A federal appeals court ruled Monday that President Donald Trump must turn over his tax returns to a state grand jury, rejecting Trump’s argument that he is immune from criminal investigation while president.
Trump plans to take the case to the U.S. Supreme Court, Trump’s lawyer Jay Sekulow said.
"The decision of the Second Circuit will be taken to the Supreme Court. The issue raised in this case [goes] to the heart of our Republic. The constitutional issues are significant," Sekulow said in a statement.
Manhattan District Attorney Cyrus Vance Jr. is seeking the president’s corporate and personal tax returns as part of a criminal investigation. Trump sued to block the subpoena Vance sent to Trump’s accounting firm in September.
Trump’s lawyers argued that the president has immunity from both prosecution and criminal investigation for conduct before he began serving his term. The appeals panel ruled that an interpretation of presidential immunity should be more narrow.
Vance is investigating how the Trump Organization is accounting for hush money payments made to two women who allegedly had affairs with Trump years ago. Trump has denied those affairs.
The two women are porn star Stormy Daniels and Playboy model Karen McDougal.
Michael Cohen, Trump’s former personal lawyer who paid Daniels and was then reimbursed by Trump, pleaded guilty last year to several crimes, including campaign finance violations connected to the payments. He is currently serving three years federal criminal sentence and cooperating with Vance.
Follow Jordyn Pair on Twitter at @JordynPair.