The Supreme Court hands Donald Trump a defeat over his finances

Malaysia News News

The Supreme Court hands Donald Trump a defeat over his finances
Malaysia Latest News,Malaysia Headlines
  • 📰 TheEconomist
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 92%

The Supreme Court rejected President Donald Trump’s claim that he holds absolute immunity to criminal investigations while in office

AMERICA’S SUPREME COURT issued a Solomonic pair of rulings on July 9th. By a 7-2 majority, the justices declared that Cyrus Vance, a New York prosecutor, may see details of President Donald Trump’s finances and his tax returns—something Mr Trump has long resisted. Within months, a grand jury may view documents related to allegations that Mr Trump paid off paramours.

The New York grand jury is investigating Mr Trump’s alleged hush-money payoffs to an adult-film star and aholds that Mr Trump has no blanket protection preventing the release to that jury of his taxes and financial records from Mazars USA, his accountant. Nor may Mr Trump, or any president, demand a “heightened standard of need” when a prosecutor requests evidence.

At the same time, however, the majority found little to recommend the standard urged by the House—which its lawyer had a terrible time articulating in oral argument in May. The House’s view leaves “essentially no limits on the congressional power to subpoena the president’s personal records”, the majority held, and opens the door to harassment of the executive by Congress.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheEconomist /  🏆 6. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SCOTUS rules against Trump on financial records subpoena in NY criminal investigationSCOTUS rules against Trump on financial records subpoena in NY criminal investigationJUST IN: 'Courts in the past have given 'broad deference'. BUT NOT ME!' Pres. Trump tweets after Supreme Court rules against him on financial records subpoena in New York criminal investigation.
Read more »

Supreme Court to rule Thursday on President Trump's effort to keep taxes, financial records secretSupreme Court to rule Thursday on President Trump's effort to keep taxes, financial records secretThe justices' rulings will carry political, legal and constitutional implications for the president, Congress and law enforcement officials.
Read more »

Supreme Court Says New York Prosecutors Can Obtain Trump Tax Returns, But Public Won’t See Them Anytime SoonSupreme Court Says New York Prosecutors Can Obtain Trump Tax Returns, But Public Won’t See Them Anytime SoonThe Supreme Court ruled that Manhattan prosecutors can obtain Donald Trump’s financial records, including his tax returns, concluding that the president was not immune from a grand jury subpo…
Read more »

'Not their problem': Katy Tur says Trump campaign doesn't think tax issue will affect 2020'Not their problem': Katy Tur says Trump campaign doesn't think tax issue will affect 2020.KatyTurNBC says the Trump campaign doesn't think the SCOTUS decision on Pres. Trump’s taxes will 'move the needle either way' for the 2020 election. “The tax issue has been something that has been chewed over now, for going on 5 years.”
Read more »

Supreme Court deals Trump a defeat, upholds demand for his tax returnsSupreme Court deals Trump a defeat, upholds demand for his tax returnsBREAKING: The Supreme Court dealt President Trump a major defeat Thursday by rejecting his claims of presidential immunity and upholding subpoenas from New York prosecutors seeking his tax returns and financial records
Read more »

supreme court - MarketWatch.com Search
Read more »



Render Time: 2025-03-10 07:40:29