Steve Mnuchin, treasury secretary, officially stated that Trump’s administration will not hand President’s tax returns over to the House Democrats. Mnuchin claimed that Congress had “overstepped its bounds” and such a request “lacks a legitimate legislative purpose.” Now Democrats will file a lawsuit with tax authorities, noting that Congress has the explicit power to obtain president’s tax returns under a 1924 law.
Monaday Mhuchin send a letter to the Ways and Means Committee Chairman Richard Neal, saying that “In reliance on the advice of the Department of Justice, I have determined that the committee’s request lacks a legitimate legislative purpose, and … the department is therefore not authorized to disclose the requested returns and return information.” Having read the letter, Neal stated on Monday that he is to consult with counsel in order to “determine the appropriate response.”
A former FBI special agent Asha Rangappa commented on the matter posting on Twitter, “The legislative purpose of the law under which the Ways & Means Committee is requesting Trump’s tax returns was passed in the wake of the Teapot Dome scandal, the entire purpose of the law is to have oversight over potential financial conflicts of public officials.”
According to the Washington Post, Donald Trump is the first president trying to conceal his tax returns, after president Richard Nixon.
Natalia Veselnitskaya – official website