Tuesday, October 20, 2020

Judge decides against Trump on financial records disclosure

Featured

GIP releases inaugural annual report at second plenary meeting

The Second Plenary Meeting of the Green Investment Principles for the Belt and Road (GIP) was held today in...

Pakistan re-elected as member UNHRC

Pakistan has been re-elected to the United Nations Human Rights Council (HRC) with an overwhelming majority securing 169 votes...

Indonesia to host Trade Expo Indonesia 2020 Virtually

The Government of Indonesia is once again hosting its biggest annual international business exhibition, the Trade Expo Indonesia (TEI)...
Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

In the dispute over the disclosure of his financial records, US President Donald Trump has suffered defeat.

Trump had fought in court against the Congressional attempt to gain insight into his finances through an accounting firm.

However, a federal judge dismissed Trump’s objections in Washington and ruled that the president could not block the call from Congress.

With their newly won majority in the House of Representatives, the Democrats are forging ahead with various investigations against Trump and trying, among other things, to gain insight into their finances.

Elijah Cummings, chairman of the House Audit Committee, had requested financial documentation from a company with whom Trump and his companies had long worked in accounting. Cummings issued a penalty-reinforced order, with which he can force the company Mazars to hand over the documents.

Attorneys of Trump and the Trump organization had filed a lawsuit arguing that this was inadmissible. They accused the Democrats of conducting a political war against Trump.

However, the federal judge rejected these objections and declared the efforts of the congress admissible.

The Democrats are also trying to get hold of Trump’s financial documents by other means. The Finance and Tax Committee of the House of Representatives had asked Secretary of State Steven Mnuchin to present the tax returns of Trump and several of his companies over the past six years, which Mnuchin refused to do. This dispute should also go to court.

Normally presidential candidates publish their tax returns during the election campaign. Trump, on the other hand, has not done so to this day, fueling his critics with the suspicion that he has something to hide.

Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

Latest News

GIP releases inaugural annual report at second plenary meeting

The Second Plenary Meeting of the Green Investment Principles for the Belt and Road (GIP) was held today in...

Pakistan re-elected as member UNHRC

Pakistan has been re-elected to the United Nations Human Rights Council (HRC) with an overwhelming majority securing 169 votes in the 193-member UN General...

Indonesia to host Trade Expo Indonesia 2020 Virtually

The Government of Indonesia is once again hosting its biggest annual international business exhibition, the Trade Expo Indonesia (TEI) on 10 – 16 November...

The World Health Organization warns countries not to be complacent in measures to prevent Corona

The Executive Director of the World Health Organization's emergency program, Dr.Mike Ryan, has warned all countries of the world against negligence in following the...

South Korea records 102 new cases of coronavirus

South Korea's Quarantine Command Center said today, Tuesday, that the total number of people infected with Covid-19 rose to 24,805, an increase of 102...

Related News