US. President Donald Trump joins Marine One as he rallies to the White House in Washington, USA, on May 20, 2019. REUTERS / Joshua Roberts
WASHINGTON (Reuters) ̵
The lawyers of Trump and his company appealed to the US District Court for the District of Columbia one day after a US District Court judge upheld the summons of the House Oversight Committee for Trump's financial records from his accounting firm Mazars LLP.
The lower court ruling on Monday was a premature setback for the Republican president in his lawsuit with Congressional Democrats, as legislators are investigating various aspects of his administration.
The House Oversight Committee has stated that it needs Trump's financial records to assess whether he has conflicts of interest or violates the law by not dissociating himself from his business interests, as did earlier presidents.
Trump's lawyers argue that the panel's demand exceeded the constitutional limits of Congress. Mazars declared that it will fulfill its legal obligations, however did not seize a party when the case is discharged in court.
A real estate developer and former reality TV star, Trump still owns the Trump organization, but has announced that he would leave the day-to-day business to his oldest two sons while in office. Unlike earlier modern US presidential candidates, he did not disclose his tax returns during his candidacy for the White House.
coverage by Doina Chiacu and Susan Heavey; Editing by Chizu Nomiyama and Jonathan Oatis