IRS misses 2nd deadline for Trump’s taxes; Mnuchin vows to reply by...

IRS misses 2nd deadline for Trump’s taxes; Mnuchin vows to reply by May 6

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Treasury Secretary nominee Steven Mnuchin during confirmation hearings before the Senate Committee on Finance on Thursday (Photo by Doug Christian)
Treasury Secretary Steven Mnuchin during confirmation hearings before the Senate Committee on Finance on Thursday (Photo by Doug Christian)

UPDATED 7:10 pm EDT

THE WHITE HOUSE — President Donald Trump’s administration  not comply with the House Ways and Mean Committee’s deadline today of 5 p.m. EDT today to release six years of his tax returns.

Treasury Secretary sent a letter to Committee Chairman Richard Neal (D-Mass.) in the late afternoon saying that he will “take final action on the Committee’s request by May 6.”

In response, Neal released a statement saying Mnuchin had informed him that the IRS would miss the second deadline. “I plan to consult with counsel about my next steps,” Neal said.

Earlier in the afternoon, White House Principal Deputy Press Secretary Hogan Gidley said on the north lawn of the executive mansion that Trump had no intention to release his taxes until the IRS finishes the audit. “He’ll think about doing it, but he is not inclined to do so at this time. He turned over hundreds of pages of a financial disclosure form during the campaign.”

Gidley said, “He’s the president, and nobody cares about ridiculous tax returns.”

This is the second deadline missed for Trump to release his tax returns. After the first request, Mnuchin wrote a letter to Neal on the morning of the April 10 deadline. Mnuchin said that he needed more time to study the lawfulness of the request and that he was concerned that the IRS was being weaponized for political purposes.

Neal responded to the IRS Commissioner Charles Rettig: “It is not the proper function of the IRS, Treasury or Justice to question or second guess the motivations of the committee or its reasonable determinations regarding its need for the requested tax returns and return information. Please know that if you fail to comply, your failure will be interpreted as a denial of my request.”

Such a denial could lead to a prolonged court battle between the president and Congress.

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