Trump threatens tariffs if Mexico does not help with immigration, drugs

Richard Neal

And on Wednesday afternoon, the House Ways and Means Committee formally kicked off its pursuit of the president's tax returns, capping what has been the most aggressive week of this Congress' oversight of the administration to date.

The top Democrat on the committee, Chairman Richard Neal of MA, asked the Internal Revenue Service for six years of Trump's personal and business tax returns on April 3.

"Oh, sure - down the road, sure, that's nothing", Rep. Richard Neal said Thursday when asked if he would commit to releasing some of his personal returns.

Hedge fund manager Tom Steyer, who is leading a campaign to impeach Trump, has been pressuring Neal to request the president's tax returns.

Neal's gambit now puts Charles Rettig, the current IRS commissioner, who was nominated by Trump and confirmed by the Senate, in a delicate political position.

Trump brushed off the request Thursday, telling reporters, "Is that all?" For Democrats, the tax returns hold the promise of breathing new life into a series of ongoing investigations.

Trump prompted panic among business leaders last Friday with his border closing threat.

Democrats hope that obtaining the returns will allow them to identify any conflicts of interest posed by Trump's global business empire.




Facts First: No matter what Trump says, an audit would not prevent him and has not stopped past presidents from releasing their tax returns.

It would require a vote in the committee to release any such documents to the public if they are eventually handed over. "This has nothing to do with the Mueller report". Trump is nearly certain to challenge the request in court.

"Show us the tax returns", House Speaker Nancy Pelosi said Thursday, slapping the lectern to punctuate each demand. Neal went on to say that if others released their taxes he would, as well.

While Democrats expect the president to mount a legal fight to block the request, Kildee said the committee "is obviously quite curious about the extent to which the IRS is properly performing their responsibilities".

The IRS has said there is no reason tax returns that are under audit can not be publicly released.

"Congress should also ensure Customs and Border Protection officials receive the resources they need to reduce the excessive wait times affecting legitimate trade and travel across the border", said Neil Bradley, a top official with the Chamber in a statement. "If the president is above the law, we'll have that also". "And probably start off with the tariffs", Trump said.

Three powerful House Democrats asked Capital One Financial last month for financial records related to President Trump, including any that were given to special counsel Robert S. Mueller III. He lost the suit in 2011, and during the litigation he was forced to turn over his tax returns to my lawyers. "It seems doubtful that the committee needs all of a President's tax returns to make that determination", Grewal said. Such a scenario could see the Ways and Means committee issue a subpoena after Neal's April 10 deadline and the unleashing of a complicated legal duel.

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