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Trump and family sue Deutsche Bank, Capital One to keep congress from accessing business records

Waters says Democrats prepared to fight after Trump sues Deutsche Bank, Capital One
WATCH: Financial Services Committee Chair Maxine Waters said Tuesday that Democrats were prepared to fight after President Donald Trump sued Deutsche Bank and Capital One is what appeared to be an attempt to prevent the two companies from responding to subpoenas.

President Donald Trump is suing Deutsche Bank and Capital One in an attempt to block congressional subpoenas for his business records.

The lawsuit by Trump, his sons Donald Jr. and Eric and his daughter Ivanka, was filed Monday in federal court in Manhattan.

WATCH: Trump blows off threat of Congressional investigation into his finances

Trump blows off threat of Congressional investigation into his finances
Trump blows off threat of Congressional investigation into his finances

The Trump Organization and the Donald J. Trump Revocable Trust are among the other plaintiffs.

Two House committees subpoenaed Deutsche Bank and several other financial institutions earlier this month as part of investigations into Trump’s finances.

House Intelligence Committee Chairman Adam Schiff said at the time that the subpoenas were part of an investigation “into allegations of potential foreign influence on the U.S. political process.”

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READ MORE: U.S. House committees subpoena Deutsche Bank and others in probe of Trump’s finances

The Trumps want a federal judge to declare the subpoenas unlawful and unenforceable. The lawsuit also seeks to block the financial institutions from disclosing information and complying with the subpoenas. The banks did not immediately respond to requests for comment.

A German bank being sued by President Donald Trump in his attempt to block congressional subpoenas for his business records says it’s “committed to providing appropriate information.”

Deutsche Bank spokeswoman Kerrie McHugh said Tuesday in a statement, “We remain committed to providing appropriate information to all authorized investigations and will abide by a court order regarding such investigations.”

Capital One hasn’t responded to a request for comment.