Supreme Court Justice Neil Gorsuch, a Trump appointee, seemed hesitant to second-guess Congress’ motives to subpoena the president’s financial records as the top court began hearing arguments in a major showdown over presidential powers
WASHINGTON - In a major showdown over presidential powers, U.S. Supreme Court justices on Tuesday appeared divided over President Donald Trump’s bid to prevent congressional Democrats from obtaining his financial records but seemed more open toward a New York prosecutor’s attempt to secure similar records.
Trump, unlike other recent presidents, has declined to release his tax returns and other financial records that could shed light on his net worth and the activities of his family real-estate company, the Trump Organization. The content of these records remains an enduring mystery of his presidency. Liberal justices seemed more sympathetic toward the House but raised concerns about an unfettered ability by lawmakers to subpoena a president’s personal records.
Trump’s lawyers argued that the House committees had no authority and no valid legislative reason to issue the subpoenas. The House committees have said they are seeking the material for investigations into potential money laundering by banks and into whether Trump inflated and deflated certain assets on financial statements - as his former personal lawyer has said - in part to reduce his real estate taxes.
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