A federal appeals court ruled Tuesday that Deutsche Bank and Capital One can hand over years of President Donald Trump’s financial records in compliance with House Democrats’ subpoenas.
The ruling in the U.S. Second Circuit Court of Appeals offers another loss in the courts for Trump, who has fought attempts to obtain his financial records, including his tax returns, through multiple lawsuits.
The case is likely destined for the Supreme Court, where the president has already appealed two other lower court rulings requiring him to share his hidden financial documents.
Neither the White House nor a lawyer for Trump immediately responded to CNBC’s request for comment on the ruling.
In May, U.S. District Court Judge Edgardo Ramos ruled that the two banks can comply with subpoenas issued by the Democrat-led House Intelligence and Financial Services Committees to hand over financial records related to Trump, his businesses and members of his family.