You're reading: The Economist: The Supreme Court hands Trump a defeat over his finances

America’s Supreme Court issued a Solomonic pair of rulings on July 9. By a 7-2 majority, the justices declared that Cyrus Vance, a New York prosecutor, may see details of President Donald Trump’s finances and his tax returns – something Mr Trump has long resisted. Within months, a grand jury may view documents related to allegations that (among other things) Mr Trump paid off paramours. But by the same margin, however, the court ruled that congressional Democrats may not immediately gain access to years of records from Mr Trump’s accountants and bankers.

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