Displaying 22 results
A billionaire tax? Don’t bet on it
The political makeup doesn’t bode well for passing major tax legislation — and a bill that imposes a specific levy on billionaires would be substantial.
Biden plans to name Julie Su as next Secretary of Labor
Su, who would become the first Asian American Cabinet secretary in Biden’s administration, would replace Marty Walsh.
Supreme Court dubious about Biden student-loan relief plan
Justice Brett Kavanaugh suggested he is wary of expanding presidential powers during national emergencies.
SALT alternative takes shape as Democrats move past Biden plan
Bill would raise deduction cap for most and exclude millionaires. However, the plan is unlikely to be taken up in Congress anytime soon.
Biden’s student-loan reprieve eases $1.6 trillion worry, for now
Student loans have been the fastest-growing debt category in the U.S. over the past decade
Biden attempts to end deadlock with $1.75 trillion package
The administration believes the package, which includes tax increases and climate and social welfare spending, can pass Congress.
President Biden’s first 100 days: Poll
The president marked his first 100 days in office on April 29 and has already introduced plans for sweeping legislation. Tell us what you think.
Biden determined to tax rich after windfalls from Covid
There’s rising confidence at the White House that evidence of widening inequality will translate into broad popular support for a tax-the-wealthy strategy.
Bitcoin, GameStop, robos: Update on fintech reg
Given the events so far this year, regulation of these topics is likely top of mind for policymakers under Biden, according to experts.
Politics and stock surges: Investment experts weigh in
What’s top of mind for investment pros as 2021 kicks off, ranging from Biden administration policies to the GameStop stock market volatility.
What the Biden administration really means for fintech
While conventional wisdom suggests a Democratic administration will move to strengthen regulations, there's potential for focus on how fintech can be used to help accomplish the new administration’s goal of expanding access to financial services.
Razor-thin majority in Senate endangers Biden’s agenda
The twin wins give Democrats operational control of the Senate, which is split 50-50s. While Democrats claim the majority because of the tie-breaking vote of Vice President-elect Kamala Harris, they hardly have free rein to advance legislation.
SEC’s Lee says agency should consider rules for socially responsible investing
The commissioner suggested the SEC think about standardized reporting on climate risk for public companies and investment funds
A divided government? No problem, most advisers say
There's a sense of relief that the extremes of both parties would be tamped down by a Biden presidency and a Republican Senate
Don’t count Trump out, but adviser pundits make Biden favorite to win
Valliere, Gardner see a narrow Electoral College victory for the former vice president
What advisers should expect from Trump-Biden debate
The markets are longing for economic stimulus and less talk about tax hikes
How a Biden win in November reshapes investment advice rules
Democrats scrapping the Trump administration’s reforms hinges on who’s picked to lead the SEC
Advisers address clients’ market jitters as election anxiety runs high
No matter who wins, advisers note that markets usually go up
Democrats vow to scrap Reg BI in party platform
Financial advisers should be 'legally obligated' to put clients’ interests first, according to the draft document
Biden’s economic and tax plans draw mixed reviews from advisers
The presumptive Democratic presidential nominee would raise capital gains taxes
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