Federal appeals court rejects Trump’s effort to shield his taxes

Federal appeals court rejects Trump’s effort to shield his taxes

A federal appeals court on Wednesday let stand a ruling allowing lawmakers to subpoena President Donald Trump’s accountants for years of his financial records. A lawyer for the president promised to appeal to the Supreme Court.

On an 8-3 vote, the U.S. Court of Appeals for the D.C. Circuit declined to grant a hearing before the full court, upholding a ruling last month by a three-judge panel of the court to allow the subpoena.

The decision means that unless Trump appeals to the Supreme Court and wins, the House Oversight and Reform Committee can enforce its subpoena ordering the accounting firm, Mazars USA LLP, to hand over any documents in its possession related to accounts of the Trump Organization dating to January 2009.

The subpoena was issued in March after the committee heard testimony from Michael Cohen, Trump’s former personal attorney, alleging that Trump exaggerated his wealth when he sought loans.

The appeals court had already put a seven-day hold on the legal effect of the ruling so Trump’s attorneys could appeal. Jay Sekulow, one of the president’s personal attorneys, said late Wednesday that “in light of the well reasoned dissent, we will be seeking review at the Supreme Court.”

In a 2-1 vote, the three-judge appeals panel held last month that the subpoena served “legitimate legislative pursuits.”

mm

The idea of Fox Statement landed this journalist from a political background to a digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in Politics niche.

Leave a Reply

Your email address will not be published. Required fields are marked *