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Treasury Secretary Steven Mnuchin. Photo: Jim Watson/AFP/Getty Images

U.S. Treasury Secretary Steven Mnuchin said Thursday he will protect President Trump's privacy if he receives a request from House Democrats for the president's tax returns, per NBC.

Driving the news: House Ways and Means Committee Chairman Richard Neal (D-Mass.) is expected to formally ask for Trump's tax returns as House Democrats continue to lay the groundwork for investigating the president's financial deals and interests.

"We will examine the request and we will follow the law ... and we will protect the president as we would protect any taxpayer regarding their right to privacy."
— Mnuchin at Thursday's House Ways and Means Committee hearing

Go deeper: At Michael Cohen's hearing, AOC sets stage for Dems to go after Trump's tax returns

Go deeper

Dion Rabouin, author of Markets
2 hours ago - Economy & Business

The Fed could be firing up economic stimulus in disguise

Federal Reserve governor Lael Brainard at a "Fed Listens" event. Photo: Eric Baradat / AFP via Getty Images.

Even as global growth expectations increase and governments pile on fiscal spending measures central bankers are quietly restarting recession-era bond-buying programs.

Driving the news: Comments Tuesday from Fed governor Lael Brainard suggest the Fed may be jumping onboard the global monetary policy rethink and restarting a program used following the 2008 global financial crisis.

Democrats' hypocrisy moment

Illustration: Eniola Odetunde/Axios. Photo: Ray Tamarra/Getty Images

Gov. Andrew Cuomo should be facing explicit calls to resign from President Biden on down, if you apply the standard that Democrats set for similar allegations against Republicans. And it's not a close call.

Why it matters: The #MeToo moment saw men in power run out of town for exploiting young women. Democrats led the charge. So the silence of so many of them seems more strange — and unacceptable by their own standards — by the hour.

Police officers' immunity from lawsuits is getting a fresh look

Illustration: Aïda Amer/Axios

Nearly a year after the death of George Floyd, advocates of changes in police practices are launching new moves to limit or eliminate legal liability protections for officers accused of excessive force.

Why it matters: Revising or eliminating qualified immunity — the shield police officers have now — could force officers accused of excessive force to personally face civil penalties in addition to their departments. But such a change could intensify a nationwide police officer shortage, critics say.