bank indicates it has trump-related tax returns. they won t say whose but those returns could end up in the hands of house democrats who subpoenaed those documents. our congressional reporter lauren fox is joining us. so what is the bank telling the court. reporter: well today was that deadline for deutsche bank and capital one to tell the court whether or not they have trump tax returns pertinent to a subpoena that the house democrats made this spring. what we learned today was capital one does not have tax returns that would be pertinent to that subpoena but deutsche bank said they do have tax returns related to the subpoena. however, they will not say publicly whose tax returns they have. it could be president trump, it could be members of his family, it could be businesses and entities related to the trump organization. it is still unclear at this point what precisely they have. the information is under seal at this point. whose tax return information they have, it is unclear whe
holyland. he was hired by the attorney general to investigate what went wrong in the first of two trials in the case. ratcliffe made no recommendations and was not involved in the retrial that resulted in convictions. in the fight over president trump s tax returns. ordered lawyers for the president house democrats in new york state to try to reach a compromise. the judge wants all three sides to outline possible ways forward in the matter by 6:00 p.m. today. the order was issued after president trump filed an emergency motion last week requesting that the house ways and means committee be barred from accessing his new york state tax return information. senator elizabeth warren unveiled her new trade plan that would put her administration more in line with the trump s agenda, at least in this particular area. embraces the trump white house rhetoric and channels c s criti especially over the last decade over labor and environmental groups. countries would have to meet
subpoenas let s go to the financial records of for ten years and if that does not produce anything but go back 20 years and that does not lose anything, we know this guy must have done some time otherwise he could not have gotten elected so let s just scour the earth until we find it. that is like a general warrant have constitutional prohibition against that. mark: in addition to being president he is a citizen so the bill of rights applies to citizen trump, to. as does the tax code that they are private tax return is confidential. the congress has in the statute the authority for the ways and means committee in the house with a similar committee in the senate to request tax returns but generally on a broad basis to make sure that there is not any monkey business going on and how the irs likes people for audits. if any individual tax return information is disclosed to those committees in the process it absolutely has to be kept confidential.
guy must ve done some crime otherwise he couldn t of gotten elected so let s just scour the earth until we find it. that s like a general warrant. there s good reason why we have a constitutional prohibition. in addition to being president he s a citizen. the bill of rights applies to citizen trump as well. it does. there s tax code that says your private tax return is confidential. now congress has, in the statute, the authority for the ways and means to request tax returns generally on a broad basis to make sure there s not any monkey business going on and how the irs flex people for audit. if any individual tax return information is disclosed to those committees in that process it absolutely has to be kept confidential. that was intended to protect taxpayers from the irs. in other words so the irs
to carry out its broad man day to oversee treasury, the irs and the nation s tax laws. since its passage, the committee has routinelily used 6103-f for these purposes and the executive branch has met its duty to comply with those requests. defendants have now, for what the committee believes is the first time ever denied a section 6103-f request in order to shield president trump s tax return information from congressional scrutiny and refusing to comply with the statute. defendants have mounted an extraordinary attack on the authority of congress to obtain information needed to conduct oversight of treasury, the irs and tax laws on behalf of the american people who participate in the nation s voluntary tax system. the lawsuit insists accurately that the law does not require the chairman of the ways and means committee to reveal any reason that the chairman is demanding any set of tax returns, but in the lawsuit,