Supreme Court issues split decisions on cases seeking Trump tax records

US President Donald Trump who was hit with a mixed decision from the US Supreme Court regarding his financial records at an Independence Day event at Mount Rushmore

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The U.S. Supreme Court is issuing the final opinions of its current term today, with attention focused on three high-profile cases involving requests for President Donald Trump's tax records and other financial documents by congressional committees and a NY prosecutor. "This case stemmed from mandates that the Obama administration promulgated that put unreasonable demands on employers to cover potentially life-ending drugs, contraception, and sterilization".

Roberts Jr., writing for the majority, rejected Trump's claim of immunity.

"We have held that each house has power to secure needed information in order to legislate", he said, affirming the power of Congress to legitimately subpoena the president. But justices vacated the House subpoenas, saying lower courts failed to properly balance the legal and constitutional questions raised by the request.

First, courts should carefully assess whether the asserted legislative goal warrants the significant step of involving the President and his papers.

Another particularly important decision for Trump is ahead. And then the losing party will likely go back to the Supreme Court.

But the nation's highest court ruled a local grand jury investigating Trump in his original hometown must be given access to the documents.

The Mazars ruling was another disappointing decision for those seeking to make Trump's financial records public before the presidential election.

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"Congressional subpoenas for the President's personal information implicate weighty concerns regarding the separation of powers", Judge Roberts wrote. The Supreme Court ruled that lower courts should have taken account of separation of powers concerns. "BUT NOT ME!" he tweeted. Rejecting the notion of absolute immunity, Roberts found that "we can not conclude that absolute immunity is necessary or appropriate under Article II or the Supremacy Clause". Trump said the House should have to show that the records are "demonstrably critical" to a legislative objective, an approach Roberts said "would risk seriously impeding Congress in carrying out its responsibilities".

"These opinions offer a resounding, definitive rejection of President Trump's claims to monarchical prerogative".

"History really matters here", Letter said, "and it shows you that the arguments here made by Mr Trump ignore an astonishing amount of history".

Congress could also pass rules for the judiciary that would expedite cases dealing with subpoena disputes so that the "delay tactics are not that effective", Turberville said.

House committees issued subpoenas seeking Trump's financial records from his longtime accounting firm Mazars LLP and two banks, Deutsche Bank and Capital One.

The president's accounting firm, Mazars USA, is now expected to comply with a subpoena from a grand jury established by Vance's office.

Separately, a NY grand jury was said to be looking into potential crimes involving Trump's personal and business dealings there.

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Trump promised to release his tax returns during his 2016 campaign for the White House but has declined to do so.

"The public will not see his tax returns in 2020".

Trump, for his part, vociferously defended himself Thursday. Sekulow advanced an expansive argument for executive power, asserting that sitting presidents are immune from criminal investigation.

"A careful reading of the Supreme Court rulings related to the president's financial records is not good news for President Trump", said Pelosi, D-Calif.

The justices sent the case back to the lower courts.

Trump has long fumed about prosecutors and attorneys from NY, ousting two of them from office (including Indian-American Preet Bharara), while claiming absolute Presidential immunity.

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