Trump loses appeal over subpoena for tax returns

Trump loses appeal over subpoena for tax returns


MORNING HERE I’M SANDRA SMITH.>>Bill: GOOD MORNING. I’M BILL HEMMER. FEDERAL APPEALS COURT RULING MOMENTS AGO THE PRESIDENT DOES NOT HAVE PRESIDENTIAL IMMUNITY FROM GRAND JURY INVESTIGATIONS. THE BATTLE NOW MAY BE HEADING TO THE U.S. SUPREME COURT. WE HAVE LIVE TEAM FOX COVERAGE IN A MOMENT AND WE’LL GET TO THE JUSTICE DEPARTMENT LIVE. WE’LL BEGIN NOW AT THE WHITE HOUSE WITH CHIEF WHITE HOUSE CORRESPONDENT JOHN ROBERTS ON THE NORTH LAWN. GOOD MORNING.>>GOOD MORNING. A CASE THAT’S BEEN GOING ON FOR SOME TIME NOW. A FEDERAL DISTRICT JUDGE IN NEW YORK CITY WHO RULED THAT THE PRESIDENT HAD TO HAND OVER AT LEAST NOT THE PRESIDENT BUT THE PRESIDENT’S ACCOUNTING COMPANY HAD TO HAND OVER EIGHT YEARS OF TAX RETURNS TO THE MANHATTAN DISTRICT ATTORNEY CYRUS VANS JUNIOR. THE PRESIDENT’S ATTORNEYS APPEALED IT TO THE SECOND COURT OF APPEALS HANDLING MANHATTAN. THE SECOND CIRCUIT HAS NOW COME DOWN WITH A RULING UPHOLDING THE DISTRICT COURT JUDGE’S DECISION THAT THE PRESIDENT’S ACCOUNTING FIRM HAS TO TURN OVER THOSE TAX RETURNS. IN THE OPINION THE JUDGES MAKE A DISTINCT BETWEEN A CRIMINAL PROCEEDING AND A GRAND JURY INVESTIGATION. DON’T FORGET, THIS WAS A SUBPOENA THAT WAS ISSUED BY A GRAND JURY THAT WAS IMPANELED BY THE MANHATTAN DISTRICT ATTORNEY. THE PANEL SAYING WE HOLD HOWEVER THAT ANY PRESIDENTIAL IMMUNITY FROM STATE CRIMINAL PROCESS DOES NOT EXTEND TO INVESTIGATIVE STEPS LIKE THE GRAND JURY SUBPOENA AT ISSUE HERE. WE ACCORDINGLY AFFIRM THE DISTRICT COURT’S DECISION ON THE IMMUNITY QUESTION. THAT MEANS THE PRESIDENT IS NOT IMMUNE FROM THIS WHICH WE CONSTRUE HAS AN ORDER AND REMAND FOR FURTHER PROCEEDINGS. IT DOESN’T MEAN THE WHITE HOUSE AND PRESIDENT HAVE LOST THE FINAL BATTLE HERE. AGAIN, THIS WAS DECIDED BY A THREE-JUDGE PANEL WHICH INCLUDED THE CHIEF JUDGE AND TWO CIRCUIT JUDGES. THE PRESIDENT HAS A COUPLE OF OPTIONS. HIS ATTORNEYS CAN APPEAL TO THE SECOND CIRCUIT FOR WHAT IS CALLED A HEARING WHERE ALL THE JUDGES IN THE SECOND CIRCUIT WOULD REHEAR THIS CASE AND DECIDE THE CASE, OR THEY COULD TAKE IT TO THE SUPREME COURT. WE’RE STILL AWAITING A DECISION ON WHAT THEY’LL DO ABOUT A SIMILAR RULING IN THE WASHINGTON, D.C. CIRCUIT COURT OF APPEALS, A THREE-JUDGE PANEL DETERMINED THE PRESIDENT DID HAVE TO HAND OVER HIS TAX RETURNS. WE DON’T KNOW IF THEY ARE GOING WITH THAT OR THE SUPREME COURT. THEY MAY BE GATHERING ALL OF THIS TOGETHER AND TAKE IT RIGHT TO THE SUPREME COURT. I EXPECT TO HEAR FROM THE PRESIDENT’S ATTORNEY JAY SEKULOW IN A FEW MINUTES AFTER HE GOES THROUGH THE RATHER LENGTHY DECISION. THE BOTTOM LINE HERE. THE SECOND CIRCUIT COURT OF APPEALS UPHOLDING A FEDERAL DISTRICT COURT JUDGE IN MANHATTAN’S OPINION THAT THE PRESIDENT’S ACCOUNTING FIRM HAS TO TURN OVER THOSE EIGHT YEARS OF TAX RETURNS TO THE MANHATTAN DISTRICT ATTORNEY FOR INVESTIGATIVE PURPOSES. WE SHOULD POINT OUT THIS MEANS THAT THOSE TAX RETURNS COULD BE USED TO DEVELOP INVESTIGATIONS. THEY CAN’T MAKE THEM PUBLIC AT LEAST NOT YET. MAYBE IF THEY DO DEVELOP SOME SORT OF INVESTIGATIVE MATERIAL THAT LEADS TO A SUBPOENA OR INDICTMENT THEN SOME OF THAT INFORMATION MAY COME OUT. WE’RE STILL A LONG WAY FROM THAT.

