10/18/2018

CONGRESS/DEMS/HOUSE OF REPS/TREASURY/TRUMP AS PRESIDENT/TRUMP TAXES: “The U.S. Congress could request President Donald Trump’s tax returns under a seldom-used 1924 law, which Democrats say they plan to invoke promptly if they win control of the House of Representatives or the Senate in the Nov. 6 elections. In a move that would set up a battle over one of Trump’s most closely guarded secrets, the newly installed Democratic chairs of any of three congressional tax committees could ask Treasury Secretary Steven Mnuchin to hand over the returns. The law says the Treasury secretary must comply, but it does not say how quickly that must happen, leaving open the possibility of delays that could force Democrats to seek a court order. ‘It needs to be done immediately,’ said Representative Bill Pascrell, a Democrat who sits on the tax-writing House Ways and Means Committee, which could become the focal point for any effort to obtain Trump’s returns. Shortly after Trump was inaugurated in 2017, Pascrell had asked the chairman of the Ways and Means Committee, Republican Kevin Brady, to obtain Trump’s tax returns to be reviewed in a closed session, a request that Brady rejected.”

Reuters, “How Democrats Hope to Obtain Trump’s Tax Returns,” The New York Times online, October 18, 2018