Donald Trump's finances: will voters ever know the truth?

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Donald Trump's finances: will voters ever know the truth?
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Eventually, perhaps, but not by Nov. 3, 2020.

Donald Trump

The subpoenas, issued by three Congressional committees and a state grand jury in Manhattan, seek the records of Trump, his three oldest children—Donald Jr., Ivanka and Eric—The Trump Organization and a dense tangle of affiliated business entities. All three district judges ruled against Trump, and all three appeals courts promptly affirmed. In total, twelve federal judges took part, with nine voting against Trump. The appeals court rulings were authored by three eminent circuit judges with, between them, 92 years of experience on the bench.

Cummings' subpoena to Mazars was prompted, in part, when the Office of Government Ethics, in May 2018, found that candidate Trump had filed an inaccurate ethics disclosure statement. It omitted his obligation to reimburse his private attorney, Michael Cohen, for"hush money" payments to adult film actress Stormy Daniels.

Rao then drew a bright-line distinction that, if adopted by the Supreme Court, would mark a radical change from existing practice."Allegations of illegal conduct against the president cannot be investigated by Congress except through impeachment," she wrote. This was so, she insisted, even if"the investigation also has a legislative purpose."

This main difference between this case and the Mazars case is that the Finance and Intelligence committee chairs did not explicitly admit that they were seeking evidence of criminal wrongdoing. Thus, Judge Rao's argument—that the subpoena could only be issued as part of a formally convened impeachment inquiry—was unavailable.The stated purposes for the Deutsche Bank and Capital One subpoenas were more benign.

Treasury Secretary Steven Mnuchin testifies during a House Financial Services Committee on Capitol Hill May 22, 2019 in Washington, DC. The committee heard testimony from the Secretary on the State of the International Financial System, and President Donald Trump’s tax returns.The third case before the Court presents different issues still. It involves a state grand jury subpoena, rather than a Congressional subpoena.

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