply with congressional subpoenas for @realDonaldTrump‘s records.
The caveat is that a lower court has to figure out whether/how certain specific personal items get disclosed. pic.twitter.com/TCBf79142K

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Source: The Guardian
Trump loses appeal to stop Deutsche Bank turning over financial records – live