IRS nominee owns properties at Trump’s Hawaii hotel

IRS nominee owns properties at Trump’s Hawaii hotel
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President TrumpDonald John TrumpDem lawmaker says Electoral College was 'conceived' as way to perpetuate slavery Stanley Cup champion Washington Capitals to visit White House on Monday Transportation Dept requests formal audit of Boeing 737 Max certification MORE’s nominee to run the IRS did not initially disclose that he owns property at Trump’s International Hotel Waikiki and Tower.

According to a memo from Senate Finance Committee staffers obtained by the Hill, Chuck Rettig, disclosed a 50-percent ownership interest in two rental units in Honolulu. 

However, he did not mention that the properties were located in the Waikiki Trump International Hotel and Tower. Rettig, a tax lawyer from Beverly Hills, Calif., bought the properties in 2006.

That detail did not come up until a June 21 meeting with committee staff. Rettig at that time said he would update his questionnaire to provide more information on the properties.

“Committee staff raised this at the nominee’s June 21st due diligence meeting,” the memo said. “The nominee plans to provide more detail on his Committee Questionnaire to include the full name of the property.”


Rettig, who was nominated in February, faced the committee on Thursday for his hearing.

During the hearing, Sen. Ron WydenRonald (Ron) Lee WydenSenate Dems petition Saudi king to release dissidents, US citizen Klobuchar: ObamaCare a 'missed opportunity' to address drug costs Overnight Health Care — Presented by PCMA — FDA issues proposal to limit sales of flavored e-cigs | Trump health chief gets grilling | Divisions emerge over House drug pricing bills | Dems launch investigation into short-term health plans MORE (Ore.), the top Democrat on the committee, questioned Rettig about the properties. 

Wyden suggested that if Rettig wanted to prove his independence from the White House that he should sell the Trump hotel properties.

Hatch, though, pushed back on that idea.

“Any suggestion that there is a conflict of interest here is the stuff of conspiracy theories,” he said.

During the hearing, Rettig vowed to run the IRS in an "impartial and unbiased manner."

He said his "overriding goal will be to strengthen and rebuild the trust between the IRS, the American people and their representatives in Congress."

A spokeswoman for Finance Committee Chairman Orrin HatchOrrin Grant HatchNY's political prosecution of Manafort should scare us all Congress must break its addiction to unjust tax extenders The FDA crackdown on dietary supplements is inadequate MORE (R-Utah) told Politico on Thursday that Rettig’s vetting process was conducted in “good faith.”

He is likely to be confirmed.

This story was updated at 2:22 p.m.