Five takeaways from Supreme Court’s rulings on Trump tax returns

The Supreme Court handed down a split decision Thursday that upheld a New York state prosecutor’s authority to access President Trump’s tax returns but dealt a defeat to congressional Democrats who also sought Trump’s records. 

The overlapping efforts to nab the president’s financial paper trail presented the justices with a gordian knot of intersecting legal conflicts dealing with presidential immunity, Congress’s investigative authority and the power of state prosecutors to gather evidence linked to a sitting president.

While the justices untangled some of the thorniest issues, key questions remain unanswered as the cases proceed back down to lower courts for further resolution. Continue reading.