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President Trump. Photo: Nicholas Kamm/Getty Images

The New York Senate advanced a bill on Wednesday permitting President Trump's state tax returns to be shared with congressional committees, the Washington Post reports.

Details: The bill would amend state law to allow New York's Department of Taxation and Finance to deliver state tax returns sought by the House Ways and Means Committee, the Senate Finance Committee or Joint Committee on Taxation for a "specific and legitimate legislative purpose." The bill would specifically apply to Trump's state returns, not the federal returns at the heart of ongoing disputes between the House and the Treasury Department.

  • However, former Assistant U.S. Attorney Harry Sandick tells the Post: "The New York state tax returns likely contain information that is similar to what is in the federal returns."

What's next: The legislation — called the TRUST Act — will move to the New York State Assembly, where Democrats hold the majority, and then to the desk of Gov. Andrew Cuomo — who has already expressed support for the bill.

The big picture: House Ways and Means Chairman Richard Neal (D-Mass.) has led the charge at the national level to obtain Trump's 2013–18 federal tax returns. On Monday, Treasury Secretary Steven Mnuchin officially turned down Neal's request, likely setting up a prolonged court battle.

Go deeper: Tax return bills could kick Trump off the ballot in some blue states

Go deeper

National Guard chief says it took 3 hours for Pentagon to grant Jan. 6 request

Photo: Stefani Reynolds/Bloomberg via Getty Images

William Walker, commanding general of the D.C. National Guard, will testify Wednesday that it took three hours and 19 minutes for Pentagon leadership to approve a request for National Guard assistance during the Jan. 6 Capitol attack, according to his prepared remarks.

Why it matters: The timeline over when National Guard requests were made and granted has been a key point of contention in congressional hearings examining the security failures surrounding the Capitol riots.

37 mins ago - World

International Criminal Court opens Israel-Palestine war crimes probe

Israeli Prime Minister Benjamin Netnayahu has strongly objected to the investigation. Photo: Lior Mizrahi/Getty Images

International Criminal Court (ICC) prosecutor Fatou Bensouda on Wednesday announced her intention to open an investigation into crimes allegedly committed in the Palestinian territories since 2014.

Why it matters: The investigation is expected to consider possible war crimes by Israel and Hamas during the 2014 war in Gaza, as well as the construction of West Bank settlements by Israel. It could sharply increase tensions between Israel, which fiercely opposes the probe, and Palestinian leaders, who requested it.

Ben Geman, author of Generate
1 hour ago - Energy & Environment

Exxon says it's well-positioned amid investor pressure

Illustration: Aïda Amer/Axios

ExxonMobil said Wednesday that its oil-and-gas development plans will create good returns even at modest oil prices as the company looks to win back investor confidence after several rocky years.

Driving the news: The company, just ahead of an investor presentation this morning, said its investments are designed to generate returns of over 30% and touted its spending reductions.

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