Politics

House Calls on Supreme Court to Allow Them to Enforce Subpoenas for Trumps Financial Records

House Democrats urged the Supreme Court to allow them to enforce congressional subpoenas for President Donald Trumps financial records, saying that the information was needed to protect the 2020 election from foreign interference.

In a filing on Wednesday (pdf), the House attorneys argue that any harm suffered by Trump and his businesses from complying with the subpoena would be less severe than the harm the House and the public would suffer without having access to the financial records so that it could “exercise its constitutional functions.”

The attorneys said the information was needed to determine if legislation is warranted to protect against threats of foreign interference.

“Legislative efforts to secure the financial system from abuse have obvious importance. And nothing is more urgent than efforts to guard against foreign influence in our systems for electing officials, particularly given the upcoming 2020 elections,” the attorneys wrote in the filing.

The filing was made in response to a temporary hold, issued by the top court on Dec. 6, on a Second Circuit Court of Appeals ruling that ordered two banks that have done business with President Donald Trump—Deutsche Bank AG and Capital One Financial Corp—to release Trumps financial documents to two House Committees. Trumps legal team filed the emergency application for a stay on the lower courts ruling earlier on the same day in order to enable them time to file a petition to the Supreme Court to review the case.

The case stems from subpoenas issued by the House Financial Services and House Intelligence committees in April to the two banks asking them to turn over documents related to Trumps financial records concerning him, his children, and his company.

Trump then sued the two banks in April in an effort to stop them from complying with the subpoenas, arguing that the House subpoenas were unlawful and unconstitutional. But in May, U.S. District Judge Edgardo Ramos ruled that subpoenas have “a legitimate legislative purpose” and could be enforced.

Ramoss ruling prompted Trump to file an appeal in August to the Second Circuit Court. But the court ruled on Dec. 3 that the banks must comply with the subpoenas.

The HousRead More – Source

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