The Supreme Court cleared the way for a New York prosecutor to obtain former President Donald Trump’s tax returns, dealing a massive loss to Trump who has fiercely fought to shield his financial papers from prosecutors.
The documents will be subject to grand jury secrecy rules that restrict their public release.
The ruling is a bitter loss for Trump, even if the tax records are shielded from public disclosure, after he consistently argued that the subpoena issued by Manhattan District Attorney Cyrus Vance was overbroad and issued in bad faith.
It means that the grand jury investigation into alleged hush money payments and other issues will no longer be hampered by Trump’s fight to keep the documents secret. The district attorney’s office is expected to have access to the records within the next few days, according to people familiar with the matter.
Monday’s ruling was issued without comment or noted dissent.
Vance celebrated the order, saying in a tweet, “The work continues.”
The subpoenas span documents from January 2011 to August 2019, including his tax returns, from Mazars. The documents relate to the Trump Organization’s employment of Trump’s former lawyer, Michael Cohen and hush money payment Cohen allegedly made to two woman who claimed to have had extramarital affairs with Trump.
Although Trump’s personal lawyers may continue to fight their appeal in the case, the fact that the documents will be released by Trump’s accounting firm, Mazars, effectively ends the dispute.