The Supreme Court has so far blocked House Democrats from accessing Trump's financial records
The Supreme Court on Thursday temporarily blocked congressional investigators from gaining access to President Donald Trump's personal financial records.
The Supreme Court on Thursday cleared the way for prosecutors in New York to see President Trump's financial record, a surprise defeat for Mr. Trump, but a decision that would mean public scrutiny under grand jury privacy rules after the election The record will be deleted. , And perhaps indefinitely.
The 7–2 decision was written by Chief Justice John Roberts and included Trump's two nominated aides Associates Neil Gorsuch and Brett Kavanaugh. This sends the dispute back to the powers in the lower courts for further determination.
Roberts wrote, Courts must conduct a careful analysis, including a substantial legislative interest of Congress and an adequate amount of the separation of powers doctrine, including the unique position of the President.
The ruling was one of two released Thursday on whether investigators would have access to Trump's financial records. In others, the court ruled 7-2 that Trump cannot keep tax and financial records from a Manhattan prosecutor investigating the alleged hush-money payment.
Both have political as well as legal and constitutional implications for the Speaker and Congress, where House Democrats have argued that the criminal may reveal evidence of wrongdoing or lead to new legislation on Capitol Hill.
More: Supreme Court says President Trump can't keep tax, financial records from prosecutors
The president, acting through his personal legal team, has refused compliance with the deputy representatives of the three House committees seeking information from their accountants and bankers. On Thursday, he called it "a political prosecution".
During oral arguments conducted by telephone in May due to the Coronavirus epidemic, conservative and liberal jurists wondered how to balance the fearless powers of Congress against the need to distract the president's claim, free him from harassment, scrutiny.
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In previous secession-in-power battles over documents or testimony, the Supreme Court ruled together against President Richard Nixon in 1974 and Bill Clinton in 1997, nominated in agreement with their court. The decision eventually led to Nixon's resignation and Clinton's impeachment, although he was not ultimately removed from office by the Senate.
The legal battle has led Trump to issue subpoena for eight years of financial documents against three House committees controlled by Democrats. Legislators claim that campaign finance will help determine the need for future legislation in areas such as campaigns, bank lending practices, and efforts to curb foreign influence in elections.
The House Committee on Oversight and Reform issued a sub-letter to Trump's accounting firm Majors USA, with more than a year of financial records from the president, his family business, a trust and the company running the Trump International Hotel in Washington, DC demanded. , Two federal courts have upheld the uppena.
Trump's former personal lawyer, Michael Cohen, testified before Congress that as a private citizen, Trump regularly underestimated his grip for financial gain. The panel wants to compare eight years of financial documents with Cohen's testimony and the government's revelations.
The House Financial Services Committee and the House Intelligence Committee asked Deutsche Bank and Capital One more than a year ago to seek records from Trump, his three oldest children, and the Trump Organization. The panels are examining risky lending practices from major financial institutions and Russia's attempts to influence US elections. They, too, have been retained in lower courts twice.
