Banking Law News

Trump’s Next Stop in Fight to Hide Finances Is Supreme Court

Dec. 3, 2019, 3:24 PMUpdated: Dec. 3, 2019, 4:45 PM

President Donald Trump’s next stop in his years-long fight to keep his finances private is the Supreme Court.

A federal appellate panel in New York on Tuesday ordered two major banks to hand over a wide range of the president’s financial records to Congress -- and gave Trump a week to take his case to the highest U.S. court. The ruling is the latest legal loss for an administration claiming broad executive power to thwart the demands of lawmakers.

Trump’s bid for a Supreme Court review in one of those cases -- in which the Manhattan District Attorney is...

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