Pelosi says U.S. House Democrats will begin process to obtain Trump tax returns

By Ginger Gibson WASHINGTON (Reuters) - Nancy Pelosi said Democrats will begin to seek President Donald Trump's tax returns - a move likely to prompt outrage from the White House - when they take control of the U.S. House of Representatives in January

Reuters December 14, 2018 00:09:21 IST
Pelosi says U.S. House Democrats will begin process to obtain Trump tax returns

Pelosi says US House Democrats will begin process to obtain Trump tax returns

By Ginger Gibson

WASHINGTON (Reuters) - Nancy Pelosi said Democrats will begin to seek President Donald Trump's tax returns - a move likely to prompt outrage from the White House - when they take control of the U.S. House of Representatives in January.

The House Ways and Means Committee will "take the first steps," said Pelosi, who has the backing of her members to become the next speaker of the House in January.

"There is popular demand for the Congress to request the president's tax returns," she said, speaking to reporters. "I'm sure the White House will resist, so the question is where do we go from there."

Trump defied decades of tradition when he refused to release his tax records while running for president and after taking office. There is no law or rule compelling a president or candidate to do so, but nearly every nominee and president since 1976 has done so.

Democrats have argued that Trump's tax returns are crucial in determining whether his sprawling business operations present a conflict of interest. Trump opted not to divest from his business, but turned over control of day-to-day operations to his sons Donald Jr. and Eric.

Several committees expected to investigate Trump could find use for the returns.

The White House did not immediately respond to a request for comment about Pelosi's remarks.

(Reporting by Ginger Gibson)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

TAGS:

also read

Cryptocurrency prices tumble and exchange trading falters as snags crop up
News & Analysis

Cryptocurrency prices tumble and exchange trading falters as snags crop up

NEW YORK (Reuters) -The price of cryptocurrencies plunged and crypto trading was delayed on Tuesday, a day in which El Salvador ran into snags as the first country to adopt bitcoin as legal tender. Shares of blockchain-related firms also fell as crypto stocks were hit by trading platform outages. But the major focus was on El Salvador, where the government had to temporarily unplug a digital wallet to cope with demand.

Ford poaches Apple's car project chief Doug Field
News & Analysis

Ford poaches Apple's car project chief Doug Field

By Joseph White and Sanjana Shivdas (Reuters) -The head of Apple Inc's car project, Doug Field, is going to work for Ford Motor Co to lead the automaker's advanced technology and embedded systems efforts, a hiring coup for Ford Chief Executive Jim Farley.