While much of the discussion over tax reform has focused on the border adjustment provision favored by House Speaker Paul Ryan (R-Wis.), in addition to pass-through business rates, corporate rates and the elimination of most itemized deductions, the lack of consensus on a comprehensive overhaul could create an opening for lesser-known items to help broaden support for an eventual deal.
While much of the discussion over tax reform has focused on the border adjustment provision favored by House Speaker Paul Ryan (R-Wis.), in addition to pass-through business rates, corporate rates and the elimination of most itemized deductions, the lack of consensus on a comprehensive overhaul could create an opening for lesser-known items to help broaden support for an eventual deal.
Republican lawmakers who support repealing or significantly changing the Dodd-Frank Act have argued that getting rid of the 2010 law would save the federal government money and stimulate growth. Two conservative economists on Wednesday introduced an economic rationale to make that case.
Republican lawmakers who support repealing or significantly changing the Dodd-Frank Act have argued that getting rid of the 2010 law would save the federal government money and stimulate growth. Two conservative economists on Wednesday introduced an economic rationale to make that case.
Sens. Elizabeth Warren (D-Mass.), Robert Menendez (D-N.J.) and Dean Heller (R-Nev.) are the Senate Banking Committee members up for reelection in 2018 with the highest disapproval ratings in their home states, according to Morning Consult polling data released Tuesday.
Sens. Elizabeth Warren (D-Mass.), Robert Menendez (D-N.J.) and Dean Heller (R-Nev.) are the Senate Banking Committee members up for reelection in 2018 with the highest disapproval ratings in their home states, according to Morning Consult polling data released Tuesday.
Wells Fargo & Co.'s board of directors on Monday announced further clawbacks to the compensation packages of two former bank executives forced out after a scandal involving the wrongful opening of customer accounts.
Wells Fargo & Co.'s board of directors on Monday announced further clawbacks to the compensation packages of two former bank executives forced out after a scandal involving the wrongful opening of customer accounts.
Load More

Briefings

Finance Brief: Week in Review & What’s Ahead

President Donald Trump signed three executive actions affecting the financial services industry. The actions included two presidential memorandums — one directing the Treasury Department to examine the Dodd-Frank process for winding down failing banks, and another directing the agency to review the Financial Stability Oversight Council’s authority to designate firms systemically important. The third item was an executive order directing the Treasury Department to analyze tax rules adopted in the last 18 months and identify any regulations deemed convoluted or onerous.

Finance Brief: Week in Review & What’s Ahead

President Donald Trump expressed support for the Export-Import Bank, a longtime target of fiscal conservatives who see it as a government interloper in private markets. The export credit agency has faced limited financing powers for more than a year due to board vacancies. To resolve that, the White House said Trump intends to nominate two Ex-Im candidates, both requiring Senate confirmation: former Rep. Scott Garrett (R-N.J.), who voted against renewing the bank’s charter while he was in Congress, would be head of the credit agency; and former Rep. Spencer Bachus (R-Ala.), who previously led the House Financial Services Committee, would serve on the agency’s board.

Load More