Treasury Secretary Steven Mnuchin said Monday he will fight to keep the IRS from being "weaponized" by Congressional Democrats who want to review President Donald Trump's income tax returns, as he thinks protecting the IRS is a matter of national security.
“I want to make sure that the IRS is not weaponized like it was in the Nixon Administration and you could imagine how dangerous it would be if the IRS was weaponized,” Mnuchin told Fox Business' "Mornings with Maria."
“Can you imagine when Kevin Brady was [Ways and Means] chairman, if he had requested tax returns of prominent Democrats inside and outside the government — how dangerous that would have been?”
On Saturday, House Ways and Means Committee Chairman Richard Neal, D-Mass., set a 10-day deadline for the IRS to turn over the reports,
He said the administration is "analyzing the law" and consulting with the Department of Justice over whether the returns must be turned over.
Meanwhile, Trump on Sunday that had the Federal Reserve done its job properly, the stock market's GDP would be well about four percent. Mnuchin said he respects Trump's views but thinks it would not be appropriate to comment on the Fed's actions.
Mnuchin also dismissed comments that a recession is nearing, telling show host Maria Bartiromo that he does not see any signs of that.
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