The U.S. Treasury Department is expected to give former President Trump’s lawyers a 72-hour notice if it allows its tax returns to be released to Democrats, a judge ruled on Friday, according to a report.
US Deputy Richard Neal, D-Mass., Chairman of the House’s Ways and Means Committee, is still seeking returns after access to them was denied in 2019 by then Treasury Secretary Steven Mnuchin, who claimed that Democrats did not have a “legitimate legislative purpose” for the request, Politico said.
Neal cited a law that requires the Treasury to deliver tax documents at the request of the Chamber’s tax committees.
Democrats filed a lawsuit in federal court in a case that is still pending a year and a half later.
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Washington, DC, District Court Judge Trevor McFadden, appointed by Trump, put the two-week order into effect because the Treasury Department could reverse the course under the new Biden administration.
He also ordered both sides to report on the situation on February 3.
The nomination of President Biden’s Treasury Secretary choice, former Federal Reserve chief Janet Yellen, was unanimously approved by the Senate Finance Committee on Friday and is now going to vote in the Senate on Monday.
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Douglas Letter, general counsel for the House, told McFadden at the hearing that the Treasury has a “clear legal obligation” to deliver documents that Democrats still want, even if he is out of office, according to the Politician. “Our feeling is sufficient. The statute is clear,” he said.
It is not clear whether the Biden Treasury Department will allow the House to have access to the returns.
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Democrats and the New York City district attorney are also seeking separate tax returns.