Sign up for our daily briefing
Make your busy days simpler with the Axios AM and PM newsletters. Catch up on what's new and why it matters in just 5 minutes.
Catch up on the day's biggest business stories
Subscribe to the Axios Closer newsletter for insights into the day’s business news and trends and why they matter.
Sign up for Axios Pro Rata
Dive into the world of dealmakers across VC, PE and M&A with Axios Pro Rata. Delivered daily to your inbox by Dan Primack and Kia Kokalitcheva.
Sports news worthy of your time
Binge on the stats and stories that drive the sports world with the Axios Sports newsletter. Sign up for free.
Tech news worthy of your time
Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.
Get the inside stories
Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Want a daily digest of the top Denver news?
Get a daily digest of the most important stories affecting your hometown with Axios Denver
Want a daily digest of the top Des Moines news?
Get a daily digest of the most important stories affecting your hometown with the Axios Des Moines newsletter.
Want a daily digest of the top Twin Cities news?
Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities
Want a daily digest of the top Tampa Bay news?
Get a daily digest of the most important stories affecting your hometown with the Axios Tampa Bay newsletter.
Want a daily digest of the top Charlotte news?
Get a daily digest of the most important stories affecting your hometown with Axios Charlotte
Want a daily digest of the top Nashville news?
Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.
Want a daily digest of the top Columbus news?
Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.
Want a daily digest of the top Dallas news?
Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.
Want a daily digest of the top Austin news?
Get a daily digest of the most important stories affecting your hometown with the Axios Austin newsletter.
Want a daily digest of the top Atlanta news?
Get a daily digest of the most important stories affecting your hometown with the Axios Atlanta newsletter.
Want a daily digest of the top Philadelphia news?
Get a daily digest of the most important stories affecting your hometown with the Axios Philadelphia newsletter.
Want a daily digest of the top Chicago news?
Get a daily digest of the most important stories affecting your hometown with the Axios Chicago newsletter.
Sign up for Axios NW Arkansas
Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters
Want a daily digest of the top DC news?
Get a daily digest of the most important stories affecting your hometown with the Axios DC newsletter.
Photo: Chip Somodevilla/Getty IMages
House Ways and Means Committee chairman Richard Neal on Friday issued subpoenas to Treasury Secretary Steven Mnuchin and Internal Revenue Service commissioner Charles Rettig for President Trump's personal and business tax returns from 2013 to 2018.
Details: Neal has given Mnuchin and Rettig until next Friday at 5 pm to turn over Trump's tax returns, per the Washington Post. In a statement on Friday, Neal wrote: "On April 3, I requested six years of the President's personal and business tax returns... Unfortunately, the Treasury Department and the IRS have denied my reasonable request. Despite the agency's denial, we on the Ways and Means Committee are still moving forward with our inquiry."
The backdrop: The action follows months of conflict between Trump and Congress, as Democrats seek to gain access to the president's financial records. The subpoenas also come just days after the New York Times published an article detailing a decade of Trump's tax returns between the 1980s and '90s.
- Neal first asked for 6 years of Trump's business and personal tax returns on April 3, per the Washington Post.
- Trump said he would not release his tax returns while they are under audit, even though Rettig confirmed there is no law that prohibits the release.
- The Treasury Department failed to meet the deadline set by House Democrats, with Mnuchin saying the request "raises serious issues concerning the constitutional investigative authority" of Congress.
- House Democrats set a new deadline for Trump's tax returns on April 23, to which the White House did not comply.
- Meanwhile, California and New York's state legislative bodies have been trying to pass bills that would pressure Trump to release his tax returns if he wants to appear on the 2020 ballot.
The catch: While House Democrats can subpoena whomever they want, the subpoenas are difficult to enforce.
What to watch: These subpoenas are part of an intensifying fight between the White House and House Democrats over a variety of issues. The White House has tried to invoke executive privilege to stop Trump's former counsel from giving records to Congress, per the Washington Post.
Go deeper: How Trump can stall House Democrats