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President Trump's lawyers, House committees reach agreement to hold off on enforcing Deutsche Bank, Capital One subpoenas

CNN logo CNN 5/25/2019 By Cristina Alesci, CNN
Donald Trump wearing a suit and tie: President Donald Trump speaks in the Rose Garden, Wednesday, May 22, 2019, in Washington. (AP Photo/Evan Vucci) © Evan Vucci/AP President Donald Trump speaks in the Rose Garden, Wednesday, May 22, 2019, in Washington. (AP Photo/Evan Vucci)

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.

Similar to a deal reached earlier this week with the House Oversight committee, the agreement allows for an expedited appeal schedule.

"The parties have reached an agreement regarding compliance with and enforcement of the subpoenas during the pendency of Plaintiff's appeal," the court document filed Saturday reads.

Earlier this week, Judge Edgardo Ramos in New York 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. The agreement blocks the subpoenas for now until an appeals court can weigh in.

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