New York DA Cyrus Vance Agrees To Delay Subpoenas For President Trump’s Taxes

New York District Attorney Cyrus Vance has agreed to delay his subpoena for President Trump’s tax returns to allow for another round of appeals, the Hill reported.

A grand jury is investigating whether hush money paid to two women – porn star Stormy Daniels and playboy model Karen McDougal – who said they had had affairs with Trump violated campaign or tax laws. The alleged affairs took place years before Trump launched his 2016 presidential campaign. Vance also has suggested the investigation goes beyond the hush money payments.

Trump’s financial documents were subpoenaed from his accounting firm, Mazars USA.

The deal, reached Monday, came just days after a federal judge refused to stay the subpoenas, saying there was little evidence Trump would succeed on appeal. The appeal to the 2nd U.S. Court of Appeals was filed just hours after the decision by U.S. District Judge Victor Marrero. The appellate court also denied an emergency stay.

Arguments before the 2nd Circuit were set for Sept. 1.

The U.S. Supreme Court last month ruled Trump does not enjoy any special immunity from criminal investigation just because he’s president. His attorneys now are arguing he would suffer irreparable harm if his tax returns are turned over to the grand jury.

Trump said last week he expects the case to wind up back in front of the Supreme Court and called the subpoenas a “continuation of the most disgusting witch hunt in the history of our country.”

The deal came as New York Attorney General Letitia James sought documents and testimony from Eric Trump as part of a fraud investigation of the Trump organization. The inquiry stems from testimony by former Trump personal lawyer Michael Cohen, who was convicted of tax evasion and other charges. Cohen testified he regularly saw Trump’s assets were regularly inflated to obtain loans and deflated for tax purposes.