President Donald Trump’s effort to keep his finances hidden from the public hit a major wall on Monday after New York Governor Andrew Cuomo (D) signed legislation that would allow Congress to obtain President Trump’s state tax returns.
“This bill gives Congress the ability to fulfill its Constitutional responsibilities, strengthen our democratic system and ensure that no one is above the law,” Cuomo said in a statement.
The bill signing comes after the House Ways and Means Committee, led by Rep. Richard Neal (D-Mass.), filed a lawsuit last week in order to obtain Trump’s federal tax returns from 2013 to 2018.
Neal said he wants to examine Trump’s federal tax returns because the House panel is interested in oversight and legislation related to how the IRS audits presidents.
Cuomo signed the measure after the New York state legislature passed the legislation in May.
State Sen. Brad Hoylman (D), who authored the law, said that it “provides a safety valve” for members of Congress if they’re stymied by the Trump administration in their effort to obtain the president’s federal tax returns.
“I think the governor signing this bill underscores an important principle of our democracy, that no individual is above the law,” he told reporters on Monday.
He also expressed confidence that the law would “withstand any judicial review,” since it applies broadly to public officials and doesn’t just apply to Trump.
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