05 November 2019

Another Very Bad Day

Two developments yesterday were really bad news for Donald Trump.

First, a federal appeals court ruled that Trump's accountants must turn over eight years of his tax returns to the Manhattan District Attorney (details here) who is conducting a criminal investigation into the President and his associates.

Trump has lost every case he's brought to stop release of his tax returns to various entities. It's like he knows he has no legal ground to stand on but has merely brought suit to delay release.

Yesterday's ruling can be appealed to the Supreme Court. However, it's entirely up to their discretion to review the matter. But if they do take up the case, that could mean a decision would come down by early summer 2020, which could be politically very damaging for him.

Also yesterday, the House Intelligence Committee released transcripts from two witnesses who had testified behind closed doors, including the former ambassador to Ukraine (details here). One detail that really jumped out, demonstrating the complete corruption of the Trump administration, was the revelation that the ambassador could keep her job if she posted praise of Trump on Twitter.

More testimony transcripts are due to be released this week, including possibly today.

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