Supreme Court debates Trump’s ability to keep taxes secret

Supreme Court debates Trump’s ability to keep financial information and taxes secret

The Supreme Court is considering Tuesday whether the House of Representatives and a New York prosecutor can subpoena President Donald Trump’s accounting firm and banks for his financial documents, two momentous disputes concerning separation of powers and Trump’s broad claims of immunity.

The first two cases, argued concurrently, pit the President’s personal lawyers against House Democrats who say they need records from Trump’s longtime accounting firm and two banks to investigate a variety of issues ranging from alleged hush money payments, illegal foreign involvement in a US campaign and potential violations of money laundering and ethics rules.

Trump’s lawyers sued to block the subpoenas arguing that although they are directed to third parties — Mazars USA, Deutsche Bank and Capital One — they involve the President and members of his family and amount to an illegal fishing expedition. Democrats say they need the documents regardless of the fact the impeachment trial of the President earlier this year ended in acquittal.

Federal appeals courts have ruled against the President.

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