Supreme Court halts subpoena to Deutsche Bank for Trump records
Source: the hill
By Harper Neidig - 12/06/19 06:10 PM EST
The Supreme Court on Friday granted President Trump's emergency request to temporarily block a congressional subpoena for his financial records from Deutsche Bank.
The court's order came just hours after the president's legal team asked for a temporary stay of an appellate court decision ordering Deutsche Bank to comply with subpoenas from the House Financial Services and Intelligence Committees for a broad range of documents concerning Trump's finances and his businesses.
Justice Ruth Bader Ginsburg, who oversees the Second Circuit Court of Appeals, issued an administrative stay of that court's decision that will be in effect until Friday, Dec. 13, while the court deliberates on whether to grant a longer stay and to give Trump's lawyers time to prepare a formal appeal.
The committees are investigating Trump's relationship with Deutsche Bank, which had given him $2 billion in loans and is reportedly being investigated for its role in money-laundering scheme involving Russia.
Earlier this week, a three-judge panel on the Second Circuit had ruled that there was a "clear and substantial" public interest in granting the House subpoenas to Deutsche Bank and the credit card company Capital One................................
Read more: https://thehill.com/regulation/court-battles/473461-supreme-court-halts-subpoena-to-deutsche-bank-for-trump-financial
I do not have a good feeling about any of trumps tax returns, nor his financial records. just do not.
appleannie1
(5,044 posts)Calista241
(5,584 posts)I think he's concerned that he's not worth what he says he is. He's represented himself as a billionaire, and what if the tax returns say he's worth $600m?
As far as liability, his accountants and company have had an army of tax lawyers submitting his taxes since the 1970's. He can easily tie up a case for tax evasion for decades while the IRS tries to work it out.
StClone
(11,679 posts)Not an army, and courts would move his cases through quickly and years rather than decades would be the result.
bucolic_frolic
(42,676 posts)or perhaps inherited, or the groups that have backed him. For all the transparency in the global banking system, Deutsche Bank is not an open book. I'm no expert but I didn't see a lot about it on Wikipedia in the postwar period until the early 60s, and then the reforms in the 1990s. What happened to deposits after 1945?
okaawhatever
(9,453 posts)of his properties when applying for loans.
tableturner
(1,676 posts)kacekwl
(6,994 posts)Kryptonite. He would lay down in front of a train to stop his financials from the public.
AJT
(5,240 posts)mwooldri
(10,291 posts)If a case is being brought before the Supremes, a Supreme Court judge can place an administrative hold on the lower Court ruling before a longer one is put in place pending said appeal to Supreme Court.
It's just administrative stuff... we're watching sausage being made after all, and watching sausage being made isn't pretty.
InAbLuEsTaTe
(24,110 posts)Bernie/Elizabeth or Elizabeth/Bernie 2020!!
Either way, they're stronger together!!
Welcome to the revolution!!!
PSPS
(13,516 posts)erronis
(14,955 posts)and Kennedy's son in Deutsche Bank being one of the heads of the unit that loaned trump money.
and Gorsuch being installed by Sen. BugEyes instead of Garland.
and the Federalist Society pulling strings.
that are being played by Putin.
Sounds like a plot line.
Evolve Dammit
(16,632 posts)getagrip_already
(14,250 posts)It's the same thing they did with mazer.
Chill, just a little patience.
oldsoftie
(12,410 posts)I've been guilty a couple times, but i've gotten better!
EndlessWire
(6,377 posts)Response to riversedge (Original post)
Post removed
getagrip_already
(14,250 posts)These documents are held by third parties, not the irs or doj. And the stay is completely normal.
It's not a plot. It's the way the courts have always worked.
cstanleytech
(26,080 posts)what the ruling is if they should decide to hear it.
Bernardo de La Paz
(48,789 posts)There is a rotation (daily, weekly?) of who is on duty for issuing such administrative documents.
And please don't call RBG "shit head". If you mean somebody else you need to be crystal clear in a post attacking RBG with a headline attacking RBG.
Fiendish Thingy
(15,369 posts)SCOTUS will expedite a decision on this, if they take it on, and waiting until the new year could provide a cornucopia of new evidence that could increase the odds of a conviction in the senate.
Bradical79
(4,490 posts)If the financial crimes are clear enough, he can be impeached again. It's a crime seperate from the Ukraine deal, and would have its own paper trail. I would think it would take a fair ammount of time to sort through anyway.
Fiendish Thingy
(15,369 posts)No matter how incriminating or heinous the evidence may be. She wants to put the whole episode behind her.
