October 20, 2020 04:14 PM RSS

Trump Files Emergency Stay from SCOTUS!

  • Wall Street Rebel | James DiGeorgia
  • 10/13/2020 3:41 PM
Trump Files Emergency Stay from SCOTUS!

With the Supreme Court (SCOTUS) short one Justice, President Donald Trump's lawyers once again filed for a stay from the court to help him keep his tax records hidden.



On Tuesday, Trump attorneys filed for an emergency stay to the U.S. Supreme Court. This was done to prevent the Manhattan DA's office from accessing the president's personal and business financial records as part of its investigation into his and his businesses' potential tax, bank, money laundering and wire fraud.

The decision comes after the 2nd Circuit of Appeals clobbered President Trump to appeal to a ruling made by a lower Federal Court ordering his and his business tax returns are turned over.

In his filing, an appeal for the stay, the president's lawyers argued again that the Manhattan DA's subpoena of his financial records is "an overbroad 'fishing expedition'" that "was issued 'in bad faith' to harass him." The lower courts have quashed this defense and are coherently ruled on by each court.

In defense of Trump's appeals in the lower courts, Manhattan DA Cyrus Vance Jr.'s office revealed last month in a court filing that it had grounds to investigate the president and his business for tax fraud.  This suggests that its investigation's scope is well beyond the illegal hush-money payments made by former "fixer" Michael Cohen on the president's behalf during the 2016 presidential campaign.

Requesting a stay is more difficult to get from the Supreme Court because Trump's request introduces no new evidence and no further claims.  While Cyrus Vance Jr.'s office will no doubt file an answer to Trump's latest appeal to SCOTUS that contains evidence that shows the State of New York has plenty of evidence to justify its subpoenas for every document they have requested.

The last time the court considered an appeal,  Chief Justice Roberts and Associate Justice Neil M. Gorsuch, along with the liberal members, ruled as a majority that President Trump is not above the law.  After some clarification of the subpoenas by the lower courts, the president and his accounting firm would have to comply and turn over the tax returns.  The case may sound like it's all about the President's privacy, but it isn't. The case is really about the balance of powers of the three branches of the U.S. Government being equal…

Is the President invested with protections from the law that Supreme Court Justices, Senators, and House members are not invested with? The answer is no.  We at Wall Street Rebel believe that Chief Justice Roberts will want to quickly get rid of President Trump's latest appeal and deny a stay. This does not mean that Trump's financial records will become public right away. Still, it could lead to the President, his three oldest children, one or more of his businesses being indicted criminally just before Election Day.

Glenn Kirschner, a renowned and experienced lawyer, did an amazing video on this confrontation between Manhattan DA Cyrus Vance Jr. and President Trump. He explains by the Supreme Court ruled last time the president is subject to criminal subpoenas like every other citizen, affirming the principle that no person is above the law. Now that the subpoena issue has gone back to the N.Y. 2nd Circuit of Appeals, this last appeal appears to be the end of the road for Trump.


                               Supreme Court Rules Trump is Not Above the Law



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