Welcome

Mnuchin Says It’s ‘Unlawful’ to Give Democrats Trump Tax Returns (2)

May 22, 2019, 9:31 AMUpdated: May 22, 2019, 2:03 PM

Treasury Secretary Steven Mnuchin said it would be “unlawful’’ to give President Donald Trump’s tax returns to Congress and asserted that a confidential IRS draft memo revealed on May 21 didn’t contradict him.

“If I had turned them over, I would have been violating the law,’' Mnuchin told the House Financial Services Committee on May 22.

The chairman of the House Ways and Means Committee, Richard Neal, has demanded six years of Trump’s returns under a law allowing him to make such requests. The 10-page IRS memo, first reported by the Washington Post, concluded Treasury had no choice but to ...

To read the full article log in.

Learn more about a Bloomberg Tax subscription.