Jul 30, 2021 - Politics & Policy

Trump's tax returns must be released to Congress, DOJ says

President Donald Trump holds up his fist as he leaves the stage at the end of a rally to support Republican Senate candidates at Valdosta Regional Airport in Valdosta, Georgia on December 5, 2020.

President Trump at the end of a rally to support Republican Senate candidates at Valdosta Regional Airport in Valdosta, Georgia on December 5, 2020. Photo: Andrew Caballero-Reynolds/AFP

The Treasury Department "must" release former President Trump's tax returns to the House Ways and Means Committee, the Department of Justice said in a memo Friday.

The big picture: The DOJ memo comes after a long dispute between the committee, which first sought to obtain the former president's returns two years ago, and Trump, who fought to keep his finances private.

What they're saying: The DOJ said in a memo to the Treasury Department that the House committee provided a "legitimate legislative purpose" to gain access to Trump's returns.

  • "The statute at issue here is unambiguous: 'Upon written request' of the chairman of one of the three congressional tax committees, the Secretary 'shall furnish' the requested tax information to the Committee," the memo said.
  • "We conclude that the Secretary must comply with the Ways and Means Committee’s June 16, 2021 request pursuant to 26 U.S.C. § 6103(f)(1) to furnish the Committee with the specified tax returns and related tax information," per the memo.
  • It is unclear if Trump will attempt to block the release, per the Washington Post.
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