Trump lawyers, committees reach agreement to hold off on subpoenas

Agreement allows for expedited appeals schedule

By Cristina Alesci, CNN
Chip Somodevilla/Getty Images

President Donald Trump 

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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