The Daily The Fate of Trump's Financial Records
Jul 10, 2020
David Enrich, Business investigations editor for The New York Times, and Adam Liptak, Supreme Court reporter for The New York Times, dive into the implications of a recent Supreme Court ruling that allows prosecutors access to President Trump's financial records. They discuss the historical context of financial transparency for candidates and the ongoing legal battles stemming from The New York Times' investigations. The conversation touches on the delicate balance between public access, presidential immunity, and the role of investigative journalism in democracy.
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Trump's Tax Return Controversy
- Donald Trump broke with decades of tradition by refusing to release his tax returns during the 2016 presidential campaign, citing an ongoing IRS audit.
- This decision sparked public suspicion and media scrutiny regarding his financial dealings.
Shift in Political Landscape
- Trump's election without releasing his tax returns fueled suspicions.
- The Democrats' 2018 House takeover empowered Trump's critics to investigate his financial dealings.
Congressional Investigations
- Congressional Democrats targeted financial institutions like Mazars and Deutsche Bank to investigate Trump.
- These subpoenas sought information about Trump's finances, aiming to uncover potential wrongdoing.