Nov 21, 2019

California strikes down law requiring presidential tax returns to appear on ballot

Photo: Saul Loeb/AFP via Getty Images

The California Supreme Court on Thursday unanimously ruled against a law requiring presidential and gubernatorial candidates to disclose their past five years of tax returns for a spot on the state's primary ballot, per the Sacramento Bee.

Why it matters: California Gov. Gavin Newsom signed the bill in July in an effort to compel Trump to release his tax returns. While campaigning in 2016, Trump argued he could not release the records because he was under audit. The chairwoman of the California Republican Party sued over the law, sending the matter to the state's high court.

Between the lines: Ten states had similar bills working their way through the legislative process as of July, with requirements ranging from one to 10 years of prior tax returns for a spot on the ballot. It is not yet clear how California's ruling could reverberate throughout these other jurisdictions.

Go deeper:

Go deeper

DOJ supports Trump's fight to prevent tax return disclosure

President Trump. Photo: Alex Wong/Getty Images

The Justice Department said it supported President Trump's Supreme Court fight to block his tax returns from being disclosed to a New York prosecutor, Reuters reports.

Why it matters: The court filing comes one week after Trump filed an appeal individually to reverse a lower court's ruling that directed his accounting firm, Mazars LLP, to hand eight years worth of tax returns to the prosecutor. Separately, the Supreme Court temporarily blocked the House's subpoena for Trump's tax returns this week.

Go deeper: Trump lawyer argues the president can't be prosecuted for shooting someone

Keep ReadingArrowNov 23, 2019

Supreme Court to decide on release of Trump’s financial records

President Trump. Photo: BRENDAN SMIALOWSKI / Contributor/Getty Images

The Supreme Court agreed on Friday to take on three cases involving President Trump's finances to determine whether he can block the release of his records.

Why it matters: The court's ruling could give the American public a look at the president's finances after he has gone to great lengths to keep them under wraps.

Go deeperArrowDec 13, 2019

WaPo: Bipartisan senators reviewing IRS whistleblower complaint

Photo: Drew Angerer/Getty Images

Staff for Senate Finance Chairman Chuck Grassley (R-Iowa) and Ranking Member Ron Wyden (D-Ore.) are looking into a July whistleblower allegation related to possible interference with an audit of President Trump's or Vice President Mike Pence's tax returns, the Washington Post reports.

What we know: Staffers met this month with the whistleblower, who reportedly claims that at least one political appointee inside the Treasury Department may have attempted to interfere with an audit process, according to the Post. Follow-up interviews are expected, but it's not yet clear if the senators have deemed the whistleblower credible. The Trump administration has suggested the whistleblower is acting on political motivations.

Go deeperArrowNov 18, 2019