Trump’s lawyers must get 72-hour warning if Treasury turns over president’s tax returns to Democrats: judge

Trump’s lawyers must get 72-hour warning if Treasury turns over president’s tax returns to Democrats: judge

The
U.S.
Treasury
Department
must
grant
former

President
Trump’s
lawyers
a
72-hour warning
if
it
allows
his

tax
returns
to
be
released
to
Democrats,
a
judge
ruled
Friday,
according
to
a
report.

U.S.
Rep.
Richard
Neal,
D-Mass.,
chairman
of
the
House
Ways
and
Means
Committee,
is
still
seeking
the
returns
after
he
was
refused
access
to
them
in
2019
by
then-Treasury
Secretary
Steven
Mnuchin,
who
claimed
Democrats
didn’t
have
a
“legitimate
legislative
purpose”
for
the
request,
Politico
reported.

Neal
had
cited
a
law
that
requires
the
Treasury
to
turn
over
tax
documents
at
the
request
of
House
tax
committees.

Democrats
sued
in
federal
court
in
a
case
that
is
still
pending
a
year
and
a
half
later.


NEW
YORK
TIMES
AND
TRUMP
TAXES:
WHY
IT’S
NOT
A
CAMPAIGN
BOMBSHELL

Washington,
D.C.,
District
Court
Judge
Trevor
McFadden,
a
Trump
appointee, put
the
two-week
order
in
place
because
the
Treasury
Department
could
reverse
course
under
the
new

Biden
administration.

He
also
ordered
both
sides
to
give
a
status
report
on
Feb.
3.

The
nomination
of

President
Biden’s
Treasury
secretary
pick,
former
Federal
Reserve
boss Janet
Yellen,
was
unanimously
approved
by
the
Senate
Finance
Committee
on
Friday
and
now
heads
to
the
full
Senate
for
a
vote
Monday. 


WHO
IS
JANET
YELLEN,
BIDEN’S
PICK
TO
LEAD
THE
TREASURY? 

Douglas
Letter,
general
counsel
for
the
House,
told
McFadden
in
the
hearing
that
Treasury
has
a
“clear
legal
obligation”
to
turn
over
the
documents
that
Democrats
still
want
even
though
he’s
out
of
office,
according
to

Politico. “Our
feeling
is
enough
is
enough.
The
statute
is
clear,”
he
said. 

It’s
unclear
if
the
Treasury
Department
under
Biden
will
allow
the
House
access
to
the
returns.

CLICK
HERE
TO
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THE
FOX
NEWS
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Democrats
and
the
district
attorney
of
New
York
City
are
also
seeking
his
tax
returns
in
separate
cases.

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