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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”

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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.

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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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Find out how our financial system has left us with the highest personal debt in history, unaffordable housing and worsening inequality.

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.

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