On the hallowed Republican grounds of the Reagan Ranch in Santa Barbara, Calif., House tax writers embraced a measure that would provide immediate relief to export-heavy businesses but whose high cost might prevent the deep corporate tax rate cuts they had initially promised.
On the hallowed Republican grounds of the Reagan Ranch in Santa Barbara, Calif., House tax writers embraced a measure that would provide immediate relief to export-heavy businesses but whose high cost might prevent the deep corporate tax rate cuts they had initially promised.
We are now at a moment when a substantive tax reform bill is realistic and should be expected. Lawmakers should build on this momentum and unite behind the passage of permanent tax reform this year.
We are now at a moment when a substantive tax reform bill is realistic and should be expected. Lawmakers should build on this momentum and unite behind the passage of permanent tax reform this year.
As the United States prepares to begin an aggressive renegotiation of the North American Free Trade Agreement, Democrats and unions may find themselves wishing for an unlikely ally, hoping the Trump administration will take their lead on issues such as currency manipulation, government procurement and labor rights.
As the United States prepares to begin an aggressive renegotiation of the North American Free Trade Agreement, Democrats and unions may find themselves wishing for an unlikely ally, hoping the Trump administration will take their lead on issues such as currency manipulation, government procurement and labor rights.
While it’s true that governments have no business subsidizing bank risk, the fact remains that the Volcker Rule has done nothing to address this anyway. The real problem is not the proprietary trading --  it is the federally insured deposits.
While it’s true that governments have no business subsidizing bank risk, the fact remains that the Volcker Rule has done nothing to address this anyway. The real problem is not the proprietary trading --  it is the federally insured deposits.
Republican governors on Tuesday stepped up their efforts to discredit Consumer Financial Protection Bureau Director Richard Cordray as he approaches the end of his term and possibly considers a bid to be Ohio's governor.
Republican governors on Tuesday stepped up their efforts to discredit Consumer Financial Protection Bureau Director Richard Cordray as he approaches the end of his term and possibly considers a bid to be Ohio's governor.
The Claims Licensing Advancement for Interstate Matters (CLAIM) Act, which was recently introduced in Congress, would advance uniformity, reciprocity and consumer protections for claims adjusting.
The Claims Licensing Advancement for Interstate Matters (CLAIM) Act, which was recently introduced in Congress, would advance uniformity, reciprocity and consumer protections for claims adjusting.
Republicans leading the House Financial Services Committee on Friday rebuffed Rep. Maxine Waters' request to subpoena Deutsche Bank AG for documents related to its financial relationship with President Donald Trump.
Republicans leading the House Financial Services Committee on Friday rebuffed Rep. Maxine Waters' request to subpoena Deutsche Bank AG for documents related to its financial relationship with President Donald Trump.
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Briefings

Finance Brief: Week in Review & What’s Ahead

California Insurance Commissioner Dave Jones said the state will investigate whether or not Wells Fargo harmed hundreds of thousands of customers by selling them car insurance they didn’t need. The probe follows subpoenas issued by New York state’s banking and insurance regulator to two Wells Fargo units last week.

Finance Brief: Labor Department Seeks 18-Month Delay on Fiduciary Rule

The Labor Department said in a court filing that it was seeking an 18-month delay on the fiduciary rule, which requires financial advisers to act in retirement savers’ best interests. The agency filed the document as part of a lawsuit in the U.S. District Court for the District of Minnesota, in which it said that it was proposing to push the compliance date to July 1, 2019, and loosening some of the rule’s restrictions.

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