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US SUPREME COURT DIVIDED ON TRUMP'S FINANCIAL DISCLOSURES


WASHINGTON (Reuters) - In a major showdown over presidential powers, U.S. Supreme Court justices on Tuesday appeared divided over President Donald Trump’s bid to prevent Democratic-led congressional panels from obtaining his financial records but seemed more sympathetic toward a New York prosecutor’s attempt to access similar records.


The court’s conservative majority signaled concern about improper harassment of the Republican president by Democratic lawmakers in the House of Representatives seeking Trump’s records. But questions asked by the conservative justices indicated skepticism toward arguments by Trump’s lawyers in the New York case.


The justices asked tough questions of an attorney for Trump and a Justice Department lawyer who both sought to justify the president’s quest to block subpoenas by three House for financial records held by third parties. But several justices also pressed a lawyer for the House to explain why the subpoenas were not simply presidential harassment and whether Congress should be limited in issuing subpoenas so as to not distract a president or frustrate the carrying out of his official duties. The nine justices heard an oral argument lasting more than 90 minutes by teleconference in two cases involving the House subpoenas seeking Trump’s financial records from Mazars LLP, his long-time accounting firm, and two banks, Deutsche Bank(DBKGn.DE) and Capital One(COF.N).


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