Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Trump to renew challenges to Manhattan prosecutor's subpoena for financial records

Published 07/15/2020, 11:40 AM
Updated 07/15/2020, 01:20 PM
© Reuters. U.S. President Donald Trump attends a news conference in the Rose Garden at the White House in Washington

By Jonathan Stempel

NEW YORK (Reuters) - U.S. President Donald Trump plans further challenges to a Manhattan prosecutor's efforts to seek his financial records, despite a U.S. Supreme Court decision allowing the pursuit.

According to a joint filing by lawyers for Trump and Manhattan District Attorney Cyrus Vance, the president plans by July 27 to file a complaint raising arguments against Vance's grand jury subpoena, which Trump said the nation's highest court allowed him to make.

Vance countered that most of these arguments have already been rejected in the litigation, and Trump deserves no special treatment because he is president. The district attorney agreed not to enforce the subpoena through July 27.

U.S. District Judge Victor Marrero in Manhattan has scheduled a Thursday hearing on the matter.

The case concerns a subpoena last August to Trump's accounting firm Mazars USA for eight years of personal and corporate tax returns, related to Vance's criminal probe into Trump and his Trump Organization.

That probe was spurred by news about hush money paid before the 2016 election, including to buy the silence of adult film actress Stormy Daniels and former Playboy model Karen McDougal about their claimed relationships with Trump, which he denies.

Vance had prevailed on July 9 at the Supreme Court, which rejected Trump's claim he was immune from criminal probes while in the White House and could block the release of his records.

"No citizen, not even the President, is categorically above the common duty to produce evidence when called upon in a criminal proceeding," Chief Justice John Roberts wrote.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The court separately rejected the Democratic-led House of Representatives' effort to see many of the records Vance sought.

Its decisions likely mean the records will not become public until at least after the Nov. 3 election.

In Wednesday's filing, Trump's lawyers said the Republican president may argue that Vance's subpoena was too broad, or that enforcement might "impede his constitutional duties."

They may also argue that Vance, a Democrat, pursued the subpoena to harass Trump, or retaliate against his policies.

Vance has denied acting in bad faith, and said the motives for a subpoena are not something courts should normally examine.

The case is Trump v Vance et al, U.S. District Court, Southern District of New York, No. 19-08694.

Latest comments

What is it that Americans can't see about a potus attempting to hide (at great cost) his trail of financial doings? -- If it talks like a con, walks like a con, acts like a con THEN IT IS A CON. __ How can a con m.a.g.a? .. There's plenty of evidence how the economies of con prez's of other countries have fared, take Philipenes as an example or Brazil, or Argentine. And it's clear that potus has been busy tearing down existing arrangements without competency of replacing them with better systems. America is a sinking ship. The mice are leaving. Americans are shunned in Europe. Countries close their borders to Americans
hows the weather in moscow, comrade?
lock him up!
he is locked up...in his basement. tell china joe's handlers to let him out. i want to see him shuffle more than 20 feet.
why is he hiding his financial record. sounds strange
get the traitor and crook out of this white house
bidens not in the white house. nor is the traitorous obama who sold us out to china and iran, and tried to overthrow a duly-elected president.
I can only assume that you believe in aliens and big foot as well.
: i believe in illegal aliens.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.