A federal appeals court has just ruled against President Donald Trump in a case that could have wide-reaching implications. The Second Circuit Court of Appeals ruled Trump’s tax returns must be handed over to a grand jury, and the court also ruled a sitting president can be criminally investigated.
“Manhattan District Attorney Cyrus Vance Jr. is seeking Trump’s corporate and personal tax returns from his accounts as part of a criminal investigation,” CNBC reports.
The three-judge panel notably ruled that “any presidential immunity from state criminal process does not extend to investigative steps like the grand jury subpoena at issue here,” NBC News adds.
It is likely Trump will appeal to the U.S. Supreme Court.
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