The US Home panel is once more issuing a subpoena for Trump’s tax information

© Reuters. US President Trump travels to Minnesota on a campaign trip to the White House in Washington

By Jan Wolfe

(Reuters) – A US House of Representatives panel has reissued a subpoena seeking Donald Trump’s tax and financial records. A memo released on Tuesday said it needed the documents to address “conflicts of interest” of future presidents.

In a court case on Tuesday, House attorneys told a judge that the House Oversight Committee reissued a subpoena to Trump’s accounting firm Mazars USA LLP on February 25.

The committee issued a similar subpoena in 2019, but it expired in January when new U.S. lawmakers took office.

Tuesday’s court record contained a memorandum dated February 23 from the chairman of the committee, Representative Carolyn Maloney, explaining to colleagues the decision to reissue the subpoena.

Maloney alleged that, due to longstanding legal challenges, her committee “had been denied critical information necessary to take legislative action to address the unique ethical crisis caused by former President Trump’s unprecedented conflicts of interest.”

Maloney said her committee’s need for the material “remains as compelling now as it did when the committee first issued its subpoena” in 2019.

Trump spokesman Jason Miller did not immediately respond to a request for comment.

Unlike other recent presidents, Trump refused to release his tax returns and other documents that could contain details of his assets and the activities of his family business, the Trump Organization.

The House Oversight Committee has been soliciting Mazars’ accounting and other financial information for eight years in response to Congressional testimony from Michael Cohen, Trump’s former personal attorney.

Cohen said Trump inflated and deflated certain assets in the financial statements between 2011 and 2013, in part to lower his property taxes.

The US Supreme Court ruled in July that House Democrats need to clarify the need for the record in a lower court to then assess the burden on Trump.

Manhattan District Attorney Cyrus Vance Jr. received Trump’s tax returns separately, but that doesn’t mean the public will see them.

The recordings were obtained in connection with a grand jury investigation and New York law requires that grand jury materials be kept confidential.

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