WASHINGTON — A top House Democrat on Friday issued subpoenas for six years of President Donald Trump's tax returns, giving Treasury Secretary Steven Mnuchin and IRS Commissioner Charles Rettig a deadline of next Friday to deliver them. Ways and Means Committee Chairman Richard Neal, D-Mass., issued the subpoenas days after...
Refusal to Hand Over Trump’s Tax Returns Sets up Legal Fight
WASHINGTON — Treasury Secretary Steven Mnuchin has made it official: The administration won't be turning President Donald Trump's tax returns over to the Democratic-controlled House. Mnuchin told Ways and Means Committee Chairman Richard Neal, D-Mass., in a Monday letter that the panel's request "lacks a legitimate legislative purpose" as Supreme Court precedent...
The Fed Ignores Inflation at Its Peril
It is often said that policymakers who forget history are bound to repeat it. One wonders whether the same might be said of the Federal Reserve in its seeming current disregard of the lessons from the country’s previous inflationary episodes. Despite the growing number of reasons to be concerned that...
The Fed Ignores Inflation at Its Peril
It is often said that policymakers who forget history are bound to repeat it. One wonders whether the same might be said of the Federal Reserve in its seeming current disregard of the lessons from the country’s previous inflationary episodes. Despite the growing number of reasons to be concerned that...