Judge upholds House subpoena demanding years of Donald Trump’s financial records

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‘This court is not prepared to roll back the tide of history’

WASHINGTON — President Donald Trump on Monday lost an early round of his court fight with Democrats when a federal judge ruled that the president’s accounting firm must turn over his financial records to Congress as lawmakers seek to assert their oversight authority.

In his decision, Mehta flatly rejected arguments from the president’s lawyers that the House Oversight Committee’s demands for the records from Trump’s accounting firm, Mazars USA, were overly broad and served no legitimate legislative function. The company said in a statement that it will “respect the legal process and fully comply with its legal obligations.”

— Donald J. Trump May 20, 2019Monday’s ruling threw historical shade at Trump, comparing him with former President James Buchanan, generally considered one of the country’s worst leaders, who had also complained bitterly about “harassing” congressional inquiries. An appeal could test decades of legal precedent that has upheld Congress’ right to investigate — a legal battle that is one part of a broader effort by House Democrats to examine Trump’s finances, his campaign and allegations that he sought to obstruct justice in special counsel Robert Mueller’s Russia investigation.

Schiff accused the Justice Department of granting Republican lawmakers’ document requests and denying demands from Democrats. “The Department of Justice has provided a legal opinion stating that, based on long-standing, bipartisan, and constitutional precedent, the former counsel to the president cannot be forced to give such testimony, and Mr. McGahn has been directed to act accordingly,” White House press secretary Sarah Sanders said in a statement. “This action has been taken in order to ensure that future presidents can effectively execute the responsibilities of the office of the presidency.

Trump told reporters the action was taken “for the office of the presidency, for future presidents. I think it’s a very important precedent. And the attorneys say that they’re not doing that for me, they’re doing it for the office of the president.”

 

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