The U.S. Court of Appeals for the D.C. Circuit ruled on Wednesday that Congress can seek eight years of President Donald Trump’s tax records, a devastating blow for the president on the same day the House was holding its first public impeachment inquiry hearing.
As reported by the Washington Post, the Federal Court let stand an earlier ruling against the president that affirmed Congress’s investigative authority.
The D.C. Circuit was responding Wednesday to Trump’s request to have a full panel of judges rehear a three-judge decision from October that rejected the president’s request to block lawmakers from subpoenaing his longtime accounting firm.
The request for information followed testimony from Trump’s former personal attorney Michael Cohen that Trump had exaggerated his wealth when he sought loans. Lawmakers are investigating potential conflicts of interest, including the accuracy of the president’s financial disclosures.
Trump’s lawyers have said they are prepared to ask the Supreme Court to intervene in this case and in several other legal battles between the president and Congress.