The court’s ruling, expected by June, could release information the president has tried to protect. Or the justices could rule that his financial affairs are not legitimate subjects of inquiry so long as he remains in office.
WASHINGTON – The Supreme Courtagreed on Fridayto decide whether President Trump can block the release of his financial records, setting the stage for a blockbuster ruling on the power of presidents to resist demands for information from prosecutors and Congress. The court’s ruling, expected by June, couldrequire disclosure of information the president has gone to extraordinary lengths to protect. Or the justices could rule that Mr. Trump’s financial affairs are not legitimate subjects of inquiry so long as he remains in office. Either way, the court is now poised to produce a once-in-a-generation statement on presidential accountability.The case will test the independence of the court, which is dominated by Republican appointees, including two named by Mr. Trump. In earlier Supreme Court cases in which presidents sought to avoid providing evidence, the rulings did not break along partisan lines.
all of the subpoenas sought information from Mr. Trump’s accountants or bankers, not from Mr. Trump himself, and the firms have indicated that they will comply with the court’s ruling. Had the subpoenas sought evidence from Mr. Trump himself, there was at least a possibility that he would try to defy a ruling against him, prompting a constitutional crisis.**************** One of the cases concerned a subpoena to Mr. Trump’s accounting firm, Mazars USA, from the office of the Manhattan district attorney, Cyrus R. Vance Jr., a Democrat. It sought eight years of business and personal tax records in connection with an investigation of the role that Mr. Trump and the Trump Organization played in hush-money payments made in the run-up to the (election.Both Mr. Trump and his company reimbursed the president’s former lawyer and fixer, Michael D. Cohen, for payments made to the pornographic film actress Stormy Daniels, who claimed that she had an affair with Mr. Trump.************