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100 thoughts on “Trump loses appeal over subpoena for tax returns”

  • Investigating what? Is this about Russian Oligarchs buying and, or selling real estate from, to Trump? Maybe it's to see his exact net worth. If it not at least a billions then Trump is called a liar and his approval ratings go down?

  • His returns will show that it was done by tax consultants and lawyers and used all of the legal tax deductions available to him.Just like everyone does.

  • What is Trump afraid of? He doesn't want his supporters to see who he really is and where he gets his money.
    He is a little Man.

  • Trump is using taxpayer money to drag out this battle for his tax returns. Either he is guilty as sin or he is petty and childish. Either way I'm not supporting him in 2020.

  • Don’t worry Trump supporters. All you gotta do is click your heels three times and yell FAKE NEWS and this all goes away….

  • Boyfriend says to his girlfriend "sweetheart, I want our relationship to be transparent. When we get married. I want you to have access to my cell phone.
    After the marriage. Wife says to her husband. I want to see your cell phone.
    Husband stalls her for the next three years 🤣

  • Nathaniel McGuire says:

    You guys know that he doesn't have to pay taxes? Why? Because he builds the buildings with his money, builds roads with his money, invest in companies with his money, all of which are reasons people pay taxes. If u are the guy building the buildings and investing in the businesses, you don't have to pay taxes and that is a legal fact, that's business. And most people sadly don't know that

  • Even if this man is not impeached and manages to win re-election, in 2024 he will not give up his power easily, I can guarantee this. He wishes to be a life-long dictator of America do not question it. This must not happen. Open your eyes my stupid stupid stupid stupid fellow americans

  • ANY who would be placed in the highest offices in the nation should be vetted. some say if you've nothing to hide you've nothing to lose.

  • Bs Democrat judges gotta go! Time to suspend the DNC and postpone the election until all the coup conspirators are rooted out and locked up!

  • I honestly don’t know why I comment; people on both sides arent reapectful and attack each other with names and jabs instead of looking inward and evaluating ones own ideology.

  • The dems asked for his tax records during the Russia scandal and they lost that cause it was a nothing burger. Now they are asking again for the taxes on another coup. They need to give it up. Brennan already admitted that the Russia probe was fake. The dems are really making themselves look bad.

  • The Dems truly believe it’ll be the icing on the cake once they’re released. Republicans & Trump supporters really wont give a sheet.

  • Well why appeal if you got nothing to hide. If your a true american you have nothing to hide from Americans. Only a crook would hide anything. Where all behind you trump turn in your tax returns.

  • Fox News I know you are the most racist misogynist white supremacist fake news, and that's why most people around the world done watch don't believe Fox News, and your criminal corruption president is the most evil liar he doesn't care about anybody but himself,

  • Let’s say the President was only interested in corruption in Ukraine and not going after slimy Joe Biden. Why is there not one single document. Not one single report,written opinion,white paper,written explanation,text,conversation,minutes of a meeting. Etc etc that explains why Trump with held the 400 million. Come on guys. You know why he withheld the money. Him and drunken grandpa Rudi came up with a hair brained scheme

  • Taking deductions, write off expenses can sometimes show a loss all while having plenty in the bank plus equity….Dems know their info voters know zero about such.

  • How desperate do you have to be to go all the way up to the Supreme Court to protect your tax returns that you promised to release anyway. Im🍑Trµmp2020

  • Actually I just figured out what trump might be doing, he wanted this. If trump is forced by the Supreme Court to release his tax returns then he can do it to everyone else in Congress, this way people will immediately know who’s a dirty politician and who isnt.

