NEW: Federal appeals court declines to block subpoena from New York grand jury for several years' worth of President Trump's tax records, a further legal setback in his efforts to keep his returns out of the hands of state prosecutors.
denied an effort by Trump's lawyers to have the subpoena tossed out on the grounds that it was too broad or was politically motivated and issued in bad faith.
The president's lawyers will now likely ask the U.S. Supreme Court to block enforcement of the subpoena while they file an appeal. New York District Attorney Cy Vance has agreed not to enforce it for now, giving Trump's legal team a chance to ask the justices for an order temporarily blocking it while the court decides if it will take up the appeal.Vance is seeking eight years of tax returns for a grand jury investigation of hush money payments and other financial transactions.
In July, the Supreme Court rejected Trump's contention that a sitting president is immune from any part of the criminal justice system, including grand jury investigations. But its decision said he could make the same arguments anyone can in trying to defeat the subpoena.
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