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Photo: Joshua Lott/AFP via Getty Images

The Supreme Court on Monday granted an emergency stay blocking Congress from enforcing a subpoena for President Trump's financial records, which a lower court had upheld in October.

Why it matters: The court didn't explain its reasoning, but the decision makes it likely that it will take up the case. For now, Trump's longtime accounting firm Mazars USA will not be forced to turn over Trump's tax returns to House Democrats investigating the president.

  • The justices are giving Trump's lawyers until Dec. 5 to formally file its appeal of the lower court ruling.
  • Trump is also seeking to have the Supreme Court block a subpoena from the Manhattan district attorney's office, which is investigating hush-money payments that the Trump Organization made to Stormy Daniels in 2016.

Between the lines: A Supreme Court ruling on the case would likely not come until mid-January, AP notes. If House Democrats are planning to vote to impeach Trump by the end of the year, as they have signaled, the tax return investigation will likely not play a role.

This story is breaking news. Please check back for updates.

Go deeper

26 mins ago - Health

Boris Johnson announces month-long COVID-19 lockdown in U.K.

Prime Minsiter Boris Johnson. Photo: NurPhoto / Getty Images

U.K. Prime Minister Boris Johnson on Saturday outlined his plan for the country's second coronavirus lockdown as the nation topped the 1 million case mark, per Johns Hopkins University data.

Details: Starting Thursday, people in England must stay at home, and bars and restaurants will close except for takeout. All non-essential retail will also be shuttered. Inter-mingling between households and outbound international travel or out-of-home boarding will be prohibited. The new measures will last through at least December 2.

Updated 1 hour ago - Politics & Policy

The massive early vote

Illustration: Sarah Grillo/Axios

Early voting in the 2020 election across the U.S. on Saturday had already reached 65.5% of 2016's total turnout, according to state data compiled by the U.S. Elections Project.

Why it matters: The coronavirus pandemic and its resultant social-distancing measures prompted a massive uptick in both mail-in ballots and early voting nationwide, setting up an unprecedented and potentially tumultuous count in the hours and days after the polls close on Nov. 3.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Ipsos poll: COVID trick-or-treat.
  2. World: Greece tightens coronavirus restrictions as Europe cases spike — Austria reimposes coronavirus lockdowns amid surge of infections
  3. Economy: Conference Board predicts economy won’t fully recover until late 2021.
  4. Technology: Fully at-home rapid COVID test to move forward.
  5. States: New York rolls out new testing requirements for visitors.

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