Trump tax returns: Supreme Court rules president must hand over financial documents to prosecutor
The Supreme Court ruled Thursday that a district attorney in Manhattan can seek Donald Trump's tax and financial records from his accounting firm, a potentially damaging ruling against the president and his New York-based business.
The high court ruled the president is not immune from a subpoena, but sent the matter back to a lower court to resolve the dispute.
The ruling, while ostensibly handing a defeat to the president's efforts to keep his financial records private, likely means that those records will not be made public before November's presidential election.
The court rejected arguments by Trump's lawyers and the Justice Department that the president is immune from investigation while he holds office or that a prosecutor must show a greater need than normal to obtain the records.
