From The New York Times, I'm Michael Babaro. This is Daily.

Today, the Supreme Court issues major rulings on whether President Trump

must disclose his financial records. David Enrich, on the story behind the cases,

and Adam Lipteck on the meaning of the decisions. It's Friday, July 10th.

David, tell us the story behind these three cases all related to the President's financial records

that reached the Supreme Court. So this story starts back in 2015 with a decision by

presidential candidate Donald Trump not to do something.

For decades, there's a tradition among major presidential candidates to release their tax returns

so that the public can understand better the finances of the people they might elect.

So Carter did this. Reagan, Bush, Clinton, Bush, number two did it. Obama did it. And hopefully

I'm not forgetting anyone there. But Trump refused to do so, saying that he was under IRS audit.

Every year they audit me, audit me, audit me. And it just wasn't going to be possible.

I will absolutely give my return, but I'm being audited now so I can't do it until the audit is finished,

obviously. And I think people would understand that.

This immediately raises a slew of questions in the public and in the media about what's going on

in Trump's finances. He is someone who among major presidential candidates in recent decades

is probably unique in terms of the number and gravity of the entanglements he has. He's been running

for decades as multifaceted business that has operations and assets all over the world. And so

his refusal to release even basic financial information about himself, it raises a lot of suspicion

about whether this presidential candidate has something in his finances that he is trying to hide.

Do you believe voters have a right to see your tax returns before they make a final decision?

I don't think they do, but I do say this. When the audit ends, I'm going to present them.

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