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Trump Reaches Settlement Agreement with House Committee Over Financial Records

Nearly two months after the D.C. Circuit Court of Appeals issued a ruling in a case about a House Oversight Committee subpoena on an accounting firm for former President Donald Trump’s financial records, Trump’s lawyers revealed that all parties involved have reached a settlement agreement.

Attorneys from the law firm Consovoy McCarthy notified the federal appellate court of the latest development in a Wednesday court filing.

“In light of the panel’s opinion, Plaintiffs, Mazars, and the Committee reached a settlement of this case on August 30, 2022,” the filing said, noting that as a result, Trump and his businesses were withdrawing a request to have the matter reheard by the full court in an en banc hearing.

The July 8 D.C. Circuit Court ruling reflected guidance from the U.S. Supreme Court, which said the appellate court should engage in “careful analysis” of the separation of powers issues in the case. In light of this, the court ruled that while the House Oversight Committee could properly subpoena certain of Trump’s financial records from accounting firm Mazars USA, the subpoena in question had to be narrowed in scope.

The Circuit Court panel noted that they reached this conclusion “in carrying out the Supreme Court’s directive to ‘insist on a subpoena no broader than reasonably necessary to support Congress’s legislative objective.’”

Trump was not satisfied with the ruling and sought a rehearing by the full roster of the court, but just over a week later, all sides reached a settlement.

Details of the agreement remain unknown. Fox News reached out to Trump’s legal team, but they did not immediately respond. House Oversight Committee Chairwoman Rep. Carolyn Maloney, D-N.Y., issued a statement on Thursday in which she characterized the settlement as a win for her side.

“After numerous court victories, I am pleased that my Committee has now reached an agreement to obtain key financial documents that former President Trump fought for years to hide from Congress,” the statement said. “In April 2019, the Oversight Committee issued a lawful subpoena for financial records as part of our investigation into President Trump’s unprecedented conflicts of interest, self-dealing, and foreign financial ties.

“After facing years of delay tactics, the Committee has now reached an agreement with the former President and his accounting firm, Mazars USA, to obtain critical documents,” the statement continued. “These documents will inform the Committee’s efforts to get to the bottom of former President Trump’s egregious conduct and ensure that future presidents do not abuse their position of power for personal gain.”

  • Fedup says:

    I wonder if Biden (a.k.a. the big guy) reported his cut of 10% from Hunter for the China Biden crime family payout?

  • Kim. says:

    Do you know the Re-pubic-hairs are on team swamp too? Wonder why we don’t
    go after Dems when we are in charge? Harrassment of your own??? Naw. Mitch & his wife own a Chinese trucking company (GIVEN to them by who else but the CCP). Swalwell, Feinstein and others have employed or still employee/sleep with Chinese spies. John Kerry, Joe Biden and Nancy Pelosi’s children all have interest in Chinese businesses. Wonder how & why???

    In 2020 Australia posted a list with the names of Chinese spies that have infiltrated companies and/or Universities around the world. What happened? NOTHING. America should have at the very least issued deportation notices to the CCP Visa holders & had hearings for citizens to charge them as spies. All Chinese should have been kicked out of prominent University positions. They take our children’s research & funnel it back to China. But with ppl like card carring communist John Brennan, who writes books & makes the Sunday circus, they hail are as heroes of “democracy “. (Brennan was registered to vote as a Communist in the 1960’s before he changed to a (D) and became employed as a top CIA guy. Hum.)

    Trump is all we have that stands between the belly of the beast that wants Chinese world-wide domination and us. No wonder they hate him. They can’t enslave and devour us like Hitler did the Jews during WWII until they take him out. The beast is hungry. You better know where you stand with Jesus. We are headed down the road of the book of Revelation.

    It isn’t falling apart…
    it’s falling into place.

  • Marlenemarty says:

    Now that, it is settled I want Pelosi’s, Cheney’s, Mad Max’s, Schiff’s, Schumer’s, Nadler’s, AOC’s, Omar’s, Ratshita’s Swalwell’s and C.Bush’s, for starters. Those are the most blatant corrupt ones. I’m sure there are several more on both sides. Time to audit all of them very publicly.

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