BROWSE BY TOPIC
Stories of Interest
- Banca IMI Securities to Pay $35Mn for Improper Handling of ADRs in Continuing SEC Crackdown
- Members of White House ‘Arts Panel’ Resign En Masse in Protest of Trump
- FINRA Whiffs on Disciplinary Sanction: Bill Singer's 'Negligent Market Manipulation in OTC Stock Promotion'
- Heather Heyer’s Mother Says, ‘I’m Not Talking to the President’
- Goldman Sachs May Have Lost $100Mn on Energy Bet Gone Wrong
- SEC Drops Case Against Ex-JPMorgan Traders Over 'London Whale'
- Financial Advisers That Invest in Technology Need to Accomplish These Two Things
- FINRA Amends Codes Regarding Expedited Arbitrator List Selection
- FINRA July 2017 Quarterly Disciplinary Review (Podcast)
- Senior Exec in Citigroup's Equities Unit Has Left
- Prudential Plotting its Escape From Fed's Tough Oversight
- Why CEOs Spurned Trump's Business Councils, in Their Own Words
- A Stockbroker, Her LLC, and Her Customers' Loans (Or Investment?) - Bill Singer
- Brian Quintenz Sworn In as CFTC Commissioner
- A Gary Cohn Resignation Would 'Crash the Markets' – Mgmt Guru Jeffrey Sonnenfeld
- Trading Firm DRW to Buy RGM Advisors - As Low Volatility Forces Out Weak HFT Players (subsc reqd)
- Reputational Damage - Rajat Gupta on Hard Road to Recovery
- 7th Circuit Affirms Spoofing Conviction - Bill Singer
- Wells Fargo Announces Board Changes
- Judge Rules Against Ex-Goldman Employee in Fed Leak Case
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NEWSLETTERS & ALERTS
Donald Trump & Co.
The 'Man 'Who Would Be President' Plans to Unveil Major Tax Reform Next Week
Donald Trump says he will release tax reform package next week - and not just any tax reform.
- It will be a "massive tax cut" for businesses and individuals.
- It will be released just before '100-day mark' in office.
- It will be "bigger I believe than any tax cut ever."
The Man Who Would Be President. The President of the United States is arguably the most powerful person in the world. As such, his words are accorded a level of respect and gravitas that go unquestioned, which prompts friends and foes to parse every syllable hidden relevance.
Why, then, does President Trump still feel the need to constantly resort to hyperbole? Perhaps it's because Donald Trump is still running for the post - i.e., "the man who would be president.” - rather than focusing on the responsibilities of the chief executive of the country.
This latest announcement fits an eerily familiar news pattern While the President would not provide details of the plan, his comments nonetheless seem to contradict what Treasury Secretary Steven Mnuchin seems to nitially set a goal of getting tax reform passed by August, but that deadline has slipped. Mnuchin now says the administration still hoped to get a bill passed well before the end of the year.