President Trump's accountants will have to hand over years of financial records and tax returns after the Supreme Court ruled that he did not have immunity from a grand jury investigation in New York.
The justices voted 7-2 in the first of two opinions expected to be published on Thursday examining the limits of presidential power and the contours of congressional oversight.
Unlike other recent presidents, Trump has refused to publish his tax returns and other financial papers that would provide a snapshot of his wealth.
During three hours of oral testimony in May, conducted by teleconference, lawyers tussled over whether the House of Representatives and a New York prosecutor were allowed to subpoena President Trump’s banks and accounting firm for his financial documents. Three House committees are seeking records from Mazars, accountants to the Trump Organization, and two banks that made loans to the Trump businesses. Democratic members believe the documents may provide insight into whether Trump borrowed money from, or dealt with, Russian companies before taking office.
Patrick Strawbridge, representing Trump, said during oral arguments before the court in May that the subpoenas went far beyond any legitimate legislative investigation...
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