Mnuchin says 'you can pretty much guess' how he'll respond to tax return subpoena

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'If you can't enforce your subpoenas, they're meaningless and so is the power of Congress to conduct oversight,' says Democratic Sen. Bob Menendez over the fight between House Democrats and the White House over subpoena power.

House Ways and Means Chairman Richard Neal subpoenaed six years of the President's personal and business tax returns last week. He gave Mnuchin a Friday deadline to comply with the subpoena.Mnuchin officially said he had not made up his mind on how his department would respond, but he signaled during comments at a hearing on Capitol Hill, as well as while speaking to reporters directly following that appearance, that the response to Neal would likely fit a pattern.

"We will comply with the timing of it, I think you can pretty much guess how we're going to, but we haven't made a decision."Mnuchin said earlier this month that he would not comply with Neal's request to turn over the President's tax information. He has said he made that decision in consultation with his department's counsel and lawyers at the Department of Justice.Read MoreNeal has repeatedly said he expects the fight to eventually move to the courts.

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