Further, even though The Washington Post believes that the copy it uncovered was the final form of the memo, the 10-page document clearly states that it is a draft.
Mnuchin refused to furnish the tax information in a letter this month that stated the chair of the Ways and Means Committee had "lacks a legitimate legislative purpose" in seeking the Trump returns. The Internal Revenue Service also said the memo was never forwarded to Treasury. On Monday, a federal court ruled Trump can not block his accounting firm from turning over his financial records, a decision Trump said he will appeal. He maintained the Justice Department had assured him it would be "unlawful" for him to deliver Trump's tax returns, according to Axios. But, according to the document, "the Secretary's obligation to disclose return and return information would not be affected by the failure of a tax writing committee.to state a reason for the request".
Mnuchin last Friday refused to obey a congressional subpoena to turn over the returns, saying he request "lacks a legitimate legislative objective".
Some legal scholars have said that the request needs a legislative goal, although the law does not state that outright.
Mnuchin says he hadn't seen it until shortly before it became public.
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On the issue of redesigning the currency, Mnuchin said that a decision by his predecessor, former Treasury Secretary Jacob Lew, to put African-American abolitionist leader Harriett Tubman on the $20 billion would be delayed and will not happen in 2020. Fights with other House panels are ongoing.
Mr. Trump broke with decades of precedent by declining to release any returns during the presidential campaign, citing an ongoing audit.
"Mnuchin told the House Financial Services Committee Monday that he did not believe the memo contradicts his conclusions that he won't turn over the tax returns because the House Ways and Means Committee lacks a legitimate legislative goal".
Ways and Means Committee Chairman Richard Neal, a lawmaker from MA, insisted that the committee is looking into the effectiveness of IRS mandatory audits of tax returns of all sitting presidents, a way to justify his claim that the panel has a potential legislative goal. But that would not prevent Trump from releasing them if he so chose. The 'only basis the agency's refusal to comply with a committee's subpoena would be the invocation of the doctrine of executive privilege'. The reason why he does not want us to see his tax returns is likely because he wants to keep his business network hidden-perhaps due to the fact that one of his businesses was hit with what was at the time, the largest anti-money laundering fine ever given out to a casino, and Trump Taj Mahal admitted to "long standing anti-money laundering violations".
-With assistance from Alyza Sebenius and Saleha Mohsin.