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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / US Court Orders Banks To Release Trump’s Financial Documents (351 Views)
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US Court Orders Banks To Release Trump’s Financial Documents by valentineuwakwe(m): 11:59pm On Dec 03, 2019 |
A US appeals court ruled Tuesday that two banks must hand over documents about Donald Trump ’s finances to Congress , in the latest legal blow to the president. Two Democratic- controlled committees issued subpoenas to Deutsche Bank and Capital One in April demanding that they hand over financial records related to Trump and his family. Trump , who is fighting attempts by Democrats and a New York prosecutor to force him to release eight years of tax returns, sued to stop the banks from complying. Two appeals courts have already ruled that he must make documents available , including information held by the accountancy firm Mazars USA, but decisions are pending in the Supreme Court. In a 106- page decision released Tuesday , a New York federal appeals court said the banks must comply with the congressional subpoenas but introduced a caveat given the volume of documents requested . The judges said the president could oppose the disclosure of certain documents that contain sensitive personal information that is not related to the ongoing investigations . They added that the exceptions should be limited , however. “ The committees’ interests in pursuing their constitutional legislative function is a far more significant public interest than whatever public interest inheres in avoiding the risk of a chief executive’ s distraction arising from disclosure of documents reflecting his private financial transactions ,” they wrote . Trump is expected to challenge the ruling . Last month, he said he would publish information about his finances before next year’s presidential election without specifying which documents he would release . Trump broke with a presidential norm during the 2016 contest by refusing to release his tax returns as most presidents have done since the 1970s even though it is not required by law. He claims that his tax returns are under audit by the Internal Revenue Service. source: http://classicnewsngr.com/us-court-orders-banks-to-release-trump-s-financial-documents 1 Like 1 Share
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Re: US Court Orders Banks To Release Trump’s Financial Documents by SarkinYarki: 12:01am On Dec 04, 2019 |
Useless Democrats know they stand no chance in the elections |
Re: US Court Orders Banks To Release Trump’s Financial Documents by voltron14: 12:14am On Dec 04, 2019 |
SarkinYarki: Shut up. I dont understand how a black man would support one who is sympathetic to neo-Nazis. 1 Like 1 Share |
Re: US Court Orders Banks To Release Trump’s Financial Documents by SarkinYarki: 12:30am On Dec 04, 2019 |
voltron14: Show me where Trump was sympathetic to Neo Nazism? Or keep quiet .. Trump has reduced back unemployment to an all time low in America , over 100 economic records set in the stock market in just 3 years . If you love the black race so much like you claim you will not be supporting a failed useless leader like Buhari is who the worst thing to have happened to black race since the slave trade , a man putting the lives of almost 200 million blacks in jeopardy with nepotic bad governance. Buhari has killed and impoverished more black people than German Nazis ever did so face it ...again I ask u what has Buhari achieved in 5 years ? What? 1 Like 1 Share |
Re: US Court Orders Banks To Release Trump’s Financial Documents by Bigflamie(m): 3:34pm On Dec 04, 2019 |
What's my biz with Americans' politics even when I knew they do things for their own selfish interest. USA is a sovereign nation just like every other country and they know the best thing to do. Just look at those folks up here disturbing our peace because of a country that doesn't give a hoot about third world country like this shithole. If Trump committed an impeachable offense then let him be impeached. 1 Like |
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