Donald Trump is taking his fight against his tax returns to court - this time seeking $10bn in damages from the US Treasury and Internal Revenue Service (IRS). The former president claims that an unauthorized disclosure of his tax returns in 2022 was a breach of confidentiality, with the IRS and Treasury "having a duty to safeguard and protect plaintiffs' confidential tax returns".
This is not Trump's first lawsuit since returning to the presidency. He has filed over $50bn worth of cases and has long been critical of Powell's decision-making as Fed chair.
Trump's decision to sue comes after data leaked by a former IRS contractor was used by the New York Times to publish a report on his tax returns in 2020, ahead of the presidential election. The data showed that Trump paid $120m in federal income taxes over 15 years, which is lower than many of his peers.
The lawsuit is likely to fuel further controversy surrounding Trump's financial dealings and tax records, which he has long refused to release despite repeated requests from Democrats and other lawmakers.
The incident highlights the ongoing tensions between Trump and various government agencies, particularly the IRS and Treasury.
This is not Trump's first lawsuit since returning to the presidency. He has filed over $50bn worth of cases and has long been critical of Powell's decision-making as Fed chair.
Trump's decision to sue comes after data leaked by a former IRS contractor was used by the New York Times to publish a report on his tax returns in 2020, ahead of the presidential election. The data showed that Trump paid $120m in federal income taxes over 15 years, which is lower than many of his peers.
The lawsuit is likely to fuel further controversy surrounding Trump's financial dealings and tax records, which he has long refused to release despite repeated requests from Democrats and other lawmakers.
The incident highlights the ongoing tensions between Trump and various government agencies, particularly the IRS and Treasury.