Trump’s Team Discussing Tax Overhaul With House, Brady Says
published Nov 15th 2016, 6:37 pm, by Lynnley Browning (Bloomberg) — House Republicans are talking with President-elect Donald Trump’s transition team about how to fashion the biggest U.S. tax overhaul in three decades, the chairman of the House Ways and Means Committee says. “We’re talking to the Trump team about
Emerging-Market Losses Deepen as Dollar Gains; ETF Outflows Rise
published Nov 14th 2016, 4:01 pm, by Natasha Doff and Liau Y-Sing (Bloomberg) — Emerging markets extended losses, threatening the best annual rally since 2012, as the dollar’s strength cut demand for riskier assets in the wake of Donald Trump’s U.S. presidential election victory. The Turkish lira, Russia’s ruble and
Is Trump Going to Mess With Your Investments? Seven Tips
published Nov 9th 2016, 1:25 pm, by Suzanne Woolley (Bloomberg) — Financial planner Timothy LaPean is watching a wave of fear and confusion sweep over clients after Donald Trump’s stunning election as U.S. president. They aren’t just freaking out about their investments. In a sign of the impact of Trump’s
Obama Says Trump Seeks to Assure Leaders of U.S.-NATO Commitment
published Nov 14th 2016, 6:38 pm, by Mike Dorning (Bloomberg) — President Barack Obama said Donald Trump told him he can assure European leaders the U.S. won’t back off its commitments to the NATO alliance under the Republican president-elect. Obama also said during an hour-long news conference on Monday that
Trump Camp Urges Obama to Call Off ‘Professional’ Protesters
published Nov 13th 2016, 4:48 pm, by Scott Lanman and Erik Larson (Bloomberg) — Two of President-elect Donald Trump’s closest advisers dismissed the thousands of people protesting his victory as “professional” rabble-rousers and called on President Barack Obama and Democratic nominee Hillary Clinton to intervene. “I’m not sure these are
Dollar’s Trump-Inspired Surge Sets Off Intervention Across Asia
published Nov 11th 2016, 4:11 pm, by Narayanan Somasundaram and Lananh Nguyen (Bloomberg) — The dollar had its best week since 2011, spurring central banks from India to Indonesia to step in to stabilize their currencies on concern that U.S. President-elect Donald Trump will pursue policies that spur capital outflows
Two Cases Where Trump Could Rewrite the Rules: Noah Feldman
published Nov 12th 2016, 9:44 am, by Noah Feldman (Bloomberg View) — Vice President-elect Mike Pence has told evangelical leader James Dobson that the next administration will reverse President Barack Obama’s contraceptive mandate rules and transgender bathroom guidance — both of which it can do without Congress. If Pence speaks
Guns, Religion Singled Out as Trump Offers Constitutional Vision
published Nov 10th 2016, 3:23 pm, by Greg Stohr (Bloomberg) — Gun rights, religious freedom and states’ rights were worth a mention when President-elect Donald Trump’s team laid out his vision of the Constitution. Equal protection and due process of law not so much. In the most detailed description yet
SPORTS: Let’s Root, Root, Root for the Scrappy Team: Stephen L. Carter
published Nov 3rd 2016, 9:21 am, by Stephen L. Carter (Bloomberg View) — There’s a theory in psychology that we root for underdogs because we perceive them as scrappy. They work harder than the other guys. For champions, it all comes easy. For the underdogs, it’s all struggle and sweat.
Wall Street Hopes Trump Makes Structured Finance Great Again
published Nov 10th 2016, 1:30 pm, by Rachel Evans and Sally Bakewell (Bloomberg) — Wall Street bankers racing to comply with a new rule designed to prevent another crisis are hoping Donald Trump’s victory will bring them a reprieve. The U.S. President-elect aims to “dismantle” the 2010 Dodd-Frank financial reform act,