Trumps tax returns to remain secret — for now

President Trump can hold onto his tax returns for at least a little longer, a judge ruled Wednesday.

Manhattan federal court judge Victor Marrero blocked the Manhattan District Attorneys office from enforcing a subpoena for President Trumps tax returns for at least one more day — as a lawyer for the DAs office confirmed Trump himself is a target of their grand jury investigation.

“I would suggest the parties go home, sober up, decompress,” Marrero told lawyers for both sides following heated arguments over whether or not DA Cy Vances office would be allowed to enforce a subpoena already served on Trumps longtime accounting firm Mazars USA demanding 8 years of Trumps personal and corporate financial documents — including tax returns. Trump sued last week to stop the DAs office from getting their hands on the documents.

Wednesdays arguments followed an eleventh-hour filing by federal prosecutors in Manhattan, also asking the judge to temporarily block the subpoena, which seeks documents dating back to 2011.

Marrero said he would give the U.S. Attorneys office until next week to see if they plan to officially join the case, and instructed the parties to reach out to his chambers Thursday relaying if theyd been able to reach any agreement as to whether less contentious documents could be produced to the grand jury.

While the scope of Vances grand jury investigation is not publicly known, Vance attorney Solomon Shinerock admitted the documents pertain “both to the president and a variety of third parties and individuals.”

Trumps lawyers have repeatedly stated that both the president and his companies are immune from this sort of inquiry due to his position.

“Their claims of harassment and bad faith are speculation and unfounded,” said Shinerock. “They have no authority for the breathtaking brand of immunity they seek.

Shinerock urged the judge not to prolong the litigation, saying their office is racing against the clock dueRead More – Source

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