Mnuchin says he was unaware of IRS memo that says tax returns must be delivered to Congress
WASHINGTON -- Treasury Secretary Steven Mnuchin said Wednesday he has no idea who wrote a confidential Internal Revenue Service legal memo that says that tax returns must be given to Congress unless the president asserts executive privilege.
Mnuchin last Friday refused to obey a congressional subpoena to turn over the returns, saying he request"lacks a legitimate legislative purpose." Waters and Mnuchin were cordial with each other during Wednesday's hearing. Mnuchin stayed until all lawmakers on the panel had the chance to ask their questions, which ranged over a number of issues from Trump's taxes to the status of the re-design of the $20 bill and the trade dispute with China.
He said that consumer items were included in the"last tranche" of tariffs that could be imposed on $300 billion in Chinese products and the administration will make no decision on imposing tariffs on those items until after a public hearing which is scheduled for June.
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