Policy Finance / Economy

President Trump's budget proposal is able to achieve balance in part by estimating greater economic growth than the Congressional Budget Office. (AP Photo/Evan Vucci)

Trump's first budget sets new course away from Obama, and the GOP

By Joseph Lawler

Trump's is staking out a radically different path from the past budgets set out by former President Barack Obama, but also makes a key depar...

Wall Street doesn't want GOP financial reform bill, author Hensarling says

By Joseph Lawler

Rep. Jeb Hensarling says his bill, called the Financial Choice Act, would benefit community banks, not Wall Street.

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Big banks wouldn't want GOP offer for fewer rules, CBO finds

By Joseph Lawler

The eight biggest banks would have to raise too much capital and wouldn't get them out of international rules, the Congressional Budget Offi...

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Mnuchin: Trump never favored Glass-Steagall and won't break up banks

By Joseph Lawler

"We never said we were in favor of Glass-Steagall. We said we were in favor of a 21st-century Glass-Steagall. It couldn't be clearer," Treas...

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