President Trump suffered another loss today in his effort to block House Democrats from obtaining his financial records, a matter that is now likely to make its way to the Supreme Court
President Donald Trump suffered another loss today in his effort to block House Democrats from obtaining his financial records, a matter that is now likely to make its way to the Supreme Court.
A federal appeals court ruled 2-1 that Deutsche Bank and Capital One should comply with subpoenas from the House Financial Services and House Intelligence committees seeking information about Trump’s finances, upholding a decision by a federal court in May.The subpoenas seek documents including tax returns, evidence of suspicious activity and, in the case of Deutsche Bank, any internal communications regarding Trump and his ties to foreign individuals.
“The Committees’ interests in pursuing their constitutional legislative function is a far more significant public interest than whatever public interest inheres in avoiding the risk of a Chief Executive’s distraction arising from disclosure of documents reflecting his private financial transactions,” the 2nd Circuit panel said in its ruling.
Trump now has seven days to seek emergency relief from the Supreme Court, and the 2nd Circuit is ordering a process that will allow the president to object to specific items, like checks, that may be particularly personal and explain why those should be excluded.“We believe the subpoena is invalid as issued," Sekulow said in a statement. "In light of the Second Circuit decision, we are evaluating our next options including seeking review at the Supreme Court of the United States.
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