Acting White House chief of staff Mick Mulvaney had a clear message for Democrats Sunday: Don't hold your breath. Mulvaney expressed certainty that congressional Democrats would not be able to move forward with their plan to get the IRS to deliver President Donald Trump's tax returns. "Oh no, never--nor should they," Mulvaney said on Fox News Sunday when asked whether Democrats will ever see the documents that Trump has long refused to release. "That's an issue that was already litigated during the election. Voters knew the president could have given his tax returns. They knew that he didn't and they elected him anyway."
After a week of drama over the question of who would replace John Kelly as the White House chief of staff, Donald Trump has announced that he will name Mick Mulvaney, the director of the Office of Management and Budget. "I am pleased to announce that Mick Mulvaney, Director of the Office of Management & Budget, will be named Acting White House Chief of Staff, replacing General John Kelly, who has served our Country with distinction," Trump said in a tweet Friday afternoon. "Mick has done an outstanding job while in the Administration…I look forward to working with him in this new capacity as we continue to MAKE AMERICA GREAT AGAIN! John will be staying until the end of the year. He is a GREAT PATRIOT and I want to personally thank him for his service!"
That combination in the $4.4 trillion budget plan submitted Monday to Congress steps far back from Trump's promises last year to balance the federal budget. If enacted, his plan would establish annual $1 trillion-plus deficits, a major reversal for Republicans who objected to increased spending during the Obama administration.
There's a longstanding rift between banks and credit unions because of the special tax treatment credit unions receive -- unlike banks, they are exempt from federal income taxes. The head of a leading banking industry trade group, the Independent Community Bankers of America, came out publicly in January against a potential McWatters nomination.