Trump Seeks Tax Windfall For Business
The Trump administration has proposed slashing the rate of corporation tax with the aim of spurring economic growth, the Treasury Secretary said. Steven Mnuchin unveiled President Trump's tax...
Tag: Treasury Secretary
Trump Seeks To Slash Tax For Businesses
President Donald Trump is to propose slashing the rate of corporation tax when he announces his tax plan later. White House officials say the centrepiece of Wednesday's announcement will be a sharp...
US Blacklists 271 Syrian Chemists, Other Experts Over Sarin Attack
The US government put 271 Syrian chemists and other officials on its financial blacklist Monday, punishing them for their presumed role in the deadly chemical weapons attack on a rebel-held town in...
US Slaps Sanctions On Syrian Officials Who Produced Sarin For Assad
The US government has imposed 'sweeping sanctions' on Syrian officials in response to the sarin gas attack the country's dictator hit civilians with earlier this month. The Treasury Department...
US Treasury Sanctions Syrian Officials Over Sarin Attack
The US government imposed "sweeping sanctions" on Syrian officials in response to what the US says was a sarin gas attack on civilians earlier this month, the Treasury Department announced Monday....
Consensus In G20 That Protectionism ‘damaging’ For Global Economy
The Group of 20 major economies have reached a "broad consensus" that a continued rise in protectionism would be damaging to the global economy, German Finance Minister Wolfgang Schaeuble said...
US Growth Good For Global Economy
The Trump administration's priority is boosting US growth through tax cuts and an overhaul of regulations, and a growing American economy will be good for the world, Treasury Secretary Steven Mnuchin...
Trump Seeks Headway On ‘Buy American, Hire American’ Pledge
Donald Trump moves Tuesday to make good on one of his emblematic pledges -- "Buy American, Hire American" -- by issuing a decree on tightening skilled-worker visa rules, but his room for maneuver...
Trump Says China Is Not Manipulating Currency
US President Donald Trump reversed himself Wednesday and said China is not manipulating its currency to gain a trade advantage. In an interview with the Wall Street Journal, Trump appeared to lay to...
Democrats Urge Probe of Trump Ties To Iran-Linked Oligarch
Senior Senate Democrats on Thursday said they were demanding the US government investigate connections between President Donald Trump's real estate company and an Azerbaijani oligarch reported to...
Trump Pivots To Tax Reform After Obamacare Shipwreck
After a crushing defeat in the effort to repeal Obamacare, the Trump administration is hoping for smoother sailing on tax reform, expecting this will be less divisive among Republican party factions....
Popular With Trump, Will Jackson Stay On the $20 Bill?
President Donald Trump's enthusiasm for his 19th century predecessor Andrew Jackson is stoking fears he may cancel plans to replace that controversial president on the $20 bill with abolitionist...
US Issues Trade Challenge At Fraught G20
The United States on Saturday challenged long-standing global principles surrounding free trade, refusing to renew past anti-protectionist pledges and threatening to reopen negotiations on World...
US Confirms Disappointing Growth In 2016
The US Commerce Department on Tuesday confirmed a picture of sluggish growth in 2016, with the world's largest economy growing at its slowest pace in five years. The updated figures left prior...
Asian Markets Starts Week With Fresh Losses
Asian markets kicked the week off with broad losses Monday, with Tokyo hit by a stronger yen, as the global Trump rally shows signs of fragility ahead of a key speech by the new president to...
Wall Street Opens Lower, Pausing Rally
Wall Street opened lower Friday, taking a break from the steady rally of the past three weeks, amid a generally cautious move in global markets. Twenty minutes into trading, the Dow Jones Industrial...
‘This Guy Is A Fraud’
Vermont Sen. Bernie Sanders accused President Donald Trump of falling short of commitments to middle-class voters, pointing to his Cabinet and senior advisers' ties to Wall Street. "This guy is a...
Trump To Cut Financial Rules
U. S. President Donald Trump will today direct the Labor Department to delay implementation and review a rule designed to prevent conflicts of interest when advisers give retirement advice, a senior...
How Trump’s Proposals May Affect Every Income Tax Bracket
During the campaign, President Donald Trump proposed the most significant tax cuts since Ronald Reagan. Trump's tax plan calls for reducing personal income tax rates from seven to three brackets: 12...
Trump Treasury Nominee Mnuchin To Defend Banking Record To Senators
President-elect Donald Trump's choice for Treasury secretary, Steven Mnuchin, will defend his banking record in the aftermath of the financial crisis on Thursday and sell senators on why he should be...