Trump lawyers call Congress’s demands for his tax returns, financial statements ‘unconstitutional’
By Spencer S. Hsu Spencer S. Hsu Investigative reporter Email Bio Follow May 8 at 9:10 PM Lawyers for President Trump called Congress’s demands for his tax returns unconstitutional Wednesday, urging a federal judge to block a House Oversight Committee subpoena for years of his financial statements.
Trump’s lawyers argued that the president’s past personal dealings are irrelevant to the legislative branch’s duties.Trump is fighting with Congress and others on multiple fronts to prevent his private financial information from being released to the public. Deutsche Bank and Mazars, which Trump sued after each was issued subpoenas by House committees, were reliable partners of Trump’s as he emerged from his debt-fueled bankruptcies in the 1990s to own golf courses and hotels in New York, Florida, Las Vegas and elsewhere in the United States.
Mazars, a Long Island accounting firm, for many years helped Trump prepare “Statements of Financial Condition” — documents in which Trump repeatedly inflated the value of his own holdings and often omitted liabilities.House Oversight Committee Chairman Elijah E. Cummings announced plans in April to subpoena Mazars to corroborate testimony by Trump’s former attorney, Michael Cohen, before a congressional hearing that Trump intentionally misreported the value of his assets for personal gain.
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