• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
LeadershipPolitics

Deadline for Trump’s Tax Returns Came and Went. Mnuchin Isn’t Budging

By
Joe Light
Joe Light
,
Laura Davison
Laura Davison
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Joe Light
Joe Light
,
Laura Davison
Laura Davison
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
April 10, 2019, 8:15 PM ET

Treasury Secretary Steven Mnuchin declined to meet congressional Democrats’ Wednesday deadline to provide President Donald Trump’s tax returns, asking for more time to study the legality of their request.

Trump has refused to release his returns since he ran for president, and the clash over their release became a key front in the battles between his administration and newly-empowered Democrats in the House of Representatives. The simmering political conflict may well end up in the federal courts and spill over into the 2020 election.

“The department respects congressional oversight, and we intend to review your request carefully,” Mnuchin wrote in a letter to Ways and Means Chairman Richard Neal of Massachusetts.

Neal last Wednesday sent IRS Commissioner Charles Rettig a letter formally requesting six years of Trump’s personal and business tax returns, as well as other documents associated with them, giving a week to respond. Neal on Wednesday said he received Mnuchin’s letter and “will consult with counsel and determine the appropriate response to the commissioner in the coming days.”

Although he did not take a position on whether the returns should be turned over, Mnuchin pointed out that the Ways and Means Committee, when it was under Republican control, had issued a report saying that such a request would be “an abuse of authority” and “set a dangerous precedent.”

Read More: Will We Ever See Trump’s Tax Returns—And Does It Matter?

“Given the seriousness of these issues, which bear no connection to ordinary tax administration,” Mnuchin wrote, “we have begun consultations with the Department of Justice to ensure that our response is fully consistent with the law and the Constitution.”

Trump almost immediately said he opposed the request, and one of his lawyers, William Consovoy, on Friday asked the Treasury Department and IRS to withhold the returns until the Justice Department issues an opinion on whether the request is legal.

Members of the Trump administration, including acting White House Chief of Staff Mick Mulvaney, and their allies have called the request a political attack and a violation of Trump’s privacy.

Federal law gives the Ways and Means Committee, as well as the Senate Finance Committee and the Joint Committee on Taxation, the power to request the returns of any taxpayer, although some legal scholars believe the request needs a legitimate legislative purpose.

In his request, Neal wrote that his committee wants to ensure that the IRS is following its policy of auditing every sitting president and vice president. Democrats have long wanted the returns to examine, among other things, what financial dealings Trump might have.

Senator Chuck Grassley, an Iowa Republican and the chairman of the Senate Finance Committee said in a statement that Mnuchin was “right to consult with the Department of Justice before responding more fully. House Democrats’ unprecedented request has serious implications for all Americans and requires serious, careful analysis.”

Senator Ron Wyden, an Oregon Democrat, said in a statement that “There is no excuse for Secretary Mnuchin to not meet Chairman Neal’s deadline.”

“The law is clear and consultation with the Justice Department is not required. It’s a sign of political interference that Secretary Mnuchin said he is handling this request when authority has been delegated to the IRS,” Wyden said.

Mnuchin told lawmakers on Tuesday that the department had been in touch with White House lawyers before Neal made his request but had not personally been fully briefed on those discussions. He said, “It is our intent to follow the law.” Mnuchin has said he is concerned about the precedent the demand could set for violating taxpayer privacy.

“The general public, when they elected President Trump, made the decision without his tax returns being released,” Mnuchin said.

Trump broke with 40 years of presidential campaign tradition by declining to release his personal returns before the 2016 election. He said that he was under audit and didn’t intend to turn anything over until that process had been completed. Under questioning at a House hearing on Tuesday, Rettig said that he was unaware of any prohibition against a taxpayer releasing his or her returns while being audited.

Speaking to reporters before departing for a trip to Texas on Wednesday, the president reiterated that he would not release the returns while under audit and asserted that Americans don’t care in any case.

About the Authors
By Joe Light
See full bioRight Arrow Button Icon
By Laura Davison
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

Woman holding a yellow umbrella that has become inverted in the wind.
NewslettersEye on AI
AI agents are getting more capable, but reliability is lagging—and that’s a problem
By Jeremy KahnMarch 24, 2026
4 hours ago
Khosla gestures with both hands
AIElections
Billionaire OpenAI investor Vinod Khosla thinks 80% of jobs could vanish by 2030, and that ‘fear of AI’ put American politics in a chokehold
By Jacqueline MunisMarch 24, 2026
6 hours ago
Aravind Srinivas, wearing a white sweater, lifts both of his arms in front of him.
Future of WorkLabor
Perplexity CEO says AI layoffs aren’t so bad because people hate their jobs anyways: ‘That sort of glorious future is what we should look forward to’
By Sasha RogelbergMarch 24, 2026
8 hours ago
boardroom
AIJobs
CFOs admit privately that AI layoffs will be 9x higher this year—and still a fraction of ‘doomsday’ predictions
By Jake AngeloMarch 24, 2026
8 hours ago
Middle EastLetter from London
As war continues to rage, the World Economic Forum is the latest to postpone Gulf conference in Saudi 
By Kamal AhmedMarch 24, 2026
9 hours ago
SuccessNCAA March Madness
From 12 hours of video games a day to Big Ten Player of the Year: The unlikely rise of Yaxel Lendeborg
By Sydney LakeMarch 24, 2026
9 hours ago

Most Popular

Commentary
The Treasury just declared the U.S. insolvent. The media missed it
By Fortune EditorsMarch 23, 2026
1 day ago
Personal Finance
Current price of gold as of March 23, 2026
By Fortune EditorsMarch 23, 2026
1 day ago
Magazine
The youngest-ever female CEO of a Fortune 500 company is fighting Trump's cuts to keep Medicaid strong
By Fortune EditorsMarch 24, 2026
16 hours ago
Economy
It took 200 years for national debt to hit $1 trillion. Annual interest alone now exceeds that—a 'crushing legacy we must reverse,' says budget chair
By Fortune EditorsMarch 23, 2026
2 days ago
Economy
Larry Fink says today's economic anxiety stems from people increasingly feeling like capitalism isn't working for them
By Fortune EditorsMarch 23, 2026
1 day ago
Personal Finance
Current price of silver as of Tuesday, March 24, 2026
By Fortune EditorsMarch 24, 2026
12 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.