The Supreme Court will hear arguments in March over whether President Trump must turn over his financial records in several different investigations at the state and federal level. The president and his legal team have been trying to shield his financial records from investigators in New York and Congress. 

A lower court had decided the president’s financial records must be turned over, but that decision will be stayed until the Supreme Court reaches a decision. Manhattan District Attorney Cyrus Vance Jr. is attempting to enforce a grand jury subpoena for the president to turn over eight years of tax returns from the president’s accounting firm, and congressional committees are attempting to obtain a broad range of the president’s past financial records. 

The president’s legal team has argued that the president has broad authority to exert privilege over his records. 

Any decision by the Supreme Court is likely to come in the heat of the 2020 presidential campaign and well after a Senate trial to determine whether he stays in office. 

— This is a developing story and will be updated.

Reporting contributed by CBS News’ Jan Crawford, Clare Hymes and Kathryn Watson


Leave a Reply

Your email address will not be published.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

You May Also Like

Tories gave donors seats in House of Lords, probe finds

Dozens of leading Tory donors have been given honours after donating huge sums of money to the Conservative party, an investigation has revealed. The party was accused of “cronyism” and faced calls for a probe after an analysis by the…

White House considers arguing that Trump wasn’t impeached

The White House is considering making the argument that President Trump has not officially been impeached, given that House Speaker Nancy Pelosi has not transmitted the articles of impeachment to the Senate, two sources involved in the president’s impeachment defense…

House passes War Powers Resolution in rebuke of Trump’s actions against Iran

Nazee Moinian, Iranian scholar and political consultant, and Fox Nation host Lara Logan examine what the people of Iran are saying about President Trump’s message. The House of Representatives on Thursday voted in favor of a War Powers resolution meant…

Britain First urges supporters to join Tories ‘to make Boris secure’

Far-right Britain First is urging its supporters to join the Conservative Party in order to “make Boris Johnson‘s leadership more secure”. The extremist group, whose leaders were jailed last year, sent an email to subscribers claiming “thousands” of its activists were…