The Supreme Court Thursday rules Manhattan District Attorney Cyrus R. Vance Jr., a liberal Democrat, has the authority to subpoena the records from Trump’s private accounting firm.
But in a ruling that may help keep the returns private, at least through Election Day, the Court said Congress can’t have them.
According to the Washington Examiner:
President Trump’s accountants will have to hand over years of financial records and tax returns after the Supreme Court ruled that he did not have immunity from a grand jury investigation in New York.
The justices voted 7-2 in the first of two opinions released on Thursday examining the limits of presidential power and the contours of congressional oversight.
Brett Kavanaugh and Neil Gorsuch, Trump’s two appointees to the court, joined the majority.
However, Trump prevailed in the second case as the justices said it would not allow Congress to obtain tax and financial records, kicking the issue back to the lower courts.
Unlike other recent presidents, Trump has refused to publish his tax returns and other financial papers that would provide a snapshot of his wealth.
Trump reacted with dismay.
Courts in the past have given “broad deference”. BUT NOT ME!
— Donald J. Trump (@realDonaldTrump) July 9, 2020