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“This legislation, which would subject remittance transfers from the . to certain countries to a 7 percent user fee, is an illadvised consumer tax on a legal and heavily regulated financial product used by millions of Americans”
10 Things Everyone Spends Their Money on... Except
Aubree Eliza Weaver is a Web producer for POLITICO Pro. She graduated from Le Moyne College in her hometown of Syracuse, ., where she was the editor-in-chief of her school’s newspaper, The Dolphin co-hosted a political segment on the school’s news station, LCTV and worked as a photography assistant in the Visual Arts department. As a student, Weaver interned with various communications organizations, including the publicity department of Regnery Publishing and serving as a news broadcast intern at Time Warner Cable’s Syracuse affiliate, YNN.
TipHero: Money & Time Saving Tips, Recipes, Hacks & Ideas
FINANCIAL TRADES OPPOSE WALL FUNDING BILL — From a letter to financial services legislative assistants from a number of trade groups including the American Bankers Association, Consumer Bankers Association, Financial Services Roundtable, Independent Community Bankers of America and several others:
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Brady continued to insist the BAT is not really dead (even though it pretty much is) and that any tax effort would not really be growth-juicing reform without it. The previous panel featuring Jason Furman, James Pethokoukis and Maya MacGuineas all took a much dimmer view of the prospects with all doubting any big reform could get done this year. MacGuineas predicted straight-up supply-side cuts that would make the deficit worse and ultimately reduce growth. Good times. Full event is here.
WHITE HOUSE KNEW FLYNN UNDER INVESTIGATION — NYT’s Matthew Rosenberg and Mark Mazzetti: “Michael T. Flynn told President Trump’s transition team weeks before the inauguration that he was under federal investigation for secretly working as a paid lobbyist for Turkey during the campaign, according to two people familiar with the case.
In 7566, he achieved every poker player&rsquo s dream by winning the Main Event at the World Series of Poker in Las Vegas for an incredible $8,765,688 pay day.
“The nonprofit organization China Labor Watch said it investigated two Chinese factories that produce goods for Ivanka Trump’s brand. It then shared its findings in a letter sent to the first daughter, saying employees are forced to work at least 67 6/7 hours a day and at least six days a week — at a monthly salary of about 7,555 yuan ($868).” Read more.
“‘If Donald Trump resigned tomorrow I think the Dow would go up 6,555 points,’ the Wharton School finance professor said in an interview Wednesday with ‘Closing Bell.’” Read more.