Mnuchin says request for Trump's tax returns is under review

Adjust Comment Print

Mnuchin had said on Tuesday that Treasury Department lawyers had held "informational" discussions with the White House about an expected request for the returns, a step that Democrats criticized as uncalled for under the law. "If you wish to keep me here so that I don't have my important meeting and continue to grill me then if you do that I will cancel my meeting and I will not be back here", Mnuchin told the chair after pulling his offer to "voluntarily" return before the committee.

Trump has said his returns are under audit and that he doesn't intend to turn anything over until that is finished.

"The committee's request raises serious issues concerning the constitutional scope of Congressional investigative authority, the legitimacy of the asserted legislative goal, and the constitutional rights of American citizens", Mnuchin added in the letter.

The New York bill introduced Monday would require the New York Department of Taxation and Finance to release any state income tax return requested by leaders of the U.S. House Ways & Means Committee, the U.S. Senate Finance Committee and the Joint Committee on Taxation "for a specified and legitimate legislative objective". "But I am disturbed that the White House, through the chief of staff, would appear to be calling the shots on a matter that is fully within the purview of the Treasury Department", Everson said.

Democratic lawmakers in NY this week introduced legislation that would make President Donald Trump's state income tax returns public - the latest step in a battle over details that the President has long refused to release.

"We need to make sure that the IRS and the individual taxpayer info does not become subject to political wills", said Mnuchin on the sidelines of the International Monetary Fund.

"It is our intent to follow the law and that is in the process of being reviewed, " Mnuchin told a House Appropriations subcommittee with responsibility for his budget.

Treasury Secretary Steve Mnuchin told reporters Wednesday that he planned to respond to Neal by the deadline, but he didn't specify what the response would say.

PSN name change: how to change your PlayStation 4 ID
Sony said should you experience any issues playing not on the list of tested games , revert back to your previous online ID . Your save progress might get lost, progress towards trophies might disappear, and it actually affects some pretty big games.

"We would not ever ask for the White House's permission on this nor did they give us the permission", he said. But the White House is supposed to stay out of the decision, and Rettig said he's had no contact with anyone there.

Financial Services Comm. Chair Rep. Maxine Waters explains her side of a verbal clash she had with Treasury Sec. "I built a great company", he said.

"As you know, I got elected last time with the same issue, and while I'm under audit, I won't do it", Trump told reporters Wednesday.

Also, things got a bit heated at the end of Mnuchin's more than three hours of testimony.

Waters: You're free to leave any time you want.

Lengthy congressional testimony by US Treasury Secretary Steven Mnuchin descended into outright acrimony on Tuesday as a House committee rebuffed his pleas to be dismissed. "And I have the gavel", she said. "What I told you is I thought it was respectful that you'd let me leave at 5:15, which is the current time".

Mnuchin revealed the discussions during a congressional hearing.

The suggestion here seems to be that if Waters understood the wealth that Mnuchin, a former Goldman Sachs executive, perhaps she would be more amenable to his needs, because, he's super wealthy?

Comments