Trump's banks won't tell court if they have his tax returns
Source: CNN
New York (CNN) Lawyers for Deutsche Bank and Capital One repeatedly refused Friday to tell an appellate court in New York whether the banks are in possession of President Donald Trump's tax returns, citing "contractual obligations" not to disclose the information and drawing the ire of a panel of judges.
The three-judge panel was so frustrated by the lawyers' refusal to answer that at one point one of the judges suggested the appellate court might seek an order for the information.
After several minutes of argument on the subject, the panel directed the lawyers to file letters under seal within 48 hours saying whether the banks have Trump's tax returns. But while the banks' lawyers indicated they would respond in writing, it wasn't clear that they agreed to provide that information.
The dispute came during oral arguments in Trump's appeal of a lower court ruling that rejected Trump's attempt to block Democratic lawmakers from accessing his financial records through subpoenas of those banks.
Read more: https://www.cnn.com/2019/08/23/politics/trump-tax-return-hearing/index.html
Firestorm49
(4,030 posts)I guess we're the only ones who think that he may be trying to hide something. Hmmmmm!
TeamPooka
(24,210 posts)SunSeeker
(51,523 posts)TeamPooka
(24,210 posts)asking.
24601
(3,955 posts)argument was that confirming whether they had the returns would violate their fiduciary responsibility to their client. That's one of the points being adjudicated. It was discussed that the court might ask for the answer under seal.
Several exchanges during the argument focused the counsel for the House of Representatives acknowledging that once the returns were provided to congressional committees, there was no expectation they would not be released publicly. My sense of the oral argument was that the court was skeptical that the real purpose was to enact legislation, or that the returns were even needed to legislate. If the judges infer that legislating is a subterfuge and that the real purpose is to release politically-damaging information before the 2020 election, they likely will not rule in favor of the House.
lagomorph777
(30,613 posts)Subpoena time.
MBS
(9,688 posts)bucolic_frolic
(43,064 posts)the source of those DeutscheBank funds. Could be historical, could be oligarchs, or something else.
TomSlick
(11,092 posts)Federal judges are not accustomed to being told no.
riversedge
(70,093 posts)TheBlackAdder
(28,169 posts)machoneman
(3,999 posts)Liar in Chief!
Hotler
(11,396 posts)Hotler
(11,396 posts)the eyeballs. As people have noted on DU before, he's one big ponzi scheme.
choie
(4,107 posts)is every goddamn person or entity cowed by this fucking piece of shit? How the hell does he get away with intimidating people into flouting the law?
Progressive Jones
(6,011 posts)MBS
(9,688 posts)Corgigal
(9,291 posts)until they want to abide by U.S. laws.
hughee99
(16,113 posts)Theres a government agency that definitely has his tax records?