Politics

Chuck Schumer & Ron Wyden Demand IG Investigation Into President Trump’s IRS Audits

Top Senate Democrats Chuck Schumer and Ron Wyden are calling for an investigation to probe if there has been inappropriate interference into President Trump’s IRS audits.

This comes after the NY Times released an article purporting to have obtained “tax information extending over more than two decades, revealing struggling properties, vast write-offs, an audit battle and hundreds of millions in debt coming due.”

Schumer tweeted Thursday “The New York Times showed President Trump is an abject failure in business and a serial tax cheat who owes hundreds of millions of dollars.”

“We’re fighting for an investigation into any interference by the White House with President Trump’s IRS audits.

Schumer and Wyden wrote in their letter to the Office of the Treasury Inspector General for Tax Administration and Office of the Inspector General.

“Due to significant concerns of potential efforts to undermine the integrity of the mandatory audit process and other audits within the IRS, it is essential that the Office of the Treasury Inspector General for Tax Administration (TIGTA) and Office of the Inspector General (OIG) ensure the appropriate safeguards remain in place to prevent such interference at the agency,” the letter said.

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