According to a federal district court, the subpoena power of Congress gives it access to President Trump’s personal financial records. While this is an important decision, it’s only a prelude to a decision on appeal. As we’ve seen before, the President sometimes prevails in the end after losing initially. And there are good arguments that the President’s lawyers can make to the U.S. Court of Appeals for the D.C. Circuit, and possibly the U.S. Supreme Court, to try to limit the scope of the subpoena.
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