NY federal judge rules against Trump's efforts to block subpoena for his tax records

A New York federal judge ruled Thursday against effort's by President Trump's attorneys to fight a subpoena for their client's tax records. 

Judge Victor Marrero ruled in favor of Manhattan District Attorney Cy Vance, whose office has been running a investigation into Trump's finances. 

Marrero ruled that Trump's attorneys failed to show that the subpoena would subject their client to an unfair burden.

Last month, the Supreme Court ruled that the president was not absolutely immune from state criminal subpoenas.

However, the high court also said the president's attorneys could contest the subpoenas on other grounds.

Marrero equated the president's new arguments to allowing "absolute immunity through a back door."

He dismissed the Trump's case with prejudice, meaning the president's attorneys will have a much harder time bringing a new argument before the court. They will likely appeal the decision to a higher court.