loses court round in U.S. Democratic lawmakers demand for bank documents on his businesses

FILE PHOTO - U.S. President Trump arrives aboard Air Force One at Joint Base Andrews, Maryland

FILE PHOTO - U.S. President Donald emerges from Air Force One as he returns to Washington at Joint Base Andrews, Maryland, U.S., May 17, 2019. REUTERS/Leah Millis

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(Reuters) - U.S. President Donald , three of his children and the Organization on Wednesday lost their bid to block Deutsche Bank AG and Capital One Financial Corp from providing financial records to Democratic lawmakers investigating 's businesses.

U.S. District Judge Edgardo Ramos ruled at a court hearing in New York that Congress has the legal authority to demand the records, clearing the way for the banks to comply with subpoenas issued to them by two U.S. House of Representatives committees last month.

(Reporting by Brendan Pierson; editing by Grant McCool)

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