Photo: Anna Moneymaker/Getty Images

Treasury Secretary Steven Mnuchin claimed at a House Financial Services Committee hearing that he has never spoken with Trump "or anyone in the White House about delivering the president's tax returns to Congress."

Why it matters: Mnuchin rejected a House Ways and Means Committee subpoena to turn over Trump's personal and business tax returns last week, arguing that it lacked "a legitimate legislative purpose." Last night, the Washington Post reported that a "confidential draft IRS memo" contradicted the administration's opposition to releasing President Trump's tax returns. The memo says the president's tax returns "must be given to Congress" unless he invokes executive privilege, per the Post.

  • Asked about the memo in the hearing, Mnuchin said: "The memo was marked 'draft,' it was not a final memo. I don't know how it got to the Washington Post, it would have been more interesting if it had got to me or the commissioner to review." He claimed he briefly read the memo on his way to his appearance.
  • Mnuchin also said that it would be "unlawful" for him to turn over Trump's tax returns, and that the Justice Department has assured him of this.

The big picture: The administration has long sought to prevent Congress from obtaining Trump's tax returns, even though the president repeatedly said he would release the documents while campaigning in 2016. White House chief of staff Mick Mulvaney told Fox News last month that Democrats will "never" get Trump's tax returns.

Go deeper: IRS draft memo says Trump must turn over tax returns or assert executive privilege

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Scoop: The Lincoln Project is becoming a media business

Illustration: Eniola Odetunde/Axios

The Lincoln Project is looking to beef up its media business after the election, sources tell Axios.

Driving the news: The group recently signed with the United Talent Agency (UTA) to help build out Lincoln Media and is weighing offers from different television studios, podcast networks and book publishers.

Trump, Biden strategies revealed in final ad push

Data: Bully Pulpit Interactive; Chart: Danielle Alberti/Axios

President Trump is pouring hundreds of thousands of dollars into Facebook ads on the Supreme Court and conservative judges in the final stretch of his campaign, while Joe Biden is spending over a million on voter mobilization, according to an analysis by Axios using data from Bully Pulpit Interactive.

The big picture: Trump's Facebook ad messaging has fluctuated dramatically in conjunction with the news cycle throughout his campaign, while Biden's messaging has been much more consistent, focusing primarily on health care and the economy.

How NASA and the Space Force might fare under Biden

Illustration: Eniola Odetunde/Axios

Joe Biden hasn't gone out of his way to talk about outer space during his presidential campaign. That could be bad news for NASA's exploration ambitions, but good news for the Space Force.

The big picture: NASA faces two threats with any new administration: policy whiplash and budget cuts. In a potential Biden administration, the space agency could get to stay the course on the policy front, while competing with other priorities on the spending side.