The ruling concerned not just the release of financial records, but the limits of presidential power. The Justice Department had argued that the president is immune from investigation while he holds office, and that a prosecutor must show a greater need than normal to obtain the records. The high court rejected those arguments.
The Supreme Court ruled Thursday that a district attorney in Manhattan can seek Donald Trump‘s tax and financial records from his accounting firm, a potentially damaging ruling against the president and his New York-based business.
“Two hundred years ago, a great jurist of our Court established that no citizen, not even the President, is categorically above the common duty to produce evidence when called upon in a criminal proceeding,” Chief Justice John Roberts wrote in his ruling.
The ruling, while ostensibly handing a defeat to the president’s efforts to keep his financial records private, likely means that those records will not be made public before November’s presidential election.
The Manhattan district attorney had sought records from Mr Trump’s accounting firm concerning payments arranged by his former personal lawyer, Michael Cohen. The payments in question were allegedly made to keep two women from airing their claims of decade-old extramarital affairs with Trump during the 2016 presidential race.
Mr Trump responded to the ruling by calling the investigation by the Manhattan district attorney “a political prosecution.”
“The Supreme Court sends case back to Lower Court, arguments to continue. This is all a political prosecution. I won the Mueller Witch Hunt, and others, and now I have to keep fighting in a politically corrupt New York. Not fair to this Presidency or Administration!” he wrote on Twitter. “Courts in the past have given ‘broad deference’. BUT NOT ME!”
Cyrus Vance, the Manhattan DA, called the ruling a “tremendous victory.”
“This is a tremendous victory for our nation’s system of justice and its founding principle that no one – not even a president – is above the law,” he said in a statement.
“Our investigation, which was delayed for almost a year by this lawsuit, will resume, guided as always by the grand jury’s solemn obligation to follow the law and the facts, wherever they may lead.”
By 7-2 votes, the justices upheld the Manhattan district attorney’s demand for Trump’s tax returns, but in a separate ruling, kept a hold on Trump’s financial records that Congress has been seeking for more than a year.
The New York case ruling does not mean the documents will be handed over immediately because of expected wrangling in lower courts. A final outcome could be delayed in both cases until after the Nov. 3 election in which Trump is seeking a second term in office.
“We will now proceed to raise additional constitutional and legal issues in the lower courts,” said Jay Sekulow, Trump’s personal lawyer.
“Congress’s constitutional responsibility to uncover the truth continues, specifically related to the President’s Russia connection that he is hiding,” Ms Pelosi said, in reference to the contention that Mr Trump’s financial records could show such an entanglement.