Fight over Trump’s financial records accelerates, could land at Supreme Court as 2020 race peaks

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House Democrats agreed to suspend deadlines for the president’s accounting firm to hand over his records, pending an expedited review by the federal appeals court in D.C.

By Ann E. Marimow and Ann E. Marimow Reporter covering legal affairs Email Bio Follow Robert Barnes Robert Barnes Reporter covering the U.S. Supreme Court Email Bio Follow May 23 at 6:05 PM A federal appeals court in Washington said Thursday that it will expedite its review of President Trump’s request to block a congressional subpoena seeking financial records from the president’s accounting firm.

The decision Thursday by a three-judge panel puts that agreement in effect and calls for oral argument July 12. The timeline allows the case to move swiftly by court standards and could set up a decision from the Supreme Court that could land in the thick of the 2020 presidential campaign. Rao was recently nominated to the bench by Trump to replace Justice Brett M. Kavanaugh. Millett was nominated by President Barack Obama and Tatel by President Bill Clinton.

The president’s lawyers say the subpoena demands serve no legitimate legislative purpose and that lawmakers are overstepping their authority to conduct investigations. “The case law makes clear that ‘motives alone would not vitiate an investigation which had been instituted by a House of Congress if that assembly’s legislative purpose is being served,’ ” Mehta wrote, quoting from the court’s decision in a 1957 case, Watkins v. U.S.

If the president’s lawyers lose on appeal at the D.C. Circuit, experts watching the legal battle expect an immediate request to the Supreme Court to stop the release of the material.

 

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So he admitted that no one, inlcluding the IRS have never gone over Trumps financial records they way they will be gone over now. Interesting. I thought his taxes were sooooo tied up by the IRS. Lie?

realDonaldTrump's biggest scam is if there is nothing to see in his financial records but the history of an American businessman; imagine that news during the election. He and GOP will have a field day.

SpeakerPelosi is third in line for the Presidency. She’s worth north of $190,000,000 and has been in politics her entire life. She refuses to release her tax returns. Someone should sue to get them, she may be hiding something Otherwise, how do you explain her wealth

This is where you see his real success as President. Stacking the courts. It will save him. Too bad it does nothing for the rest of us. it's just never about the American people with this guy.

I am wondering how is the Soviet Union hush money ratio in his balance sheet

We’ll really teach that bastardized a lesson after he’s re-elected.

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Trump has lost his first two attempts to fight 'all the subpoenas' in courtThe president may have more success in the court fights to come, including appeals in the cases decided this week. But the two losses are nonetheless a dramatic setback for his fight-them-all legal strategy. he is out after strike 3, right? Against Obama judges, btw. So not surprising. They will all end up in the Supreme Court and Trump will win. Learn from ESPN. Stick to market reporting. It is not a loss until the Supreme Court says so.
Source: CNBC - 🏆 12. / 72 Read more »

Judges fast-track court fight over Trump financial recordsDonald Trump’s fight to stop the release of his financial records is on the fast track for a key court decision after a three-judge appellate panel agreed Thursday to hear oral arguments later this summer Doesn’t matter. With no stay in place those records will already have been turned over to the House by then.
Source: politico - 🏆 381. / 59 Read more »

Treasury Secretary Steven Mnuchin and IRS chief expected to ignore subpoena deadline for Trump's tax returns, setting up court fightHouse Ways and Means Committee Chairman Richard Neal, D-Mass., made a formal request for six years of Trump's personal and business tax returns last month. But Mnuchin has refused to release the president's returns to Congress. Most of us are ignoring the Democrats at this point. It's like these subpoena are becoming laughing stock that anyone can just ignore. I thought the NYT already received stolen returns? 🤷‍♂️
Source: CNBC - 🏆 12. / 72 Read more »

Treasury Dept. refuses to comply with Democrats’ subpoenas for Trump tax returns, court fight likely“The result will be that we will likely proceed to court as quickly as next week,” said House Ways and Means Committee Chairman Richard Neal, D-Mass. ⚠️Time to march the frickin Sergeant at Arms over to the DOT pronto & arrest Mnuchin's sorry arrogant Republican ass. Stick him in the House jail Pelosi is too weak & worthless to do it, so she needs to step aside for a Dem with balls who will (if there are any in Congress). The 'law and order' party. Yep, definitely something a person who has nothing to hide would do! -_-
Source: NBCNews - 🏆 10. / 86 Read more »