DEMS/HOUSE OF REPS/TRUMP BUSINESS: “Three powerful House committee chairs asked Capital One for documents last month related to President Donald Trump’s business empire — and the financial giant said it was already preserving documents but needs a subpoena in order to comply, according to letters obtained by POLITICO. The March 11 request from House Oversight and Reform Committee Chairman Elijah Cummings (D-Md.), House Financial Services Committee Chairwoman Maxine Waters (D-Calif.), and House Intelligence Committee Chairman Adam Schiff (D-Calif.) comes amid intensifying congressional scrutiny of the president’s financial records and tax returns. The lawmakers asked Capital One for all documents related to the president’s revocable trust, the Trump Organization and other subsidiaries of his financial empire. Notably, the Democrats asked for documents that might have been turned over to special counsel Robert Mueller. In a March 21 response to the committee leaders, Capital One executive Brent M. Timberlake said the corporation is ‘preserving the documents and materials,’ but could only turn over the information if the committees issue a subpoena.”
–Andrew Desiderio, “House Dems ask Capital One for docs on Trump’s sprawling businesses,” Politico, April 4, 2019 9:05 pm