Legal Fight Over Trump’s Financial Records Grinds On Even As Tax Details Spill Out

Manhattan District Attorney Cy Vance arrives at federal court for a hearing related to President Trump’s financial records in October 2019 in New York City.

Drew Angerer / Getty Images

Questions have long swirled about the state of President Trump’s finances.

The New York Times appears to have answered at least some of them with a revelatory report over the weekend that says, among other things, that the president paid just $750 in federal income tax in 2016 and 2017.

The president leaned on a familiar refrain on Sunday to dismiss the Times‘ investigation, calling it “fake news.” Trump has long sought to keep his finances secret and even broke with decades of precedent by refusing to release his tax returns during the 2016 campaign.