US Treasury Secretary Steven Mnuchin said that he would not comply with the requirements of the agenda of Congress on the transfer to legislators of Federal tax returns of President Donald Trump over the past six years. This decision is likely to lead to litigation.
As noted by S. Mnuchin in a letter to the Chairman of the House Committee on income and taxes Richard Neal, the agenda has no “legitimate legislative purpose.” The Minister stressed that he will not give permission for the transfer of personal and business tax returns of D. Trump to Congress.
The issue of tax transparency was in the spotlight when D. Trump rejected the long tradition that presidents and presidential candidates disclose their tax returns to the public.
Democrats believe that D. Trump’s commercial affairs can be a source of many potential conflicts of interest, but it is impossible to understand this without his tax information.