Trump suffers major defeat as Supreme Court rejects bid to shield his taxes from Manhattan prosecutor
Donald Trump, Jr with Donald Trump and Eric Trump (Joseph Sohm / Shutterstock.com)

Former President Donald Trump suffered a significant legal blow on Monday when the United States Supreme Court rejected his plea to keep his tax records away from prosecutors at the Manhattan District Attorney's Office.

Manhattan DA Cy Vance has been investigating Trump for potential tax fraud and has been requesting his financial records to present before a grand jury.

As Bloomberg News reporter Jennifer Jacobs notes, the Supreme Court's ruling "puts a new New York grand jury on the brink of getting eight years of Trump's tax returns and other financial records."

Trump is facing a daunting number of legal problems now that he is once again a private citizen, as New York Attorney General Letitia James is also investigating the former president's finances.

Additionally, Trump also faces a criminal probe in the state of Georgia for his infamous phone call to Secretary of State Brad Raffensperger in which he asked Georgia officials to "find" the nearly 12,000 votes he would need to overcome President Joe Biden's lead.