Latest news with #Bankers
Washington Post
21-05-2025
- Business
- Washington Post
Trump drafts America's business titans to burnish his image at home and abroad
WASHINGTON — President Donald Trump isn't the only one who wrapped up a Middle East tour in recent days. A private jet carrying Nvidia's CEO trailed Air Force One across the region. Oil executives and bankers followed, too, as American executives dropped everything — canceling longstanding obligations and zooming into board meetings back home — to cozy up to Trump and bolster the image he tried to sell on his first major foreign trip.
Bloomberg
12-05-2025
- Business
- Bloomberg
Tax-Exemption on Muni Bonds ‘Untouched' in House Tax-Cut Plan
Public finance lobbyists and bankers breathed a sigh of relief as the key federal subsidy underpinning municipal bonds appeared unscathed in a bill House tax writers released Monday. The tax package released by the House Ways and Means Committee doesn't include material changes to tax-exempt municipal bond financing. Most muni bonds pay interest that's exempt from federal tax. Bankers and borrowers have warned for months that the tax break was at risk as lawmakers look for ways to raise revenue to offset the cost of extending President Donald Trump's 2017 tax cuts.
