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Supreme Court to decide fate of subpoenas for Trump financial records

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The Supreme Court agreed Friday to decide whether President Trump can be shielded from congressional and state subpoenas for his personal banking and accounting records, in what could be a major test of separation powers between the executive branch, Congress, and the states.

At issue is the extent a sitting president can be subject to congressional oversight -- under "valid legislative purposes" -- of his private business dealings before he took office. The high court will also look at the extent a sitting president can be subject to state and local grand jury investigations and prosecutions.

"We are pleased that the Supreme Court granted review of the President’s three pending cases," Jay Sekulow, counsel to the president, said in a statement. "These cases raise significant constitutional issues. We look forward to presenting our written and oral arguments."

The justices held a private conference Friday, where they considered a New York state subpoena, and two other related appeals involving separate congressional subpoenas. A lower federal court had separately ruled Trump must comply with the subpoenas, but his personal lawyers had asked the Supreme Court to intervene.:snip:

 

 

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