Deutsche Bank has Trump's tax records sought by House Democrats

Deutsche Bank confirmed in a letter Tuesday that it has tax returns subpoenad by House Democrats seeking financial information on President Trump and his family.

The big picture: The disclosure was filed in response to an appeals court order amid a legal battle between Congress and the president over access to Trump’s business records, per the Washington Post. The court is considering a request by Trump to block access to financial records at the German bank and Capital One Financial Corp., Bloomberg notes. The bank’s public redacted response does not identify its client by name.