MORE: In the lengthy decision, the circuit court writes, 'The fact that every President during the last four decades has filed financial disclosures offers persuasive evidence.'
The federal circuit of appeals in Washington, D.C., has affirmed a lower court order rejecting legal challenges from President Donald Trump's legal team to a subpoena from the House Oversight Committee regarding the president's financial records from Mazars, an accounting firm the Trump family has used for years.
The decision goes on to say that"this subpoena is a valid exercise of the legislative oversight authority because it seeks information important to determining the fitness of legislation to address potential problems within the Executive Branch and the electoral system; it does not seek to determine the President's fitness for office."
"Where there are constitutional doubts?" Consovoy said at the time."The committee's power should be narrow." House Oversight Chairman Elijah Cummings, D-Md., has accused the president of"unprecedented stonewalling" as he continues to fight this and other subpoenas issued by the House.
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