2019-05-23bloomberg.com

A federal judge in New York rejected President Donald Trump's request to keep his banks from producing financial records to lawmakers, handing House Democrats a second convincing courtroom win this week in their efforts to delve into the president's finances.

U.S. District Judge Edgardo Ramos, ruling from the bench on Wednesday, denied Trump's request for a preliminary injunction, saying that while the president, his family and his business would suffer irreparable harm from disclosure of the records, they were "unlikely to succeed on the merits" with their argument that the congressional subpoenas are improper.

The decision comes two days after U.S. District Judge Amit Mehta in Washington ruled that Congress has the authority to demand records from Trump's accounting firm, Mazars USA LLP.

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Trump is appealing the Washington ruling and both sides have asked for a quick hearing. Trump is also likely to appeal Wednesday's decision.



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