House Bar on SEC Fiduciary Rule Likely DOA in Senate
It's “unlikely that the Senate will agree” to prohibit the SEC from making a uniform fiduciary rule, says IAA's David Tittsworth.
Obama Threatens to Veto Bonus Depreciation Extension
Bonus depreciation was “never intended to be a permanent corporate giveaway,” the Obama administration said as the House passed a bill to make it permanent.
Andy Friedman: Why Tax Reform’s Not Happening Anytime Soon
The Washington Update's Andy Friedman explains the principles and high political hurdles to comprehensive tax reform, last achieved in 1986 under President Reagan.
House Appropriations OKs Smaller SEC Budget Boost Despite Complaints
Committee votes to give the SEC a $50 million budget boost, not the $350 million requested by Obama.
FPA Steps Up Lobbying Game With First ‘Advocacy Day’
FPA is pushing for a user-fees bill and trying to "establish relationships" with lawmakers.
The Hot Gadget in Your Driveway
A tech revolution is remaking auto industry prospects.
Geithner Omits Cost of Success in ‘Stress Test’
What Tim Geithner doesn't entirely convey in his new book is that success came at a steep price.
Middle-Class Retirement ‘Under Siege’: IMCA 2014
The middle class is burdened by unemployment, debt and a sluggish housing market, Marcia Wagner, of the Wagner Law Group, said at the IMCA conference.
The New Cold War and Who Won't Win It
Russia faces a growing strategic and economic dilemma.
Fed Governor Stein Resigns to Return to Teaching at Harvard
Jeremy Stein is a known as a thought leader on the linkage between monetary policy and financial stability.