Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> > >

Mnuchin expected to defy Trump tax subpoena

Video Credit: Reuters Studio - Duration: 01:37s - Published < > Embed
Mnuchin expected to defy Trump tax subpoena

Mnuchin expected to defy Trump tax subpoena

U.S. Treasury Secretary Steven Mnuchin on Friday is expected to ignore a subpoena for President Donald Trump's tax returns by a leading congressional democrat, setting the stage for a lengthy court battle between lawmakers and the Trump administration.

Nathan Frandino has more.

0
shares
ShareTweetSavePostSend
 

Mnuchin expected to defy Trump tax subpoena

(SOUNDBITE) (English) STEVEN MNUCHIN, TREASURY SECRETARY, SAYING: "You can guess which way we're leaning on our subpoena." In yet another act of defiance against congressional Democrats, the Trump administration on Friday is expected to ignored a subpoena seeking years of President Donald Trump's tax returns.

House Ways and Means Committee chairman Richard Neal sent a subpoena a week ago to both Treasury Secretary Steven Mnuchin and IRS Commissioner Charles Rettig.

Neal has repeatedly cited a federal anti-corruption law that says the Treasury Secretary "shall furnish such committee with any return." Neal said Friday he would wait for the 5 p.m.

Deadline to decide the next steps.

(SOUNDBITE) (English) REP.

RICHARD NEAL, (D) MASSACHUSETTS, SAYING: "I anticipate they won't meet that deadline and the result will be that we'll likely proceed to court as quickly as next week." REPORTER: "Would you consider holding Mnuchin in contempt?" NEAL: "Well I don't see that right now as an option.

I think the better option for us is to proceed with a court case, but we still have until 5 o'clock.

Who knows?" The move all but ensures a court battle in the coming months, which would test how much power Congress has to investigate the executive branch of government.

During the 2016 race, Trump became the first major party nominee in 40 years to break with the tradition of releasing their tax returns.

Trump has repeatedly said he is under no obligation to do so.

(SOUNDBITE) (English) U.S. PRESIDENT DONALD TRUMP, SAYING: "I have no problem with it but while I'm under audit I would not give my taxes, there is no law whatsoever." The refusal comes a day after the U.S. Office of Government Ethics released Trump's financial disclosures, showing a drop-off in revenues at Trump's Mar-a-Lago resort in Florida... modest gains at his Trump International Hotel in Washington... and at least $315 million in debt.



Recent related news from verified sources

DOJ defends Mnuchin’s refusal to hand over Trump’s tax returns

The Justice Department released an opinion Friday defending Treasury Secretary Steven Mnuchin’s...
FOXNews.com - Published


You Might Like


Recent related videos from verified sources

DOJ backs up Mnuchin in refusing to release Trump's tax returns [Video]DOJ backs up Mnuchin in refusing to release Trump's tax returns

In a legal opinion released by the Department of Justice on Friday, U.S. Treasury Secretary Steven Mnuchin was vindicated in his decision not to release the tax returns of President Donald J. Trump...

Credit: Rumble     Duration: 00:38Published

DOJ Backs Up Mnuchin In Refusing To Release Trump's Tax Returns [Video]DOJ Backs Up Mnuchin In Refusing To Release Trump's Tax Returns

In a legal opinion released by the Department of Justice on Friday, U.S. Treasury Secretary Steven Mnuchin was vindicated in his decision not to release the tax returns of President Donald J. Trump...

Credit: Wochit     Duration: 00:38Published

U.S. Treasury's Mnuchin says Mexico immigration deal fixes problems [Video]U.S. Treasury's Mnuchin says Mexico immigration deal fixes problems

According to Reuters, U.S. Treasury Secretary Steven Mnuchin said that the U.S.-Mexico immigration deal met President Donald Trump’s objectives of fixing immigration problems on the southern U.S...

Credit: Rumble     Duration: 00:35Published

U.S. treasury's Mnuchin says Trump-Xi meeting has parallels to Buenos Aires summit [Video]U.S. treasury's Mnuchin says Trump-Xi meeting has parallels to Buenos Aires summit

According to Reuters, U.S. Treasury Secretary Steven Mnuchin on Saturday said that a highly anticipated late June meeting between U.S. President Donald Trump and Chinese President Xi Jinping has some..

Credit: Rumble     Duration: 00:35Published

Mnuchin says Trump might ease restrictions if trade talks make progress [Video]Mnuchin says Trump might ease restrictions if trade talks make progress

According to a report by Reuters, on Sunday, US Treasury Secretary Steven Mnuchin said that President Donald Trump might ease restrictions on Huawei if there was progress in the trade war with China,..

Credit: Rumble     Duration: 00:51Published

Mnuchin Says Trump Might Ease Restrictions If Trade Talks Make Progress [Video]Mnuchin Says Trump Might Ease Restrictions If Trade Talks Make Progress

According to a report by Reuters, on Sunday, US Treasury Secretary Steven Mnuchin said that President Donald Trump might ease restrictions on Huawei if there was progress in the trade war with China,..

Credit: Wochit     Duration: 00:51Published

U.S. Treasury's Mnuchin Says Trump-Xi Meeting Has Parallels to Buenos Aires Summit [Video]U.S. Treasury's Mnuchin Says Trump-Xi Meeting Has Parallels to Buenos Aires Summit

According to Reuters, U.S. Treasury Secretary Steven Mnuchin on Saturday said that a highly anticipated late June meeting between U.S. President Donald Trump and Chinese President Xi Jinping has some..

Credit: Wochit     Duration: 00:35Published

U.S. Treasury's Mnuchin Says Mexico Immigration Deal Fixes Problems [Video]U.S. Treasury's Mnuchin Says Mexico Immigration Deal Fixes Problems

According to Reuters, U.S. Treasury Secretary Steven Mnuchin said that the U.S.-Mexico immigration deal met President Donald Trump’s objectives of fixing immigration problems on the southern U.S...

Credit: Wochit     Duration: 00:35Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.