A federal appeals court just ruled that President Donald Trump’s tax returns must be turned over to a state grand jury.
Manhattan District Attorney Cyrus Vance Jr. is seeking eight years' worth of Trump's corporate and personal tax returns from his accounting firm Mazars as part of a criminal investigation.The president's legal bid was dismissed in mid-October by a U.S.
Vance is investigating, at the very least, how the Trump Organization accounted for hush money payments made to two women who claimed to have had affairs with Trump years ago. Trump has denied the affairs. The other woman, Playboy model Karen McDougal, was paid $150,000 by the Trump-friendly publisher of The National Enquirer supermarket tabloid. Both payments were made shortly before the 2016 presidential election.
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