President Trump loses appeal to stop House subpoena of his tax documents

Trump loses appeal to withhold financial records from Democrats

Trump loses appeal to withhold financial records from Democrats

Considering this was the first appeal of the matter, the only legal remedy left would be going to the Supreme Court. His lawyers sued to block the subpoena, arguing that Congress had no legitimate legislative goal for getting the materials.

The 2-1 ruling of the U.S. Circuit Court of Appeals for the District of Columbia is the latest blow to Mr. Trump as he tries to battle a zealous impeachment probe.

Mazars, which was recently also subpoenaed by NY state in a different attempt to obtain the president's financial records, has taken no position on the subpoena's validity, implying that it will comply with the Court's decision.

Trump, the Trump Organization and the president's three oldest children have steadfastly refused to surrender their records to Congress. The records at issue include documents from 2011 to 2018 the House wants for investigation of the president's reporting of his finances, potential conflicts of interest and whether he may have engaged in illegal conduct before and during his time in office.

Today's ruling is an entirely different case, related to a congressional effort to subpoena Trump's accounting firm.

"When it comes to the president, the person and the office are one and the same", the president's lawyer, William Consovoy, argued in appeals court over the summer.

Trump appointee Neomi Rao wrote in dissent that the committee should have asked for the records under the House's impeachment power, not its legislative authority.

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Trump now is asking the 2nd Circuit to block another subpoena for his corporate and personal income tax returns that was issued by a state grand jury in New York City.

A U.S. District judge said in a May decision that Mazars documents might assist Congress in passing laws and performing other core functions.

Breaking with four decades of presidential tradition, Trump has declined to make his detailed financial records public.

The House Oversight Committee had subpoenaed Trump's accounting firm, Mazars USA, for the documents, but the president's legal team argued that their investigation served no legislative objective. He lost in federal district court in May and appealed.

Trump's lead counsel, Jay Sekulow, tells ABC News the team is "evaluating their options".

Mr Trump had argued that Oversight committee seeking the records from Mazars is out to get him and lacks a legitimate "legislative purpose" for its request. The accounting firm took no position. Throughout our history, Congress, the President, and the courts have insisted upon maintaining the separation between the legislative and impeachment powers of the House and recognized the gravity and accountability that follow impeachment.

"After months of delay, it is time for the President to stop blocking Mazars from complying with the Committee's lawful subpoena", Rep Cummings said in a statement. The House Ways and Means Committee has sued the Trump administration over access to the president's tax returns. Earlier this week, for example, a federal judge ruled that a NY district attorney's office, which is investigating Trump's hush-money scandal, has the legal right to access eight years' worth of personal and business tax returns from the president.

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