Two banks which have done business with Donald Trump say they aren't taking sides in a fight between the president and House Democrats over access to his records.
New York District Judge Edgardo Ramos ruled on Wednesday that Trump, his family, and his company were "highly unlikely" to succeed in a lawsuit claiming that the subpoenas by Democratic lawmakers were unconstitutional.
The hearing occurs after congressional Democrats sought the information from Deutsche Bank and Capital One.
Earlier this week, Judge Edgardo Ramos in NY had refused to block the subpoenas, setting off a one-week clock for the Trump team to find a way to prevent extensive financial information from being released. Capital One hasn't commented but did previously state it won't stand in the way of a subpoena sent to it by House Democrats.
The judge then noted that both sides had agreed that the subpoenas would not require a response for another week, giving Trump, his family and his companies time to appeal.
On Friday, a federal judge temporarily stopped President Donald Trump's plan to spend billions of the Defense Department funds in constructing the U.S - Mexico border wall.
Judge Amit Mehta of the DC District Court on Monday decisively ruled in favour of the House Oversight Committee, whose chair, Elijah Cummings had subpoenaed 10 years' worth of Trump's financial records from accounting firm Mazars USA back in April.
Lawyers for President Donald Trump have reached an agreement with the House Intelligence and Financial Services committees to hold off for now on enforcing the subpoenas for Trump's financial records from Deutsche Bank and Capital One, according to a court document and a source familiar with the agreement.
"We really want to find out from Deutsche Bank why Deutsche Bank is the only major financial institution that will lend him money despite the fact [that] he had sued them at one point and nobody else, no other banks, trusted him because of the way he conducts business".
He also brushed aside the argument made by Trump's lawyers that the demand for the documents lacks a legitimate legislative objective.
Some parts of the subpoenas have been included in court filings.
The president and his attorneys have argued the subpoenas were unlawful and motivated strictly by politics.
The banks are the only defendants in the case, but the House committees have intervened to oppose Trump's effort to block the subpoenas.
Lawyers for the congressional Democrats responded by saying a ruling in Trump's favor would undermine the constitutional separation of powers and impede congressional probes.
Blitzer then asked Scannell "how quickly do you think they'll be released?", referring to Trump's financial documents.