Court blocks release of Trump tax returns amid latest appeal

A federal appeals court on Tuesday blocked a New York prosecutor from obtaining Donald Trump's tax returns while his lawyers continue to fight a subpoena seeking the records. The three-judge panel ruled after hearing brief arguments from both sides.

News 12 Staff

Sep 1, 2020, 7:08 PM

Updated 1,424 days ago

Share:

Court blocks release of Trump tax returns amid latest appeal
A federal appeals court on Tuesday blocked a New York prosecutor from obtaining Donald Trump's tax returns while his lawyers continue to fight a subpoena seeking the records. The three-judge panel ruled after hearing brief arguments from both sides.
Trump's lawyers had asked for a temporary stay while they appeal a lower-court ruling that granted Manhattan District Attorney Cyrus Vance Jr.'s office access to Trump's tax returns. A lawyer for Vance's office had argued that further delays would only impede their investigation.
"The question at this juncture is quite simple but also quite important," Trump lawyer William Consovoy said. "Will the president be given an opportunity to appeal that ruling before his personal records are disclosed to the grand jury and the status quo is irrevocably changed?"
Trump lawyer Jay Sekulow said they were pleased with the ruling. A message seeking comment was left with Vance's spokesperson.
A hearing on the merits of Trump's latest appeal will be held on Sept. 25 after both sides agreed to an expedited schedule.
Trump's lawyers appealed to the 2nd U.S. Circuit Court of Appeals last month after a district court judge rejected their renewed efforts to invalidate a subpoena issued to his accounting firm. Judge John M. Walker Jr. said at Tuesday's hearing that the subpoenas cover 11 entities engaged in business dealings as far away as Europe and Dubai.
Trump has blasted the long-running quest for his financial records as a "continuation of the most disgusting witch hunt in the history of our country" and predicted the case would again end up before the Supreme Court.
The Supreme Court ruled last month that the presidency in itself doesn't shield Trump from Vance's investigation, but the high court returned the case to U.S. District Judge Victor Marrero's courtroom to allow Trump's lawyers to raise other concerns about the subpoena.
Trump's lawyers then argued that the subpoena was issued in bad faith and overly broad, might have been politically motivated and amounted to harassment. Marrero rejected those claims. Consovoy told the judges Tuesday that the investigation was an "arbitrary fishing expedition."
Carey Dunne, of the district attorney's office, said Trump and his lawyers have long misrepresented the scope of the investigation as focusing primarily on hush money payments that were paid to protect Trump from adultery allegations. Vance's lawyers have said they are legally entitled to extensive records to aid a "complex financial investigation."
"The president has complained at every turn that we've not announced what the grand jury is looking at as if that itself is bad faith," Dunne said. "But of course, what the grand jury is looking at is secret. We're not allowed to make that public, which is what has led to his speculation about the grand jury scope. But none of this speculation is plausible."
Even if Vance does get Trump's tax records, those would be part of a confidential grand jury investigation and not automatically be made public.
Vance, a Democrat, began seeking the Republican president's tax returns from his longtime accounting firm over a year ago, after Trump's former personal lawyer Michael Cohen told Congress that the president had misled tax officials, insurers and business associates about the value of his assets.
Congress is also pursuing Trump's financial records, though the Supreme Court last month kept a hold on the banking and other documents that Congress has been seeking and returned the case to a lower court.
Trump is the only modern president who has refused to release his tax returns. Before he was elected, he had promised to do so.
By MICHAEL R. SISAK, Associated Press


More from News 12
0:32
Police arrest man in connection to shooting murders in Clinton Hill

Police arrest man in connection to shooting murders in Clinton Hill

1:40
Nearly 300 probationary firefighters join the ranks of FDNY

Nearly 300 probationary firefighters join the ranks of FDNY

1:46
Sunny and warm weather with lower humidity for the weekend in Brooklyn

Sunny and warm weather with lower humidity for the weekend in Brooklyn

1:08
East Flatbush residents 'Occupy the Corner' for a safe summer

East Flatbush residents 'Occupy the Corner' for a safe summer

1:24
G train shutdown impacting Bed-Stuy commuters negatively

G train shutdown impacting Bed-Stuy commuters negatively

1:44
Gun detectors could arrive in NYC subway stations today as NYPD prepares pilot program

Gun detectors could arrive in NYC subway stations today as NYPD prepares pilot program

1:43
Welder Underground unveils ‘Rappin' Max Robot’ through apprenticeship program

Welder Underground unveils ‘Rappin' Max Robot’ through apprenticeship program

0:47
Attorney General James releases body camera footage of fatal officer-involved shooting in East Flatbush

Attorney General James releases body camera footage of fatal officer-involved shooting in East Flatbush

0:24
Police: Suspect wanted for punching 72-year-old man at 25th Street subway station

Police: Suspect wanted for punching 72-year-old man at 25th Street subway station

1:54
Boar’s Head deli meat recalled for potential listeria contamination

Boar’s Head deli meat recalled for potential listeria contamination

1:44
The Real Deal: How to save on expenses amid rising costs in New York

The Real Deal: How to save on expenses amid rising costs in New York

1:36
Students set to receive OMNY cards with more rides and less restrictions

Students set to receive OMNY cards with more rides and less restrictions

1:31
Tenants in Flatbush building say they are living with broken floors, mold, leaks and holes

Tenants in Flatbush building say they are living with broken floors, mold, leaks and holes

1:41
Neighbors describe MTA bus crashing into Burger King in Kensington

Neighbors describe MTA bus crashing into Burger King in Kensington

1:46
YMCA promotes swim safety services on World Drowning Prevention Day

YMCA promotes swim safety services on World Drowning Prevention Day

0:37
Brooklyn DA: Former teacher accused of enticing teenagers to send him explicit images

Brooklyn DA: Former teacher accused of enticing teenagers to send him explicit images

1:14
New lawsuits filed against Gov. Hochul's congestion pricing plan pause

New lawsuits filed against Gov. Hochul's congestion pricing plan pause

1:35
Rally outside Brooklyn Public Library calls for end to alleged 'power grab' from Mayor Adams

Rally outside Brooklyn Public Library calls for end to alleged 'power grab' from Mayor Adams

1:55
Residents say rats are taking over Sheepshead Bay street

Residents say rats are taking over Sheepshead Bay street

0:29
Southwest breaks 50-year tradition and will assign seats; profit falls at Southwest, American

Southwest breaks 50-year tradition and will assign seats; profit falls at Southwest, American