The U.S. Supreme Court on Monday turned down a request to halt the investigation into former President Trump’s tax affairs.
The ruling clears the way for Manhattan District Attorney Cy Vance to enforce a grand jury subpoena for both Trump’s private and corporate finances, including tax returns. His office is expected to obtain 8 years’ worth of the former president’s tax information, however, under grand jury secrecy rules, it is unclear if the public will ever see them.
The case concerned a subpoena to Trump’s accountants Mazars USA, which said it will comply with the court’s ruling. Trump argued that the subpoenas were issued in bad faith.
Vance responded to Monday’s decision with a short statement on Twitter that read: “The work continues.”
The work continues.
— Cyrus Vance, Jr. (@ManhattanDA) February 22, 2021
Not a first: This is the second time that the Supreme Court refuses to block a grand jury subpoena for Trump’s records. The court ruled last year that he is not immune to grand jury requests, despite serving as president at the time.
“In our judicial system, ‘the public has a right to every man’s evidence.’ Since the earliest days of the Republic, ‘every man’ has included the President of the United States,” Chief Justice John Roberts wrote in an opinion.
Vance office’s probe originally was believed to focus on alleged hush-money payments made on Trump’s behalf to two women. The women claimed they had affairs with the former president but he has denied the allegations.
Later reports and court records suggested Vance is also looking into more serious allegations, such as potential tax and insurance fraud involving the Trump Organization. According to the Wall Street Journal, the investigators are also probing some loans that the former president took.
How we got here: White President Trump said during his 2016 presidential run that he will make his tax returns public, he never did. In fact, he fought hard not to reveal them, drawing considerable criticism and raising questions for breaking with his predecessors’ practice.
Hey …. visit CNN sometime and ask yourself, “Would this be any different if it were produced by the Democratic party?” #DontTrustTheMedia
Photo credit: Brian Turner
The post Supreme Court Denies Trump’s Requests To Shield Tax Documents appeared first on LaCorte News.
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Author: Penka Arsova
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