Trump, fighting to toss out subpoena, offered to give House Democrats peek at financial statements
Former president Donald Trump has offered to give House Democrats a peek at financial statements related to his complex business empire from before his 2016 presidential bid and eight years of contracts with his accounting firm, but refused to divulge more sensitive source data or internal communications, his lawyers told a federal judge Thursday.
The disclosure of the offer, made in late June in unsuccessful court-ordered mediation, came as Trump urged a federal judge in Washington to end a stalemate and toss out a 2019 House subpoena for eight years of his financial records, calling the congressional demand unconstitutional and unenforceable.
The Committee on Oversight and Reform doesnt need a decades worth of the former presidents sensitive financial information to legislate new financial regulations for all future presidents, attorney Cameron T. Norris argued., saying lawmakers have plenty of power to gather data from other sources to overhaul disclosure rules.
Trump is no longer president, but the threat to the separation-of-powers if the court rules otherwise remains, Norris said.
https://www.washingtonpost.com/local/legal-issues/trump-taxes-financial-statements-hearing/2021/07/01/78166a2c-da9f-11eb-9bbb-37c30dcf9363_story.html