A federal appeals court announced on Monday that it will not stop a New York grand jury from obtaining President Donald Trump's financial information.
Last month, the 2nd U.S. Circuit Court of Appeals granted Trump's attorneys a temporary stay after U.S. District Judge Victor Marrero ruled that Trump was making a "categorical and limitless assertion of presidential immunity" in two cases where women who said they had affairs with Trump were paid hush money.
On Monday, the 2nd U.S. Circuit Court of Appeals ruled that Manhattan District Attorney Cyrus R. Vance Jr. can move forward with his case and subpoena Trump's tax records.
"We conclude only that presidential immunity does not bar the enforcement of a state grand jury subpoena directing a third party to produce non‐privileged material, even when the subject matter under investigation pertains to the President," the ruling said.
Trump attorney Jay Sekulow has vowed to take the case to the Supreme Court.
BREAKING: Jay Sekulow statement on 2nd Circuit opinion against POTUS allowing for a NY state criminal subpoena to t… https://t.co/WvVT03CcXY— Darren Samuelsohn (@Darren Samuelsohn) 1572883664.0
Read the ruling below.