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...Danielle Rolfes, head of KPMG’s Washington national tax practice, said it was hard to predict what might happen if the deal failed....
...President Joe Biden has called for higher taxes on the wealthy and large corporations, taken a tougher approach to antitrust enforcement, sided with labour unions in contract negotiations and criticised...
...The Washington-based Verra is among the organisations advocating for offsets to be included in the plastics treaty....
...Biden will next week host Japanese Prime Minister Fumio Kishida in Washington....
...However the new minimum corporation tax would mark an increase from the 15 per cent that was implemented in 2022 as part of the Inflation Reduction Act....
...(Politico Magazine) Join Nancy Pelosi, Jake Sullivan, Anne Applebaum, Bradley Whitford, Gucci Westman and many more on May 4 in Washington DC for our third annual FT Weekend Festival: US edition — a Saturday...
...Washington favours confiscating the reserves in their entirety and handing them to Ukraine, but many European officials have warned such a move would breach international law, unsettle global markets and...
...“Mr Biden’s recent, more strident accusations that greedy corporations are responsible for price increases seem to have won him points.”...
...He already said during the SOTU that corporations needed to pay more taxes so expect to hear him aim his sights at corporations more as he hits the campaign trail....
...taken a sledgehammer to its already battered remnants....
...Biden has increasingly sought to blame corporations for high prices, and made a populist crackdown on “junk fees” part of his speech to Congress on Thursday....
...The US Federal Deposit Insurance Corporation is working on proposals aimed at ensuring asset managers do not seek too much influence over the banks in which they hold large stakes....
...One of the largest penalties imposed on a New York corporation, the judgment has ballooned the former president’s legal costs, which he is struggling to cover while mounting a campaign for the presidency...
...“Even as prices have come down on important items like a gallon of milk and a dozen eggs, some corporations aren’t passing those savings on to consumers,” Lael Brainard, director of the White House’s National...
...A European official confirmed Washington was applying pressure but did not give more details. The Dutch ministry of trade declined to comment....
...It’s a spoiler for Wall Street and Big Ag, and Big Tech, and Big Telecom, and Big Pharma, and the corporate- owned media and all the corrupt politicians and corporations.”...
...The US International Development Finance Corporation (DFC) has invested $105mn into TechMet, a $1bn critical minerals fund, which has pledged $50mn of equity for Rainbow Rare Earths, the company behind the...
...(Washington Post)...
...Lawyers say both rules are likely to trigger imminent challenges from corporations and Republican states that will argue the rulemaking exceeds the federal government’s constitutional powers — and expect...
...The move caps months of debate within the White House about how to respond to a deal that has sparked a political backlash in Washington and Pennsylvania, a critical swing state....
...Michael Bright Chief Executive, Structured Finance Association, Washington, DC, US...
...That bond was underwritten by a subsidiary of the Chubb corporation....
...He is due to meet counterparts in Washington as the IMF and World Bank hold their spring meetings and policymakers weigh the prospects of a modest global recovery this year....
...“I’m pretty tired of constantly worrying that somebody in Washington DC makes a decision that’s going to impact my family in Fayette county,” said Nick Staffieri, a waste management team leader at EQT Corporation...
...With additional reporting by Alex Rogers in Washington...
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