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Politics Trump brings a third case over his financial records to the Supreme Court

23:15  06 december  2019
23:15  06 december  2019 Source:   cnbc.com

Appeals court refuses to block House subpoena for Trump’s financial records

  Appeals court refuses to block House subpoena for Trump’s financial records The appeals court upheld Congress’s broad investigative authority and ordered the two banks to comply with the House subpoenas for the president’s financial information. The case pre-dates the public impeachment proceedings in the House. Subscribe to the Post Most newsletter: Today’s most popular stories on The Washington Post “The Committees have already been delayed in the receipt of the subpoenaed material since April 11 when the subpoenas were issued. They need the remaining time to analyze the material, hold hearings, and draft bills for possible enactment,” according to the ruling from Judge Jon O.

Trump asked the Supreme Court to freeze a subpoena for his financial records sent to two banks by congressional Democrats. The case resembles two others in which Trump has already obtained temporary stays of lower court rulings requiring the disclosure of his financial records .

These disputes on financial records are the first to reach the Supreme Court , but won't be the last. This subpoena specifically requests Trump tax returns among records from 2011 to the present. His lawyers argue that if the House were allowed to enforce the subpoena for financial records , as lower

Donald Trump wearing a suit and tie in front of a curtain: President Donald Trump speaks during a briefing on Hurricane Michael in the Oval Office of the White House in Washington, DC, October 10, 2018. © Provided by CNBC President Donald Trump speaks during a briefing on Hurricane Michael in the Oval Office of the White House in Washington, DC, October 10, 2018.

President Donald Trump on Friday asked the Supreme Court to temporarily halt subpoenas for his financial records sent to two banks by congressional Democrats, the latest in a string of court battles over the president's personal financial dealings to make its way to the justices.

A federal appeals court ruled on Tuesday that Deutsche Bank and Capital One must turn over years of the president's personal and business financial records to two Democratic-led committees in the House of Representatives. The subpoenas, issued in April, also seek information related to the finances of the president's family members.

Trump files appeal at Supreme Court in financial records fight

  Trump files appeal at Supreme Court in financial records fight President Donald Trump on Thursday filed court papers asking the U.S. Supreme Court to block a lower court ruling directing an accounting firm to hand over his financial records to a Democratic-led congressional panel, setting up a major clash between branches of government. © 2019 The Washington Post WASHINGTON DC - MARCH 19: The Supreme Court of the United States is seen March 19, 2019 in Washington, DC. (Photo by Katherine Frey/The Washington Post via Getty Images) Trump turned to the justices after the U.S. Court of Appeals for the District of Columbia Circuit decided on Nov.

WASHINGTON — President Trump asked the Supreme Court on Thursday to hear a second case concerning a subpoena to his accounting firm for his financial records . The new petition, objecting to a subpoena from a House committee

Donald Trump asked the Supreme Court to hear arguments over whether Mazars USA will be required to turn over his financial records to Congress. The petition is the second that Trump has filed regarding subpoenas for his financial records . It follows one submitted in November asking the

The financial services and intelligence committees have said they are investigating potential overseas money laundering in addition to other matters.

In the application, Trump's attorneys say the case for granting him a temporary reprieve should be "easy."

"The idea that the Committees have an urgent need to consider legislation during the short period of time the petition will be under review is implausible," Trump's attorney Patrick Strawbridge wrote.

The case resembles two others in which Trump has already obtained temporary stays of lower court rulings requiring the disclosure of his financial records. Those cases involve subpoenas from the House Oversight Committee and Manhattan District Attorney Cy Vance to Mazars USA, the president's longtime accounting firm.

Trump asks Supreme Court to prevent banks turning over financial records

  Trump asks Supreme Court to prevent banks turning over financial records President Donald Trump, fighting to keep details of his finances secret, asked the U.S. Supreme Court on Friday to prevent records held by Deutsche Bank AG and Capital One Financial Corp from being handed over to Democratic-led congressional panels. © Getty Images US President Donald Trump takes part in a round table discussion on business and red tape reduction in the Roosevelt Room of the White House in Washington, DC on December 6, 2019. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images) Trump's lawyers asked the high court to put a hold a Dec. 3 ruling by Manhattan-based 2nd U.S.

President Donald Trump asked the Supreme Court on Thursday to void a subpoena from the House of Representatives that seeks the president's financial records from his accounting firm. The justices already have shielded the documents from being turned over while they consider whether to hear

Trump asks Supreme Court to step into second financial records case . The dispute goes to the heart of Congress' power to investigate and further its legislative function amid broad claims from Trump that the congressional committee has exceeded its authority.

The court could soon say whether it will hear those cases this term, in which case a final decision would be expected by July. The justices are likely to take the cases, which requires the approval of four of them.

If the court grants the president's request to temporarily halt the Deutsche Bank and Capital One subpoenas, his attorneys will soon be required to ask the justices to review the New York-based 2nd U.S. Circuit Court of Appeals decision that allowed them, in addition to the other two lower court opinions it is already asking the top court to review concerning his finances.

The president's application was submitted to Justice Ruth Bader Ginsburg because she is assigned to the 2nd Circuit, though it's possible the full court will vote on the matter.

The Supreme Court currently has a 5-4 conservative majority, including two Trump appointees, Justices Neil Gorsuch and Brett Kavanaugh.

The president is the first in more than 40 years to not voluntarily make his tax records public.

Supreme Court to review congressional, state subpoenas for Trump financial records .
The Supreme Court agreed Friday to decide whether President Trump can be shielded from congressional and state subpoenas for his personal banking and accounting records, in what could be a major test of separation powers between the executive branch, Congress, and the states. At issue is the extent a sitting president can be subject to congressional oversight-- under "valid legislative purposes"-- of his private business dealings before he took office. The high court will also look at the extent a sitting president can be subject to state and local grand jury investigations and prosecutions.

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