Supreme Court Rejects Trump Bid To Block NY Subpoena For Financial, Tax Records

Screengrab / @adamliptak / Twitter

JakeThomas

The Supreme Court ruled that President Trump cannot block New York prosecutors from seeing his financial records.

The Supreme Court ruled Thursday that a New York prosecutor may see President Donald Trump’s private and business financial records, The Washington Post reported, dealing a blow to the president’s attempts to keep those records secret.

  • The Post reported that the nation’s highest court “said Manhattan District Attorney Cyrus R. Vance Jr. had the authority to subpoena the records from Trump’s private accounting firm, denying Trump’s claim of “ immunity from criminal investigations while in office.”
  • Vance “is investigating whether the Trump Organization falsified business records to conceal hush payments to two women, including pornographic film actress Stormy Daniels, who claimed they had sex with Trump before he took office.”
  • The DA is seeking Trump’s tax returns, along with other records.
  • Unlike previous modern presidents, Trump has refused to make his tax returns public, though The Post noted that the documents are unlikely to be disclosed publicly before the November election.

The Wall Street Journal noted that this was one of two cases before the Supreme Court concerning the president's financial records.

The House Oversight Committee, investigating ethics issues in the executive branch, issued a subpoena to Mazars USA LLP for eight years of financial records related to Mr. Trump, his real-estate company, his foundation and other entities belonging to the president.

The Journal reported that "Lower courts upheld the subpoenas for the Trump records, but they have been blocked during the Supreme Court appeal."

Thursday's ruling "sent the case back to lower courts for further proceedings."

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