AIG Promotes Peter Hancock to CEO
Hancock, head of property-casualty, will replace Benmosche Sept. 1.
Next Up in Tax Reform Debate: Capital Gains
Senate Finance Chairman Max Baucus and House Ways and Means Chairman Dave Camp plan to hold a joint hearing Thursday to review the tax treatment of capital gains in the context of comprehensive tax reform.
Senate Republicans Block Buffett Rule; Democrats Vow Continued Fight
The Senate voted against the Paying a Fair Share Act of 2012, also known as the “Buffett Rule,” which would have set a minimum 30% tax on millionaires and billionaires.