Nancy Cook

2 weeks ago | americanbanker.com | Saleha Mohsin |Nancy Cook |Joshua Green

A chorus of advisers inside and outside the Trump administration is pushing another name to serve as the next chair of the Federal Reserve: Treasury Secretary Scott Bessent. President Donald Trump said Friday he would name a successor "very soon" for Jerome Powell, whose term as Fed chair ends in May 2026.

1 month ago | thinkadvisor.com | Nancy Cook |Erik Wasson

Immediate Answers to Critical Tax Questions At Your Fingertips Keep up with the latest tax rules and regulations with weekly, exclusive updates by our Tax Facts experts. Get More Information Recently Added Q&As Recently Updated Q&As What is a high deductible health plan for purposes of an HSA? Get Answer Recently Updated Q&As Are remote workers eligible for leave under the Family and Medical Leave Act (FMLA)?

2 months ago | accountingtoday.com | Nancy Cook |Saleha Mohsin |Erik Wasson

Republicans in the White House, Senate and House are drafting analyses on how best to craft a new tax bracket for the wealthiest Americans, work that signals the GOP under President Donald Trump is seriously considering ideas to raise taxes on the rich. The House proposal would set the new rate at 40% for taxpayers earning $1 million or more a year, according to people familiar with the proposal.