Federal appeals court dismisses Democrats' emoluments suit against Trump

A federal appeals court dismissed Friday a lawsuit from 215 congressional Democrats against President Trump alleging that the Trump Organization is in breach of the Constitution's emoluments clause.

The big picture: It's just one of several emoluments-linked cases facing Trump while in office, including others filed by the attorneys general of Maryland and D.C. and the federal ethics watchdog CREW.

• The ruling asserted that individual members of Congress lacked the standing to assert the powers of the institution as a whole.
• Democrats had hoped the case could carve a path to access Trump's finances.

Read the opinion:

Go deeper: Trump made at least $434 million from his business in 2018