A federal judge ruled today that Congress has the right to subpoena Donald Trump’s financial records from accounting firm Mazars USA.
U.S. District Court Judge Amit Mehta’s ruling delivers a striking blow to the president’s efforts to resist Democratic investigations, and is certain to give Democrats further legal basis to investigate Trump, his finances, and his presidential campaign.
In addition to upholding the House Oversight and Reform Committee’s subpoena to accounting firm Mazars USA for eight years of Trump’s financial records, Mehta took the extra step of denying the president’s request for a stay pending appeal.
Jay Sekulow, one of the president’s personal attorneys, said: “We will be filing a timely notice of appeal to the D.C. Circuit Court of Appeals.”
Speaking with reporters at the White House on Monday, Trump called Mehta’s ruling “ridiculous” and “totally wrong.”
The subpoena is part of an investigation into whether Trump committed crimes related to his finances before becoming president.
The House Oversight Committee is looking to corroborate statements made by Trump’s former personal attorney, Michael Cohen, regarding Trump artificially inflating and deflating the values of his assets to suit his personal financial benefit.