2020 Election

Treasury Secretary Steve Mnuchin Refuses To Release Trump Tax Returns – Again

Treasury Secretary Steven Mnuchin has once again refused to release President Donald Trump‘s tax returns to House Democrats. He has argued that their stated legislative purposes hides their real intent which is to expose the president’s personal and business financial records to the public. This is the second time Mnuchin has refused a congressional order to turn over Trump’s tax records.

House Ways and Means Committee Chairman Richard Neal (D-Mass.) met with Mnuchin to request tax returns, but Mnuchin only responded by saying he would give a final response by May 6, when the Justice Department is expected to have completed its review of the request.

In an open letter on Tuesday, Mnuchin request raised “serious constitutional questions” and that his department continued to consult with the Justice Department.

In the letter, Mnuchin says Neal’s request is just “the culmination of a long-running, well-documented effort to expose the president’s tax returns for the sake of exposure.”

Subscribe to our free weekly newsletter!

A week of political news in your in-box.
We find the news you need to know, so you don't have to.

The Trump Administration claims that asking for the returns is an illegal violation of Trump’s privacy. But Democrats claim the law is on their side. House leaders are employing a portion of the tax code that grants tax-writing congressional committees the power to request tax information on any filer. They say they need to know if Trump’s business interests are influencing his decisions as president.

Democrats want to see is if Trump benefited from his 2017 tax overhaul, to see if he has ties to foreign businesses and whether he cheated on his taxes.

But Mnuchin isn’t buying it. He noted that House Democrats believe they “need simply recite a legislative purpose, after which the department must ignore all evidence in the public record, however overwhelming, that the asserted purpose is pretext for a constitutionally suspect one.”

One of Trump’s attorneys William Consovoy has argued that Neal’s request doesn’t have a legitimate purpose and flouts fundamental constitutional constraints.

ReaganBabione

Recent Posts

Trump Insists He’s ‘Not Trolling’ About Acquiring Greenland & Making Canada 51st State

President Donald Trump insisted he's "not trolling" about his demands to acquire Greenland and make…

7 hours ago

Trump Slams Ukrainian President Zelensky For Refusal To Recognize Russian Control Of Crimea

President Donald Trump criticized Ukrainian President Volodymyr Zelensky for refusing to acknowledge Russia's control of…

7 hours ago

Trump Hosts Top 220 Investors Of His Meme Coin, $Trump, To ‘Intimate Private Dinner’ & White House Tour

President Donald Trump invited the top 220 investors of his cryptocurrency, $Trump, to a private…

1 day ago

China Denies Trump’s Claims Of Trade Talks With U.S. As ‘Fake News’

China has denied President Donald Trump's claims about trade talks with the United States as…

1 day ago

As Tesla Profits Plummet 71%, Elon Musk Promises To Spend Less Time On DOGE

After Tesla reported that profits had plunged by 71%, CEO Elon Musk vowed to spend…

2 days ago

After Trump Pulls Her U.N. Ambassador Nomination, Rep. Elise Stefanik Mulls Running For N.Y. Governor

Rep. Elise Stefanik (R-NY) is considering challenging New York Gov. Kathy Hochul in the 2026…

2 days ago