Democrats vow to keep up fight after Supreme Court blocks bid for Trump finances

By Andy Sullivan WASHINGTON (Reuters) - Democrats vowed to keep up their fight to get access to President Donald Trump's finances after the U.S. Supreme Court denied their request to see them but ruled they must be shared with a New York criminal investigation

Reuters July 10, 2020 00:07:02 IST
Democrats vow to keep up fight after Supreme Court blocks bid for Trump finances

Democrats vow to keep up fight after Supreme Court blocks bid for Trump finances

By Andy Sullivan

WASHINGTON (Reuters) - Democrats vowed to keep up their fight to get access to President Donald Trump's finances after the U.S. Supreme Court denied their request to see them but ruled they must be shared with a New York criminal investigation.

The decision means voters almost certainly will not see Trump's tax returns and other documents before the Nov. 3 election, when he will try to win a second four-year term. But Democratic leaders said they would continue their efforts to make that information public.

"No matter how much he wishes it to be true, President Trump is not king," Senate Democratic Leader Chuck Schumer said in a statement. "The Supreme Court today upheld a fundamental tenet of our democracy that no one is above the law."

Unlike other recent presidents, Trump has refused to disclose materials that would shed light on the scope of his wealth and his family-run real estate business.

The Supreme Court ruled that a New York prosecutor can get Trump's financial records, but prevented, at least for now, the Democratic-led House of Representatives from obtaining similar documents. That case will continue in lower courts.

Trump himself did not take the ruling as something to celebrate.

"Now I have to keep fighting in a politically corrupt New York. Not fair to this Presidency or Administration!" Trump wrote on Twitter.

Trump's lawyer Jay Sekulow said the battle was not over.

"We will now proceed to raise additional Constitutional and legal issues in the lower courts," Sekulow said in a prepared statement.

Trump's lawyers had argued that U.S. presidents are immune from criminal proceedings while in office. But he could face legal exposure if he is defeated in November and leaves office in January 2021. Opinion polls show Trump trailing his likely Democratic rival, former Vice President Joe Biden.

House Democrats have been examining whether Trump's business dealings involved money laundering or left him vulnerable to foreign influence. Several said they were disappointed that the Supreme Court did not give them immediate access to his finances but predicted they would succeed in the long run.

"I am confident our Committee ultimately will prevail," House Oversight Committee chair Carolyn Maloney said in a statement.

Trump's Republican allies said both investigations are motivated by partisan politics.

"It seems much more political than anything else," House Republican Leader Kevin McCarthy said at a news conference.

(Reporting by Andy Sullivan; Additional reporting by Karen Freifeld, David Morgan, Mark Hosenball and Susan Cornwell; Editing by Scott Malone and Alistair Bell)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

TAGS:

also read

Guinea president 'captured', govt dissolved, claim army putschists'; attack on presidential palace repulsed, say authorities
World

Guinea president 'captured', govt dissolved, claim army putschists'; attack on presidential palace repulsed, say authorities

Reports suggest that they captured President Alpha Conde and dissolved the government, bust the ground situation remains unclear

Cryptocurrency prices tumble and exchange trading falters as snags crop up
News & Analysis

Cryptocurrency prices tumble and exchange trading falters as snags crop up

NEW YORK (Reuters) -The price of cryptocurrencies plunged and crypto trading was delayed on Tuesday, a day in which El Salvador ran into snags as the first country to adopt bitcoin as legal tender. Shares of blockchain-related firms also fell as crypto stocks were hit by trading platform outages. But the major focus was on El Salvador, where the government had to temporarily unplug a digital wallet to cope with demand.

Ford poaches Apple's car project chief Doug Field
News & Analysis

Ford poaches Apple's car project chief Doug Field

By Joseph White and Sanjana Shivdas (Reuters) -The head of Apple Inc's car project, Doug Field, is going to work for Ford Motor Co to lead the automaker's advanced technology and embedded systems efforts, a hiring coup for Ford Chief Executive Jim Farley.