Wyden, Mnuchin clash over Trump tax returns, Hunter Biden probe

Sen. Ron WydenRonald (Ron) Lee WydenLobbyists turn to infrastructure law's implementation Democrats plow ahead as Manchin yo-yos Overnight Energy & Environment — House passes giant climate, social policy bill MORE (D-Ore.), the top Democrat on the Senate Finance Committee, grew testy with Treasury Secretary Steven MnuchinSteven MnuchinMajor Russian hacking group linked to ransomware attack on Sinclair: report The Hill's Morning Report - Presented by Alibaba - Biden jumps into frenzied Dem spending talks Former Treasury secretaries tried to resolve debt limit impasse in talks with McConnell, Yellen: report MORE on Wednesday during an exchange over the department's response to information requests.

Wyden criticized Mnuchin for refusing to comply with a request from House Ways and Means Committee Chairman Richard NealRichard Edmund NealHouse passes giant social policy and climate measure The Hill's Morning Report - Presented by ExxonMobil - House to vote on Biden social spending bill after McCarthy delay Democrats press toward vote on massive Biden bill MORE (D-Mass.) for President TrumpDonald TrumpStowaway found in landing gear of plane after flight from Guatemala to Miami Kushner looking to Middle East for investors in new firm: report GOP eyes booting Democrats from seats if House flips MORE's tax returns, even as Treasury complies with requests for financial records from Senate GOP chairmen. Wyden said the move "looks political."

Wyden did not mention specifics of the GOP probe but appeared to be referring to the investigation from Finance Committee Chairman Chuck GrassleyChuck GrassleyGraham emerges as go-to ally for Biden's judicial picks Iowa Democrat drops bid to challenge Grassley after death of nephew Bipartisan senators press FBI, inspector general for changes following Nassar case MORE (R-Iowa) and Senate Homeland Security and Governmental Affairs Committee Chairman Ron JohnsonRonald (Ron) Harold JohnsonWisconsin senators ask outsiders not to exploit parade attack 'for their own political purposes' It's time to bury ZombieCare once and for all Marjorie Taylor Greene introduces bill to award Congressional Gold Medal to Rittenhouse MORE (R-Wis.) are conducting about Hunter Biden, Burisma Holdings and Ukraine.


In that investigation, Grassley and Johnson have sought suspicious activity reports (SARs) from Treasury's Financial Crimes Enforcement Network. SARs are reports that financial institutions file about actions that might suggest criminal activity in an effort to help detect and prevent money laundering.

“It looks to me like there’s a double standard here,” Wyden said.

Mnuchin said that he hasn't provided Neal with Trump's tax returns because Treasury has "significant concerns" about the request on the advice of counsel. He said the tax return request is "very different" from requests for SARs.

“On a bipartisan basis, we have responded to thousands of SARs requests to the committees from both Republicans and Democrats,” Mnuchin said.

Wyden appeared to be unsatisfied with Mnuchin's answer, interjecting and saying, "Mr. Secretary, you are stonewalling about stonewalling."


"That's really not fair at all," Mnuchin replied.

"Two committee chairs, one gets no response, with legal authority, that's the Democrat, the Republican gets a quick response," Wyden said.

Mnuchin said that Treasury has responded to requests from Wyden and others for "thousands of SARs."

Grassley said that his investigation with Johnson "has nothing to do with" tax returns and is proceeding methodically.