Federal appeals court declined to block a subpoena from a NY grand jury for several years’ worth of Trump’s tax records

A federal appeals court declined Wednesday to block a subpoena from a New York grand jury for several years’ worth of President Donald Trump’s tax records, a further legal setback in his efforts to keep his returns out of the hands of state prosecutors.

A three-judge panel of the Second Circuit Court of Appeals 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 allegations of bad faith fail to raise a plausible inference that the subpoena was issued out of malice or an intent to harass,” the court said.

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