, to rummage through every aspect of his personal finances, his businesses, and the private information of the President and his family,” the lawsuit says.
Representative Maxine Waters, the chairperson of the Financial Services Commission and Representative Adam Schiff, the chairman of the Intelligence Committee, both Democrats, called the lawsuit “meritless” in a joint statement, the New York Times and other media reported. “The potential use of the US financial system for illicit purposes is a very serious concern. The Financial Services Committee is exploring these matters, including as they may involve the president and his associates, as thoroughly as possible,” Waters, said in a statement earlier.
Trump recently has said that he intends to defy any efforts from the Democrats to dig into his affairs. Among other things, the Democrats have been looking into possible dealings Trump might have with Russia.