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House Ways and Means Committee chairman Richard Neal. Photo: Tom Williams/CQ Roll Call

House Ways and Means Committee chairman Richard Neal (D-Mass.) formally asked the IRS on Wednesday to turn over 6 years of President Donald Trump's tax returns.

The big picture: This request could potentially trigger a court battle, per the New York Times. The long-awaited move comes as House Democratic committee leaders have issued subpoenas as part of a series of investigations into the president and his inner circle.

Details: Neal cited a little-known IRS code that gives only the chairs of the House Ways and Means Committee and the Senate Finance Committee the power to request tax documents from anyone, per the Times.

  • Neal has also requested the tax returns of Trump’s trust and seven business entities, including his golf club in Bedminster, New Jersey.
  • The IRS has until April 10 to comply with the request. If Neal gets the information, he will privately review it with his committee staff.

In response to the request, Trump told reporters: "Is that all? We are under audit, despite what people said, and working that out. I'm always under audit, it seems, but I've been under audit for many years because the numbers are big, and I guess when you have a name, you're audited. But until such time as I'm not under audit, I would not be inclined to do it."

Go deeper: Democrats slow-walk request for Trump tax returns, fearing court battle

Go deeper

The manufacturing boom's bottleneck

llustration: Rebecca Zisser/Axios

The manufacturing sector has bounced back from its pandemic knockout. But as the economy reopens, factories can't keep up with orders.

Why it matters: The materials manufacturers need are hard to find and prices for them are soaring.

2 hours ago - Technology

Twitter to label COVID-19 vaccine misinformation, implement strike policy

Photo: Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images

Twitter announced Monday that it will label tweets with potentially misleading information about COVID-19 vaccines, and introduce a strike system that can lead to permanent account suspension.

The big picture: Tech companies are taking an increasingly aggressive stance against users who attempt to share misleading information about COVID-19 vaccines on their platforms.

Updated 4 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Health: Trump, Melania received COVID vaccine at White House in January — CDC director warns "now is not the time" to lift COVID restrictions.
  2. Vaccine: J&J CEO "absolutely" confident in vaccine distribution goals Most states aren't prioritizing prisons for COVID vaccines — Vaccine hesitancy is shrinking.
  3. Economy: Apple says all U.S. stores open for the first time since start of pandemic — What's really going on with the labor market.
  4. Sports: Poll weighs impact of athlete vaccination.
  5. World: Italy tightens restrictions as experts warn of growing prevalence of variants — PA announces new COVID restrictions as cases surge.
  6. Local: Colorado sets timeline for return to normalcy.