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The Democrat-led House Ways and Means Committee is suing the Treasury Department, the IRS and their respective leaders, Steve Mnuchin and Charles Rettig, according to the federal court in Washington.House Ways and Means Chairman Richard Neal is seeking the President's tax returns using a little-known IRS provision known as 6103, which allows the Chairmen of the House Ways and Means Committee and the Senate Finance Committee to request and obtain an individual's tax information for a legitimate legislative purpose.The move comes months after Neal made his initial request for the President's tax information and as outside groups and other liberals on the Ways and Means Committee grew impatient with the pace of Neal's efforts. Neal initially made his request for Trump's tax returns on April 3. After a series of follow-up letters, the Treasury Department formally denied the request at the beginning of May, and Neal issued subpoenas to the IRS and Treasury Department on May 10.Democrats had argued that under 6103 authority, Neal did not need to issue a subpoena, but internal deliberations with House Counsel got Neal to the point where the advice was that a subpoena could bolster the case in court. The Democrats on Neal's committee have argued that they need access to the President's tax returns in order to understand how the IRS administers the presidential audit program. Meanwhile, the Treasury Department has argued it is not a legitimate legislative purpose.The lawsuit piles onto several other court fights involving other committees and members of Congress seeking Trump financial records.In two other court cases, Trump has tried to stop the House Oversight Committee, the House Intelligence Committee and the House Financial Services Committee from getting his financial records from Capital One bank, Deutsche Bank and the accounting firm Mazars USA.So far, trial-level judges 1915

The government shutdown is approaching the two-week mark with no end in sight. And now that the holidays are over, its effects are becoming more apparent -- not just on federal workers' salaries, but on everything from science to beer.Here are some surprising impacts of the government shutdown:Low-income moms and their kids may not get nutritional assistance 373

The Federal Reserve cut interest rates for the third time this year as the US economy continued slowing amid ongoing trade disputes and weak global growth.The federal funds rate, which affects the cost of mortgages, credit cards and other borrowing, will now hover between 1.5% and 1.75%.It isn't clear whether the move will be enough to head off another rate cut in December, the final meeting of the year. Federal Reserve chairman Jerome Powell is set to speak at a press conference later Wednesday afternoon. 523

Tennessee Governor Bill Haslam has granted executive clemency to Cyntoia Brown by commuting her life sentence.The governor's office announced the decision Monday morning. She will be released to parole supervision on August 7, 2019, after serving 15 years in prison.“This decision comes after careful consideration of what is a tragic and complex case,” Haslam said. “Cyntoia Brown committed, by her own admission, a horrific crime at the age of 16. Yet, imposing a life sentence on a juvenile that would require her to serve at least 51 years before even being eligible for parole consideration is too harsh, especially in light of the extraordinary steps Ms. Brown has taken to rebuild her life. Transformation should be accompanied by hope. So, I am commuting Ms. Brown’s sentence, subject to certain conditions.”As part of her parole, she cannot violate any state or federal laws and will be subject to a release plan approved by the Tennessee Department of Correction and special supervision conditions, including employment, education, counseling and community engagement requirements.Brown's parole supervision will continue until August 7, 2029, at which point her sentence will expire.In 2006, she was convicted of first-degree murder, felony murder and aggravated robbery in the killing of Antioch realtor Johnny Allen.She was sentenced to life in prison. At the time of the crime, she was 16-years-old. Advocates have said that Brown, now 30, was a victim of sex trafficking and shot the 43-year-old in self-defense. The man she killed 1590

The budget deficit over the last 12 months (4 billion or 4.4% of GDP) is at its highest level since 2013Revenue as a share of GDP is at its lowest level since 2013 pic.twitter.com/gGopPnOelw— Nick Timiraos (@NickTimiraos) March 5, 2019 250

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