Credit: Mark Wilson, Getty Images file
“Supreme Court won’t stop grand jury from getting Trump’s tax returns“
“The decision marks a decisive defeat in Trump’s prolonged legal battle to keep his tax records out of the hands of investigators.”
- Editor’s note: With Manhattan District Attorney Cyrus Vance, Jr. last week hiring a former federal prosecutor who is an expert on white-collar crime to join the team investigating the Trump family business, the former President’s affairs are going to soon be under very intense scrutiny! Stay tuned.
“The U.S. Supreme Court declined Monday to block a New York grand jury from getting President Donald Trump’s personal and corporate tax returns, a decisive defeat in his prolonged legal battle to keep his tax records out of the hands of investigators.
“The ruling does not mean the returns will become public any time soon, and they might never be publicly released. Under state law, materials turned over to a grand jury must be kept secret. But Manhattan District Attorney Cyrus Vance can now require Trump’s accountants to turn over the records that the president has steadfastly refused to surrender to prosecutors or Congress.”
“Vance is seeking tax returns covering eight years for a grand jury investigation of hush money payments and other financial transactions. The investigation began after it was disclosed that former Trump lawyer Michael Cohen paid Stormy Daniels $130,000 to keep quiet about her claim that she had an affair with Trump, an allegation the former president has denied.”
“Now that the Supreme Court has cleared the way for Vance to enforce the subpoena, the president has exhausted his legal options to block it. The full tax return documents, or portions of them, would become public only if Vance brings criminal charges at some future date and seeks to introduce them as evidence,” by Pete Williams, NBC News. Read more
+ MSNBC’s Stephanie Ruhle: Trump loses Supreme Court appeal on personal, corporate tax returns
“The Supreme Court has declined to block a New York grand jury from obtaining former President Donald Trump’s personal and corporate tax returns, and now his accountants must turn over eight years of tax documents to investigators. NBC’s Pete Williams reports.”
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