A federal appeals court on Friday rejected President Donald Trump’s bid to block a subpoena for his personal and business income tax returns from the Democrat-controlled House Committee on Oversight and Reform.
The Democrats’ subpoena to Trump’s accounting firm seeks eight years of financial records related to President Trump, his real-estate company, his foundation, and other entities belonging to him.
The 2-1 ruling by the U.S Circuit Court of Appeals for the District of Columbia Circuit upheld a federal district court judge’s previous decision denying the president’s effort to block House Democrats from receiving the records.
“Contrary to the President’s arguments, the Committee possesses authority under both the House Rules and the Constitution to issue the subpoena, and Mazars must comply,” Judge David Tatel wrote in the majority opinion.
? Unless the full D.C. Circuit Court agrees to reconsider the decision, or the U.S. Supreme Court blocks it, the Democrats will eventually get a hold of eight years of President Trump’s financial records.