Whitehouse Seeks $10 Billion Trump Tax Settlement Records From 3 Agencies
Updated
Updated · Bloomberg · Jul 2
Whitehouse Seeks $10 Billion Trump Tax Settlement Records From 3 Agencies
1 articles · Updated · Bloomberg · Jul 2
Summary
Sen. Sheldon Whitehouse asked the DOJ, Treasury and IRS to turn over records on any coordination behind a settlement that shields President Donald Trump and family members from federal tax audits.
Whitehouse’s Wednesday letter to acting Attorney General Todd Blanche, Treasury Secretary Scott Bessent and IRS CEO Frank Bisignano also seeks all IRS memoranda discussing defenses against claims Trump and his sons made in their $10 billion lawsuit.
The request comes from a top Senate Judiciary Committee Democrat, escalating congressional scrutiny of how the administration handled the tax dispute and any immunity terms in the agreement.