Donald Trump has lost another battle at the Supreme Court. Today the court refused to intervene in New York’s request for the former president’s tax returns.
The 45th president has most likely exhausted all his options to stop this subpoena from going forward. If so, this would mark the end of Trump’s long legal battle to keep his financial records under wraps. NBC reports:
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.
NBC points out, this all stems from the “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.
Cohen is saying that he believes this will lead to jail time for Trump.