12/21/2023 0 Comments States ruling on trump finances![]() What the Supreme Court decides could unleash or constrain presidential power for a generation, and more immediately for Trump, might result in the revelation of his closely-held tax returns and financial records in the middle of an election year that already has him slipping in key polls. Now the showdown is heading to the nation’s highest court, which enjoys a conservative majority sympathetic to strong claims of executive power but has already signaled a possible desire not to take a bold stance in these cases. Trump has already been stymied six times in the three linked cases: in each case, a district court ruled against the president, and an appeals court affirmed that decision. In each case, Trump’s lawyers have made sweeping arguments about presidential immunity from congressional oversight and criminal investigation, a position critics say places a sitting president above the law. What the Supreme Court decides could have major ramifications for presidential power. ![]() Now the Supreme Court is being asked to rule on two possible avenues for obtaining those records: congressional subpoenas and a grand jury subpoena from New York. ![]() President Trump has refused to release his tax returns since he hit the campaign trail five years ago, breaking with a decades-old tradition of financial transparency for presidents and presidential candidates. ![]() The Supreme Court heard oral arguments in a trio of cases Tuesday that will test the Trump Administration’s expansive view of presidential power and could determine whether voters will be able to see Donald Trump’s financial records before the November election. ![]()
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