There is no official date for when the IRS commissioner will decide to release the tax returns, but Sen.
"The Democrat agenda is still strictly focused on harassing the president and trying to make political statements, as opposed to trying to solve real problems", House Minority Whip Steve Scalise, R-La., told reporters Thursday.
The Republican president used an emergency declaration to secure the money that Congress refused to give him for the wall. His request is narrowly targeted and rooted in a legal technicality. Supporters of the Trump administration see it as "presidential harassment" while others believe it is necessary transparency for a sitting President with global financial interests.
The fight to obtain the president's tax returns heats up, with Democrats formally requesting those documents. "One of the benefits of asking for six years of returns is that we know that the IRS is in possession of six years of tax returns for any taxpayer in the country".
The president then claimed that longtime Democrats had become "petrified of her".
After receiving approval from the House Judiciary Committee on Wednesday, Chairman Jerrold Nadler now has a subpoena in his quiver to demand for the full report of special counsel Robert S. Mueller III in case Attorney General William Barr releases only a redacted copy.
"Based on everything he said, he doesn't appear to me to be objective, and I think he wishes President Trump hadn't won the election", he continued, adding "everything he says is hateful".
The request dampened the hopes of liberals in the party's grass roots that an impeachment saga could be looming. "I've been under audit for many years because the numbers are big and I guess when you have a name, you're audited".
Neal has been under pressure from some Democrats this year to move quickly on the tax returns request, given that the effort could lead to lengthy court battles.
House Minority Leader Kevin McCarthy said the request is "not only is it a waste of time, it sets a risky standard of having the federal government used as a political weapon".
The drama threatens to draw in some key members of the Trump administration - including Treasury Secretary Steven Mnuchin.
At an event at the White House on Wednesday after Neal issued his request, Trump repeated the same explanation.
In a statement to CNN, Mr Neal stressed that the committee's request was about "policy, not politics". Trump is nearly certain to challenge the request in court. The specific provision being invoked here does allow the chairman of Ways and Means, the Senate Finance Committee or the Joint Committee on Taxation to request individual returns as part of an investigation.
When asked by reporters on Wednesday whether he planned to release the returns, Trump again declined and said they remained under audit.
Trump has long seen scrutiny of his complicated and hard to penetrate personal finances as a red line that should not be crossed.
The request includes returns for eight entities: Donald J Trump Revocable Trust, DJT Holdings LLC, DJT Holdings Managing Member LLC, DTTM Operations LLC, DTTM Operations Managing Member Corp, LFB Acquisition Member Corp, LFB Acquisition LLC and Trump National Golf Club.
Oil Rally Slows On Surprise Crude Build
Supply from OPEC countries hit a four-year low in March, a Reuters survey found earlier this week. A key crude terminal in Venezuela, also under U.S. sanctions, has halted operations again.