Supreme Court: Trump Cannot Keep Returns Private from Prosecutors

By:
Chris Gaetano
Published Date:
Feb 22, 2021
The U.S. Supreme Court, in a 7-2 decision, ruled that Former President Donald Trump cannot preent New York prosecutors from getting his financial information, including tax records, CNBC reported.  Manhattan District Attorney Cyrus Vance has been investigating the former president for possible financial crimes, including  claims that he fraudulently inflated and deflated the value of his real estate assets for tax and insurance purposes.

The former president, in his final year in office, argued before the Supreme Court that he has blanket immunity from any state criminal subpoena, as complying with it would excessively interfere with his functions as the executive. The court, also by a 7-2 vote, rejected this claim, saying that just being distracted is not sufficient cause to invalidate the subpoena, especially because the president conceded that grand juries do indeed have the right to investigate a sitting president. Also, President Bill Clinton tried the exact same argument in the 1990s and it failed then too.

This second time that the former president's taxes came before the Supreme Court was in response to a 2nd Circuit Court of Appeals ruling that found that the Trump team's claims that the prosecutor's subpoenas were overly broad and filed in bad faith did not hold. In contrast to the Supreme Court's voluminous opinion the last go around, this time, all the court said in agreeing with the appeals court was: “The application for a stay presented to Justice Breyer and referred to the Court is denied.” CNBC said there is speculation that the high scourt is tired of being in the center of media dramas and did not want to get in between Vance and Trump.

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