EndlessWire
(6,377 posts)While I don't think she would have impeached were it not for the Ukraine scandal, I think we're in it now and it's a matter of the best way to remove Trump.
If you read the statement that they put out, it's plain as day that the ONLY way to remove Trump is to impeach him or vote his ass out, along with his henchmen. Since our election system is so fragile, we have to try both ways.
We are in trouble here. We can disagree about the best way to make it happen, but I don't think anyone wants to keep tRump in the position of President. Especially Nancy. I think she'll do what she has to do.
We also have to remove the likes of Turtleman and Nunes.
Bradical79
(4,490 posts)At least it seems to me such things take some time to unravel. Impeach again should he still be around after 2020, otherwise the Justice Department and state investigations will hopefully file criminal charges soon after he leaves the White House.
If anything awful and easy to communicate comes out related to his financial records while in office, hopefully that will keep a cap on his approval numbers.
mysteryowl
(7,323 posts)Since this messy ordeal involves Russians, Trump, Deutsche Bank and money laundering, we can't help but wonder who may have killed this guy.
lastlib
(22,981 posts)disndat
(1,887 posts)Deutsche Bank just offered one Billion && to Wash. investigators to stop. investigating!
This suicide was too Epstein-like. l
not_the_one
(2,227 posts)The road to the complete destruction of this country will be paved with technical, procedural process delays.
Yes, we want to make sure everyone is given a chance to defend themselves. But dragging it out when the issue is so important... It should be addressed immediately. Other cases can wait. If the country collapses those cases won't be heard anyway. ALL turd related issues should be fast-tracked.
The turd is guilty of everything he has been accused of (and lots more...). He KNOWS he is guilty, which is why his purpose is to make it TOO late for him to be held accountable.
So what if the courts rule against him, if he is already elected for a second term, and he has maintained control of the senate. WE MUST take control of the senate.
This is why I have a real problem with having to be dragged kicking and screaming into the impeachment process. Due to the delay, we are now short of time, and are having to try to "keep it simple" because the poor, infotainment saturated American public can barely grasp a single concept.
Aside from the Ukraine mess, all the democrats need to do is DEFINE the EMOLUMENT'S clause listed in the constitution, point out where presidents must divest themselves while they are president, and give a tally of the millions, if not hundreds of millions that this so-called "billionaire" has been shoving into his pockets, at the tax payers expense.
Americans understand greed and fraud, and recognize it when they see it. The democrats need to make SURE the public sees it.
But apparently we don't have time for it.
Mc Mike
(9,107 posts)EndlessWire
(6,377 posts)It doesn't contain the evidence, but it does explain the need for impeachment. It is written as a professional report, but it is readable and understandable. You can download it as a PDF and read it at your own pace.
onenote
(42,383 posts)system have jumped to conclusions about stay requests such as this one.
This was completely predictable.
dware
(12,092 posts)lark
(23,003 posts)Russian Repug SCOTUS. They are not our friends nor friends to our constitutional way of life if it conflict with rw power.
PuffedMica
(1,061 posts)Trump's legal expertise is limited to bribing the courts to allow his real estate developments. He must be hiring top notch, and expensive, lawyers to come up with these type of maneuvers. Who is paying the legal bills for Trump? I would say the taxpayer is. Trump is committing crimes against the people, and then the people have to pay for his defense.
Trump should be in prison.
onenote
(42,383 posts)It doesn't take a genius attorney to ask for, and get, a stay in these circumstances. All it takes is a competent attorney.
Also, clients are not responsible for coming up with a strategy. If I relied on my clients to come up with a legal strategy instead of being the one suggesting a strategy, my clients would lose a lot of cases.
PuffedMica
(1,061 posts)Trump is committing crimes against the country and the people, and I think he is defending himself with taxpayer money.
NotASurfer
(2,138 posts)And it's until next Friday...the 13th
If you're superstitious, that sounds like something bad is about to happen to this country's most prominent orange-American
EndlessWire
(6,377 posts)Brainfodder
(6,423 posts)I know, the list is long and perfect and beautiful!
dware
(12,092 posts)All they're doing is granting a temporary stay to give lawyers time to get their ducks in order before arguing before the Court.
And I sincerely doubt that RBG is blocking any transparency.
Why oh why don't people read the whole article before commenting?
Brainfodder
(6,423 posts)I am well aware of the mighty RBG!
You misread me, np.
dware
(12,092 posts)disndat
(1,887 posts)nt.
dware
(12,092 posts)RBG is one awesome woman and SC Justice.