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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 doesn't mean the standard so it will go to the courts. we'll 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 don't know where that came from. >> it didn't come from meer ow. >> it wasn't an official memo of the irs. we don't know who wrote it. >> but it was an exact echo of in their manual. >> it could have been an intern within the ...

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 the treasury secretary really dug in. he made very clear, he was pressed firmly on whether or not -- ...

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 you're 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, you've 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 secretary it doesn't mean the standard so it will go to the courts. we'll let the third branch deci...

>> i'm not aware of anything like that. as a matter of fact, i received oftentimes letters from the secretary's 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 i've 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, possibly in the council's office, saying basically, exactly what you're saying that this is ver...

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 anything new? >> i thought the treasury secretary really dug in. he made very clear, he was pressed f...