Politics

Jamie Dimon says tax cut will cause companies to buy back stock

JPMorgan Chase Chairman in addition to CEO Jamie Dimon will be a big proponent of corporate tax reform. “You need a competitive tax system … companies will retain more capital in addition to start to use which over time,” Dimon said Wednesday in response to a moderator question at the Axios Smarter Faster Revolution event in Ann Arbor, Michigan. “Some ...

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Republicans move to permanently kill rule to curb energy corruption

Huizenga on Tuesday argued which the SEC is usually not the appropriate agency to deal with the problem. He said the Cardin-Lugar Amendment’s goal is usually “laudable,” yet “using federal securities law along with the SEC to enforce social issues is usually inconsistent with the SEC’s core mission along with completely inappropriate.” “Just to remind everyone, the SEC’s mission is ...

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Net neutrality rules look doomed — will consumers pay?

Getty Images Demonstrators, supporting net neutrality, protest a plan by the Federal Communications Commission (FCC) to repeal restrictions on internet service providers during a protest outside a Verizon store on December 7, 2017 in Chicago, Illinois. Crushing of which competition, she said, opens the door for fewer companies with more control to charge higher prices. “the idea essentially amounts to ...

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Yellen’s only regret as Fed chair: Low inflation

Janet Yellen looked back on her year at the Federal Reserve as well as figured most of the boxes are checked: Accelerating economic growth, a solid employment picture as well as a stable financial system. The one job left undone? Inflation. At her final news conference as Fed chair Wednesday, Yellen said the Fed’s failure to bring inflation up to ...

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Bigger paychecks in Feb if GOP finishes tax bill by Christmas

President Donald Trump pledged Wednesday that will the Republican tax reform plan might deliver “lower taxes along with bigger paychecks” as early as February, provided Trump can be able to sign the bill before Christmas. “I’m excited to announce that will if Congress sends me a bill before Christmas, the IRS … has just confirmed that will Americans will see ...

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Net neutrality repeal prompts huge backlash

Chief technology officer at Amazon, Werner Vogels, tweeted of which he was “extremely disappointed” by the move along with of which Amazon could “continue to work with our peers, partners along with customers to find ways to ensure an open along with fair internet of which can continue to drive massive innovation.” Werner tweet Google, in a statement to CNBC, ...

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Trump and also also also Putin held phone call on ‘dangerous situation’

U.S. Donald President Trump spoke by phone on Thursday with Russian President Vladimir Putin and also also also the two leaders “discussed working together to resolve the very dangerous situation in North Korea,” the White House said in a statement. Trump also thanked Putin “for acknowledging America’s strong economic performance in his annual press conference,” the statement said. The Kremlin ...

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Trump was offered Putin meeting by Goldstone, Washington Post reports

Donald Trump was offered a meeting with Russian President Vladimir Putin about one month after he launched his presidential bid, the Washington Post reported, citing an email of which the idea obtained. Rob Goldstone, a British music promoter, reportedly said he could arrange the meeting after Trump turned down his invitation to travel to Moscow. Goldstone’s client, Russian pop star ...

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