In a brief order, the court said the subpoena would remain on hold until the president's lawyers file their appeal and the court acts on the case. The court gave his lawyers until Dec. 5 to file their appeal, a sign the justices intend to move quickly. But if the court agrees to hear the appeal, the stay would remain in effect for several more months.
The Democratic majority on the House Oversight Committee issued the subpoena in April, ordering the accounting firm Mazars USA to turn over Trump-related financial documents covering 2011 through 2018. The committee said it acted after former Trump lawyer Michael Cohen testified that "Mr. Trump inflated his total assets when it served his purposes and deflated his assets to reduce his real estate taxes."
Mr. Trump's private lawyers contended that the House has no authority to subpoena records unless it seeks information for the purpose of writing laws. In this case, they said, the House is improperly acting as an investigative body in an action that implicates the president.
While they cast the dispute as one raising profound constitutional questions involving the separation of powers, the House said it is not seeking anything covered by official privilege or, in fact, anything directly from the president at all. "There is no need for this court to make definitive pronouncements on the scope of Congress's power in a case in which its ruling will be so limited in application and consequence."
The House lawyers urged the court to lift the stay and let the subpoena take effect. But if the court is considering taking up the president's appeal, they urged the justices to impose an unusually fast timetable, with all legal briefs to be due by Dec. 11. If that happened, the hold on the subpoena would remain in place until the court decided whether to hear and decide the case.
Terrified that His Taxes Will Become Public, Trump Sics His DOJ on the Supreme Court [...] There is no justification for the DOJ to interfere with this litigation. It is outside of the purview of the Department as it involves Trump personally and is not associated with his duties as president. What's more, the case that the DOJ is presenting to the Supreme Court is typically biased, shallow, and weak on legal rationale. According to their filing... P - "The brief, filed by Solicitor General Noel Francisco, says allowing Manhattan prosecutor Cyrus Vance to obtain the tax returns would create a precedent that 'may subject the president to highly burdensome demands for information' and 'raises the risk that prosecutors could use subpoenas to harass the president as a result of opposition to his policies.'" P - Literally none of that is is justification for the Justice Department to interfere with this case. The President is not immune to investigations by state prosecutors. And it isn't the DOJ's job to define what constitutes a "burden" to the President. Nor is the DOJ permitted to insert itself into what may or may not be a political affair. The President has his personal attorneys for those purposes. The brief went on to say that... https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152455452