Will The Supreme Court Finally Force Trump’s Tax Returns To Be Released?

Remember President Trump’s tax returns? It seems like a relic from the distant past, but only last December, the U.S. Supreme Court agreed to hear a trio of cases on whether the president could block his accounting firm and two of his banks from turning over eight years of tax returns and other financial records to Democratic-led House committees and New York City prosecutors. Trump’s lawyers have offered an extraordinarily expansive vision of his power as president, arguing that as chief executive he is immune from criminal investigations and congressional subpoenas. The cases were supposed to be heard in late March but were delayed over a month due to the COVID-19 crisis. Now, on Tuesday morning, the justices will finally hear arguments in one of the most momentous disputes over congressional power and presidential immunity in recent memory.

The timing could be bad for Trump, as the accounting firm and banks have already indicated that if the Supreme Court deems the requests for his records valid, they would turn over the documents. That would give Trump’s political opponents a new source to mine for information on how he makes and spends his money right before the 2020 presidential election. On the other hand, a ruling in Trump’s favor could ensure that his financial documents remain hidden for the foreseeable future.