Jul 17 Washington talks could soon yield deal on spending and debt By Andrew Taylor, Associated Press The emerging two-year framework would satisfy demands for an outline to guide congressional work on more than $1.3 trillion in agency operating budgets. It would still need to be fleshed out in further negotiations, and puts off battles over political… Continue reading
Jul 16 Facebook’s currency plan gets hostile reception in Congress By Marcy Gordon, Associated Press Members of both parties demanded to know why a company with massive market power and a track record of scandals should be trusted with such a far-reaching project, given the potential for fraud, abuse and criminal activity. Continue reading
May 22 Mnuchin says he has no idea who wrote IRS memo on tax returns By Martin Crutsinger, Associated Press Treasury Secretary Steven Mnuchin said he does not know 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. Continue reading
May 10 House Democrat issues subpoenas for Trump tax returns By Andrew Taylor, Associated Press Ways and Means Committee Chairman Richard Neal issued the subpoenas Friday, days after Treasury Secretary Steven Mnuchin refused to comply with demands to turn over Trump's returns. Continue reading
May 06 Trump administration refuses to turn over president’s tax returns to House By Andrew Taylor, Jonathan Lemire, Associated Press The move, which was expected, is sure to set in motion a legal battle over Trump's tax returns. Continue reading
Apr 23 Treasury secretary misses House deadline for Trump tax returns, asks for more time By Associated Press Steven Mnuchin said in a letter to House Ways and Means Chairman Richard Neal that he will give the panel a final decision by May 6. Neal says he will consult with the committee's lawyers on the next steps. Continue reading
Apr 15 After Trump tweet, Mnuchin says Fed independence is important globally By Martin Crutsinger, Associated Press Treasury Secretary Steven Mnuchin was asked about President Donald Trump's tweet Sunday that if the Fed had done its job properly, the stock market would be 5,000 to 10,000 points higher and overall growth would have been "well over" 4… Continue reading
Apr 10 Mnuchin says Treasury unable to deliver Trump tax returns by deadline By Andrew Taylor, Jonathan Lemire, Associated Press Mnuchin told House Ways and Means Committee Chairman Richard Neal, who made the request a week ago, that Treasury respects congressional oversight but needs more time to review the "unprecedented" request. Continue reading
Apr 09 Mnuchin says he’ll ‘follow the law’ on House request for Trump tax returns By Andrew Taylor, Associated Press Secretary Mnuchin revealed that Treasury Department lawyers have talked to the White House counsel's office about the question of releasing President Donald Trump's returns, telling lawmakers that the consultations occurred before the request arrived last week. Continue reading
Jan 28 U.S. hits Venezuela state-owned oil company with sanctions By Matthew Lee, Deb Riechmann, Associated Press The potentially critical economic move is aimed at increasing pressure on President Nicolas Maduro to cede power to the opposition. Continue reading