  • so sick of the treason and bull….why cant the right defend properly. The many and monumental crimes perpetrated by the left on Trump and his voters AND the obvious criminal behavior of Hillary Clinton is mind numbingly illegal.

  • Positive Patriot says:

    Where were Obama's tax returns?
    Trump's 2005 tax returns showed he paid more in taxes than Obama and Bernie Sanders COMBINED. But sure, no witch hunt here. Can't wait til he wins again and the liberal tears reach Niagara Falls status.

  • Stupid Paranoidflake says:

    Everyone became 'WOKE' the day Trump took office. It's gonna be so nice when he's either impeached or voted out. MWBP! Make the World a Better Place!

  • How bad do your taxes have to be to fight all the way to the supreme Court? I mean, you have to be guilty.. that's the ultimate "clutching at straws"

  • Trump should have released his taxes before he became President… It's INSANE that we don't know all of the Presidents business holdings… How do you know every decision he makes doesn't personally benefit him….? Or do you just NOT CARE…? So many Trump supporters blindly defend him no matter what like my father… But shouldn't you expect MORE from your leaders…? Or even the bare minimum of following the law like everyone else has to…

  • WHERE'S THE PROBABLE CAUSE??? THIS IS TOTAL FKING FASCISM AND ANYONE THAT'S OK WITH THIS IS A FASCIST BECAUSE THE LEFT IS WHERE FASCISM COMES FROM…..ALL THROUGH HISTORY…HITTLERS ALL IS THE LEFT

  • I really don't care about his tax returns. I think everyone's wasting their time concerned about that. I just want him to continue doing well🇺🇲

  • Here’s my insight for the day:
    If we had a President who wasn’t a lying, scamming, money-laundering scumbag, life could go back to something close to normal.
    That is all for now.

  • Actually,paying off a porn star two weeks before your Presidental election to shut her up and help you get elected is against the law. That is one of several charges.

  • WRONG FOX NEWS!! They said in court that the subpoenas are to Trump's accounting firm NOT TRUMP and they are NOT IMMUNE!! You can't even report it correctly fools!! It's too late to save Trump, FOX needs to concentrate on saving themselves!

  • I haven't watched the news in years, but why are regular civilians caring about his tax returns, if congress and etc already knows about it?

    If the president was corrupted before running, he wouldn't be the president.

    Then again, I don't watch the news.

  • Trump repeatably told us, the voters, that he was going to turn over his tax returns. I'm really SHOCKED that he LIED to us. Guess since he lies about EVERYTHING else. I should have known better.

  • Who are we kidding? Dems have NO ONE to take the election so they're doing this to keep the neg on air till voting time comes. I can't stand either side!!!! You're both embarrassing!!!!! Other countries see you on t.v. and know that we are weak at the top.

  • Hey Trump, they don't serve KFC in federal prison! Waaaaah! I'm the most transparent president ever. Anyone who believes anything Trump says; is too stupid to win a Darwin Award.

  • Ok. What happens with the investigation of Biden and his son, nobody says anything why?????????. Why the Democrats don't say anything about this matter, that should be the real investigation Biden AN HIS SON.

  • why are all the leftist NPC's hanging around on Fox channel? Shouldn't you morons be sucking your thumbs on CCCN and the other FAKE NEWS networks run by fascists?

  • This tax issue is President Trumps big gems troll. Once his taxes are finally released they will show that he’s 100% legit.

  • George Soros is the boogie man for the non college pissed off white guys. We actually did land on the moon in 1969. Hillary is not part of a kiddie porno ring in a Chicago pizzeria. Should I go on??

  • Why would anybody try so hard to not turn their tax returns over doesn't make any sense no one would fight this hard unless there was something wrong

  • He's the first president to not turn his tax returns over everybody else did it before him it's not like it's something new

  • Traditional Values says:

    ——–All these non credible Marxist left attacks being perpetrated towards the President will utterly fail, with out greatest President Donald J. Trump easily winning re-election in, 2020.
    ——–Trump's rise to a two term Presidency was divinely prophesied in, 2007, by Christ's proven prophet of accuracy Kim Clement will occur exactly as divinely delineated, and exhibits the glory of the one and only Biblical God of America's founders and ancestors of a predominately Christian Nation!

  • Why is he trying so hard to hide his tax returns? All of this is making me suspicious, he’s trying too hard to hide them. Same with impeachment, why not prove the democrats wrong and allow the staff to testify if his innocent? It will make the democrats look really bad and he would win again

  • I thought the presidents lawyer was Rudy Giuliani boy that changed quick 😂😂😂💰💰😂😂😂😂😂😂😂😂

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