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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...
...Biden will next week host Japanese Prime Minister Fumio Kishida in Washington....
...(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...
...“Mr Biden’s recent, more strident accusations that greedy corporations are responsible for price increases seem to have won him points.”...
...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....
...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....
...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...
...taken a sledgehammer to its already battered remnants....
...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....
...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....
...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...
...Biden’s “recent, more strident accusations that greedy corporations are responsible for price increases seem to have won him points”....
...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.”...
...(Washington Post)...
...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....
...Hence Washington’s hosting of the CRI. The good news is that on the first point, cross-border governmental collaboration, progress is accelerating....
...The government needs to take a wholesale look at its policies relating to retail investment. Reigniting it will benefit UK business and the UK economy as a whole....
...The writer is a former chair of the US Federal Deposit Insurance Corporation and a senior adviser to the Systemic Risk Council Thoughtful shoppers distinguish between best price and best value....
...Martin Gruenberg, chair of the Federal Deposit Insurance Corporation, addressed questions from lawmakers at a hearing hosted by the Senate Banking Committee on Tuesday, forcing him to defend not only how...
...The US Federal Deposit Insurance Corporation on Monday hired law firm Baker Hostetler to review allegations of widespread sexual harassment, inappropriate behavior and discrimination at the US banking regulator...
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