Oct 11, 2019

Appeals court upholds House subpoena for Trump's financial records

Photo: Chen Mengtong/China News Service/VCG via Getty Images

The D.C. Circuit Court of Appeals upheld Friday a House subpoena for President Trump's financial records to Mazars USA, the president's longtime accounting firm.

Why it matters: This is one of the last stops for this case. Unless the president's legal team asks the full D.C. Circuit to take up the case or appeals it to the Supreme Court, the president could lose his fight to keep his financial records private.

The big picture: This case is just one front in the ongoing court battle to access more information about Trump's finances. The president's legal team was able to obtain an emergency stay from the Second Circuit Court of Appeals this week after losing a ruling in a similar case for Trump's tax returns brought by Manhattan's district attorney.

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The fight for Trump's taxes

Photo: Win McNamee/Getty Images

A federal appeals court ruling Friday morning in House Democrats' favor was just one piece of a web of ongoing court and legislative battles to obtain President Trump's tax returns and financial records.

Why it matters: The case to subpoena President Trump's financial records from Mazars USA, his longtime accounting firm, is much farther along in the courts than most of the opposition's other efforts — and it might be Democrats' best chance to make them public.

Go deeperArrowOct 11, 2019

Trump intends to take tax return fight to Supreme Court

President Trump at a Georgia rally on Nov. 8, in Atlanta, Georgia. Photo: Brendan Smialowski/AFP via Getty Images

President Trump's lawyers intend to petition the U.S. Supreme Court by Nov. 14 to review a lower court ruling requiring the president to turn over eight years of his tax returns to a state grand jury, according to a letter written Friday.

Why it matters: This case would mark the first time the Supreme Court makes a decision on Trump's legal argument — that he is immune from criminal investigation while in office — and could "produce a major statement on the limits of presidential power," the New York Times reports.

Go deeperArrowNov 9, 2019

Appeals court rules against Trump on his tax returns

Photo: Oliver Douliery/AFP via Getty Images

The Second Circuit Court of Appeals on Monday ruled that President Trump must turn over eight years of his tax returns to a state grand jury, according to the New York Times.

Why it matters: Trump's attorney Jay Sekulow said after the ruling that the president's legal team is appealing the case to the Supreme Court, according to Politico's Darren Samuelsohn.

Go deeperArrowNov 4, 2019