The IRS may be forced to release President Trump's tax returns ahead of the 2020 elections.
Federal courts are ruling against Trump's attempts to block Congress and despite his best attempts to keep his financial records under lock and key - he may be fighting a losing battle.
"He's gambling," said Michael Stern, a former senior counsel in the House of Representatives' Office of General Counsel told Politico. "I don't think anyone would say that it's impossible for there to be a final order for him to produce the tax returns by the middle of next year."
Just last week, Steven Mnuchinrejected a Congressional subpoena to turn over the president's tax returns and claiming that the request "lacks a legitimate legislative purpose."
However, The Washington Post reported that a confidential I.R.S. legal memo states that the disclosure of tax returns to the House Ways and Means Committee "is mandatory, requiring the Secretary to disclose returns, and return information, requested by the tax-writing Chairs."
Adding that the I.R.S. does not allow the Secretary to exercise discretion in disclosing the information provided the statutory conditions are met," that "[t]he Secretary's obligation to disclose return and return information would not be affected by the failure of a tax writing committee . . . to state a reason for the request," and that the "only basis the agency's refusal to comply with a committee's subpoena would be the invocation of the doctrine of executive privilege."
Rep. Richard Neal, the Ways and Means chairman, is now expected to sue the administration.