Page 4 - Draft Memo News Today

Give it over. this is dangerous stuff for you sean. >> that is an opinion for you, too, chris. >> how? >> it is the opinion of the treasury secretary it doesnt mean the standard so it will go to the courts. well let the third branch decide whether those records have to be dois closed or not. >> why did the irs have a draft memo from their lawyer say the opposite. >> we dont know where that came from. >> it didnt come from meer ow. >> it wasnt an official memo of the irs. we dont know who wrote i...

Investigation. i think they are going to face regulatory responses. this is one of the things i asked mr. mnuchin about was not only what would be -- what would he be doing as secretary of treasury to hold deutsche bank accountable for failing to follow the proper procedures, but whether deutsche bank might face investigation from the german banking regulators for failing to follow proper procedures. >> you had him before your committee. did you feel like you learned anything new? >> i thought t...

Purpose and to harass the president is not a purpose that falls under that category. >> that is a opinion, it is not in the law and in the irs manual it lays out how youre supposed to deal with requests from congress and there is nothing aboutance illary analysis about whether you like their reason. they gave you a reason, they have the power, youve got to give it over. this is dangerous stuff for you sean. >> that is an opinion for you, too, chris. >> how? >> it is the opinion of the treasury s...

>> im not aware of anything like that. as a matter of fact, i received oftentimes letters from the secretarys office requesting some legal information or something of that nature which is passed on to me as the attorney to write an answer and send it back up to the managerial, and then back to the secretary. and returns, most often, and ive never known any not to be turned over because they abided by that code section. >> and a leaked memo this week, a draft memo from the irs to someone in there...

Reports, not to do further investigation. i think they are going to face regulatory responses. this is one of the things i asked mr. mnuchin about was not only what would be -- what would he be doing as secretary of treasury to hold deutsche bank accountable for failing to follow the proper procedures, but whether deutsche bank might face investigation from the german banking regulators for failing to follow proper procedures. >> you had him before your committee. did you feel like you learned a...

Over it? did the commissioner ever turn to the the council and say should i obey this law? >> im not aware of anything like that. as a matter of fact, i received oftentimes letters from the secretarys office requesting some legal information or something of that nature which is passed on to me as the attorney to write an answer and send it back up to the managerial, and then back to the secretary. and returns, most often, and ive never known any not to be turned over because they abided by that ...

Presidents taxes. the treasury secretary put it on you. he said this is about overreach and not oversight and thats why you cant have it. we have to litigate. the draft memo says something different. it says we must comply unless the president exercises executive privilege. they did not. >> theyre operating under a very old and specific law and they can request the tax returns of the president of the united states of america. i think the irs just said we needed to abide by the law unless theres ...

On may 6th, for why he wouldnt turn over the returns. im quoting. the committees request lacks a legitimate legislative purpose. the department is therefore not authorized to disclose the requested returns and return information. joining me is "washington post" policy reporter jeff stein who shares the byline on the story and shan wu former federal prosecutor. can you lay out your reporting on this? explain what the irs memo -- internal memo actually says. >> sure, and thank you very much for ha...

Democratic congresswomen on tonight with big proposals in terms of how to take the party forward and then going in totally different directions. one wants impeachment and the other wants a finding of the need to investigate thats voted on by the whole house. they dont know where they need to be and each new development that well cover on the show tonight, hope hicks coming out. the chief of staff for don mcgahn. the subpoena fight. its just more weight that keeps them in the same place. what is ...

The other thing is theres this tendency, i think, that we have to view mueller as this mystical sage up on a mountain who shant come down and grace us with his pr a human being. he works for the department of justice. hes already testified in congress over 50 times in his career. theres nothing sort of magical or misserioysterious about this. hes done the most important investigation weve seen in the united states in law enforcement in decades. he needs to come down and answer questions. i dont ...