Updated Apr 30, 2019

Trumps sue Deutsche Bank, Capital One over congressional subpoenas

Eric Trump, Donald Trump, Jr., President Trump and Ivanka Trump. Photo: Gustavo Caballero/Getty Images for Grey Goose

President Trump, his elder children and his private businesses are suing Deutsche Bank and Capital One over congressional subpoenas issued to the organization, court papers filed Monday show.

Details: The lawsuit, first reported by the New York Times, was filed in the Southern District of New York. The move is in response to subpoenas from the House Financial Services Committee and the Intelligence Committee seeking to obtain Trump's financial records.

The big picture: The Trump administration has taken several steps to block oversight by House Democrats in recent days. Trump says he's against current and former White House aides testifying before congressional panels. Following the release of the Mueller report, Trump is turning to litigation strategies that he long used in business — resist, delay and sue, per Axios' Mike Allen.

What they're saying: In the lawsuit, Trump's lawyers argue the subpoenas were issued to harass him: "to rummage through every aspect of his personal finances, his businesses, and the private information of the President and his family, and to ferret about for any material that might be used to cause him political damage. No grounds exist to establish any purpose other than a political one," it says.

The other side: Financial Services Committee chair Rep. Maxine Waters (D-Calif.) and Intelligence Committee chair Rep. Adam Schiff (D-Calif.) said in a joint statement to media outlets that the lawsuit is a "meritless" demonstration of the "depths to which President Trump will go to obstruct Congress’s constitutional oversight authority."

"As a private businessman, Trump routinely used his well-known litigiousness and the threat of lawsuits to intimidate others, but he will find that Congress will not be deterred from carrying out its constitutional responsibilities."
— Democratic Reps. Maxine Waters and Adam Schiff

Go deeper:

Go deeper

Top Trump ally sounds 2020 election alarm over coronavirus response

Photo: Jim Watson/AFP via Getty Images

There is growing concern among top conservative leaders that the Trump administration isn't addressing the long-term economic impact of the coronavirus, several sources tell Axios. One top adviser said if the recovery is bungled it could cost President Trump the election.

What we're hearing: "The next 4-8 weeks is really going to decide whether Trump gets reelected," Stephen Moore, Trump's former nominee for the Federal Reserve board, told Axios. If the administration mishandles its economic recovery efforts, he said, Trump is "in big trouble."

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 10 p.m. ET: 1,600,427 — Total deaths: 95,506 — Total recoveries: 354,006Map.
  2. U.S.: Total confirmed cases as of 10 p.m. ET: 465,329 — Total deaths: 16,513 — Total recoveries: 25,410Map.
  3. Public health latest: U.S. has expelled thousands of migrants under a CDC public health orderDr. Anthony Fauci said social distancing could reduce the U.S. death toll to 60,000.
  4. Business latest: The Fed will lend up to $2.3 trillion for businesses, state and city governments — After another 6.6 million jobless claims, here's how to understand the scale of American job decimation.
  5. 2020 latest: Top conservative leaders are concerned the Trump administration isn't addressing the virus' long-term economic impact.
  6. States latest: FEMA has asked governors to decide if they want testing sites to be under state or federal control.
  7. World latest: Lockdowns have led to a decline in murders in some of the world's most violent countries — Boris Johnson is moved out of the ICU but remains in hospital with coronavirus.
  8. In Congress: Senate in stalemate over additional funding for small business relief program.
  9. 1 SNL thing: "Saturday Night Live" will return this weekend in a remotely produced episode.
  10. What should I do? Hydroxychloroquine questions answeredPets, moving and personal healthAnswers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  11. Other resources: CDC on how to avoid the virus, what to do if you get it.

Subscribe to Mike Allen's Axios AM to follow our coronavirus coverage each morning from your inbox.

Federal court temporarily blocks coronavirus order against some abortions

Gov. Greg Abbott. Photo: Tom Fox-Pool/Getty Images

A federal judge ruled Thursday that clinics in Texas can immediately offer medication abortions — a pregnancy termination method administered by pill — and can also provide the procedure to patients nearing the state's time limits for abortions.

Driving the news: The decision comes after federal appeals court ruled 2-1 on Tuesday in favor of an executive order by Republican Gov. Greg Abbott that prohibits abortions during the coronavirus outbreak.

Go deeperArrowUpdated 8 hours ago - Politics & Policy