Mnuchin May Go To Jail If He Refuses to Turn Over Trump’s Taxes

O'Donnell and Summers

Treasury Secretary Steven Mnuchin has found himself in the hot seat, and if he doesn’t handle things properly he may also find himself in jail.

Last week House Ways and Means Committee Chairman Richard Neal (D-Mass.) sent a letter to the IRS requesting six years of Trump’s personal and business returns. He asked the IRS to provide the documents by Wednesday. And today, Mnuchin and IRS Commissioner Charles Rettig will be on Capitol Hill testifying before Congress. read more

As Trump Creates Chaos, Mnuchin Takes Steps to Calm the Markets

Donald Trump’s Treasury secretary is seeking to calm stock market investors.  They are nervous due to the chaos in Washington that has been caused by his boss. The president shut down key parts of the government, fired the Defense Secretary, and withdrew U.S. troops from Syria without consulting anyone. And then he threatened to fire the Chairman of the Federal Reserve, which would be a disaster and lead to more stock market losses. read more

Day After G7 Summit, Trump Imposes New Sanctions On Russia

The U.S. Treasury Department on Monday slapped new sanctions on Russia, including five business entities and three individuals. In announcing the sanctions, the Treasury Department said the individuals and businesses had worked hand-in-hand with Russian military and intelligence services in conducting cyberattacks against the United States. One of the businesses involved is controlled by Russia’s Federal Security Service known as “FSB.” read more