President Obama’s just released 2016 fiscal year federal budget proposal is already ruffling Republican feathers in Washington, D.C., and it’s no wonder as it includes taxes meant to stimulate controversy. In particular, the Obama administration is taking aim at big Wall Street banks and other securities firms. “The President’s proposal would make it more costly… Read More >>
Averting the Fiscal Cliff
The U.S. presidential candidates have successfully avoided the thorny issues conjured by the “fiscal cliff” facing Congress and the White House. However, U.S. Senators Saxby Chambliss (R-Ga.) and Mark Warner (D-Va.) took on the issue at a panel discussion during SIFMA’s annual meeting this week in New York. The takeaway: an agreement is possible and… Read More >>
