The big picture: The court ruled that presidents are not immune from investigation, denying Trump the sweeping grant of presidential power he had asked for. But the legal wrangling over Trump’s records, specifically, will continue — and they may end up in the hands of Manhattan prosecutors.
Driving the news: In a pair of 7-2 rulings, the court ruled that Manhattan prosecutor Cy Vance has the legal right to subpoena records from Trump’s financial institutions, while rejecting, at least for now, the House’s effort to subpoena similar records. Continue reading.