Articles

  • 3 days ago | news.bloomberglaw.com | Erik Wasson |Bill Allison

    had promised to help reelect the House Republican majority just a day before savaging the party’s centerpiece tax-and-spending package and suggesting he would work to oust lawmakers who supported the legislation, House Speaker said. Johnson described the tech billionaire’s pledge to reporters Wednesday as party leaders were still reeling from a social media fusillade Musk launched Tuesday against Trump’s massive fiscal package.

  • 1 month ago | news.bloomberglaw.com | Bill Allison |Tom Maloney

    Commerce Secretary Howard Lutnick is poised to secure what could be a large capital gains tax break. But to get it, he’ll have to lock in about $54 million in paper losses as the tariff policies he’s championed have hammered financial markets. The value of two of Lutnick’s biggest publicly traded holdings — brokerage BGC Group Inc.

  • 2 months ago | news.bloomberglaw.com | Katanga Johnson |Bill Allison

    Donald Trump’s pick to lead the Office of the Comptroller of the Currency escaped intense questioning during his Senate nomination hearing Thursday as lawmakers instead focused their heaviest scrutiny on the president’s nominee for head of the Securities and Exchange Commission.

  • 2 months ago | news.bloombergtax.com | Katanga Johnson |Bill Allison

    Donald Trump’s pick to lead the Office of the Comptroller of the Currency escaped intense questioning during his Senate nomination hearing Thursday as lawmakers instead focused their heaviest scrutiny on the president’s nominee for head of the Securities and Exchange Commission.

  • 2 months ago | news.bloomberglaw.com | Lydia Beyoud |Nicola White |Bill Allison

    Paul Atkins, President Donald Trump’s nominee to lead the Securities and Exchange Commission, and his spouse have a combined net worth of at least $327 million, which would make him the wealthiest SEC chair in recent decades if confirmed. His stake in Patomak Global Partners, the consulting firm he founded, is worth at least $25 million, based on paperwork filed with the Office of Government Ethics.

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