|Pelosi, Schiff and Nadler
THE WALL STREET JOURNAL – Treasury Secretary Steven Mnuchin rejected House Democrats’ request for President Trump’s tax returns, a move that was expected after he had contended for weeks that lawmakers were trying to
expose details of the president’s finances rather than conducting legitimate legislative oversight. The move will likely send the dispute between the executive and legislative branches into federal court, where judges may take months or years to resolve a legal question about the boundaries of congressional investigations.
The Treasury secretary told House Ways and Means Chairman Richard Neal, D-Mass., in a letter that his committee’s request for the president’s tax returns “lacks a legitimate legislative purpose.” “Out of respect for the deadlines previously set by the Committee, and consistent with our commitment to a prompt response, I am informing you now that the Department may not lawfully fulfill the Committee’s request,” Mnuchin said, citing guidance from the Department of Justice.
The Chairman of the House Ways and Means Committee, Rep. Richard Neal (D-MA), sent a letter to the IRS last month demanding President Trump’s tax returns for 2013 through 2018 as well as for several of Trump’s businesses.
Currently there is no law requiring a presidential candidate release their tax returns, but the Democrats don’t care about laws.