Tuesday, December 3, 2019

Appeals Court Denies Trump Attempt To Keep Financial Records From Congress


The noose tightens:
A federal appeals court has sided with House Democrats seeking to obtain President Trump’s private financial records from Deutsche Bank and Capital One, stating that "the public interest favors denial of a preliminary injunction.”
The ruling by the U.S. Court of Appeals for the 2nd Circuit came in the ongoing legal battle Trump has waged over access to his private business records -- including two cases that have already reached the Supreme Court.
The New York-based appeals court upheld Congress’s broad investigative authority and ordered the two banks to comply with the House subpoenas for the president’s financial information. The case pre-dates the public impeachment proceedings in the House. [snip]
The House Intelligence and Financial Services committees are seeking more than 10 years of financial records on Trump, his three oldest children – Eric, Don and Ivanka -- and Trump’s businesses. The committees, led by Reps. Adam Schiff and Maxine Waters, both California Democrats, say they need the records as part of broad investigations into Russian money laundering and potential foreign influence involving Trump.
More than anything else, disclosure of Putin asset Donald "Impeachable Me" Trump's finances would potentially reveal the scope and depth of Russia's hold on him, including underwriting loans to prop up Trump businesses and money laundering through Trump properties, as well as fraud and tax evasion.

As always, we may soon see how the party- before- country Republican Supreme Court will come down on the various cases involving their boy Trump's finances and taxes.  (Is that foreshadowing?)