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President Trump at the 2020 Council for National Policy Meeting on August 21. Photo: Nicholas Kamm/AFP via Getty Images

The Second Circuit Court of Appeals on Friday denied President Trump's request to immediately delay his financial records from being turned over to a New York state grand jury, pushing the hearing until September 1.

Driving the news: Trump's request came in response to a federal judge dismissing the president's lawsuit on Thursday to block Manhattan District Attorney Cy Vance's subpoena for his records — the latest clash in a battle that went to the Supreme Court last month.

  • Trump's lawyers filed an emergency request on Thursday for the court to hold a subpoena for his accounting records and tax returns until the higher court can decide on the matter.

The big picture: The Supreme Court ruled in July that presidents are not immune from investigation, denying Trump the sweeping grant of presidential power he had asked for while trying to block access to eight years of his personal and corporate tax returns.

What to watch, per the AP: The federal appeals' court decision potentially leaves the Supreme Court as Trump's "most promising option" to block the subpoena.

Go deeper: Judge throws out Trump's effort to block subpoena for financial records

Go deeper

Trump campaign abandons Arizona lawsuit

President Trump at a campaign rally in Goodyear, Arizona in October. Photo: Chip Somodevilla via Getty

President Trump's campaign said in court Friday that a lawsuit contesting the presidential vote count in Maricopa County, Ariz., was moot, per The Wall Street Journal.

Why it matters: It's yet another tacit acknowledgment from the campaign that its attempt to flip states from President-elect Biden to Trump utilizing legal methods is unlikely to be effective.

Journalism enters dangerous new era

Illustration: Brendan Lynch/Axios

The Capitol attack on Jan. 6 resulted in at least nine physical assaults against journalists and at least five arrests, per the U.S. Press Freedom Tracker's top editor.

Why it matters: President Trump's harsh rhetoric towards the press has empowered leaders abroad and locally in the U.S. to continue to attack press that they don't like.

Ben Geman, author of Generate
2 hours ago - Politics & Policy

The beginning of the beginning for Biden's climate push

Illustration: Annelise Capossela/Axios

Joe Biden's inauguration and the days right after will bring a rat-tat-tat burst of climate policy moves, but keep this in mind amid the splashy pledges: pushing through most of his agenda will be a long, uncertain slog.

Why it matters: Biden's climate plan is far more expansive than anything contemplated under President Obama. But for all the immediate pledges, it will take years to see how far Biden gets.

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