Trump Loses Appeal On New York State Tax Returns

CNBC reports:

A federal appeals court ruled Monday that President Donald Trump’s tax returns must be turned over to a state grand jury. The three-judge appeals panel in New York rejected Trump’s argument that he is immune as president from criminal investigation while in the White House.

Manhattan District Attorney Cyrus Vance Jr. is seeking Trump’s corporate and personal tax returns from his accounting firm Mazars as part of a criminal investigation. Trump sued to block the subpoena that Vance’s office sent to Mazars in September.

The panel of judges on the U.S. Second Circuit of Appeals predicted during oral arguments last month that Trump’s lawyers are all but certain to appeal the ruling to the U.S. Supreme Court.