Monday, June 14, 2021

US appeals court upholds decision to disclose Trump’s financial records

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Hailey Warner
Hailey isn't the biggest fan of Winter, but she's doing her best to embrace the cold weather and snow. You can find her trying out new recipes, playing squash or writing editorials.
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Trump’s financial records: A US appeals court said on Wednesday it would not review an October decision ordering President Donald Trump’s accounting firm to allow the House of Representatives access to its financial records.

The 8-3 vote by the US Court of Appeals for the D.C. Circuit, declining the Republican president’s request to rehear arguments that the subpoena to Mazars LLP was illegitimate, brings Democrats closer to shedding light on his business interests and how he built his fortune.

In a statement, Trump lawyer Jay Sekulow said the president would appeal to the U.S. Supreme Court.

NBFI

The House Oversight Committee subpoenaed Mazars this year, saying it needed the records to determine if Trump complied with laws requiring disclosure of his assets, and to assess whether those laws needed to be changed.

While campaigning for the presidency in 2016, Trump broke with a decades-old convention of candidates releasing their tax returns publicly.

Read also: House committee will hold public hearings on Trump’s accountability next week

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