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President Trump signed the GOP's $1.5 trillion tax cut bill on Dec. 22. The new law lets firms bring overseas earnings back to the U.S. without a penalty once they pay a one-time levy and reduces the top tax rate to 21 percent. (Mike Theiler/Pool via Bloomberg)
Business

Cash windfall from Trump’s tax law may fuel corporate dealmaking boom

James Langford -
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A least a few members of the Federal Reserve system said at the December monetary policy meeting that they were interested in studying alternatives to the Fed's current regime. (iStock)
Economy

Fed members seek historic shift in money supply

Joseph Lawler -
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Granted, only a Grinch would complain about employees getting bigger take home pay after the holidays. (AP Photo/Ben Margot, File)
Beltway Confidential

Those corporate tax reform bonuses are actually crony bribes with extra steps

Philip Wegmann -
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Wells Fargo agreed to pay $1 billion to settle government probes of its auto-loan and mortgage-lending practices.
Business

Companies trumpet bonuses, pay hikes after Congress passes tax bill

Melissa Quinn -
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GOP leaders expressed confidence that they had the votes for passage of the tax reform bill. Republican Whip John Cornyn suggested Friday morning that all 52 Republicans would vote for final passage. (AP Photo/J. Scott Applewhite, File)
Economy

GOP tax bill highlights: Read the summary of the legislation agreed to by the House and Senate

Joseph Lawler -
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Sen. Marco Rubio and the Wall Street Journal have, for years, clashed over the Florida Republican's advocacy of larger child tax credits, which he succeeded in including in the Republican tax bill. (Andrew Harrer/Bloomberg)
Economy

Marco Rubio says no on tax bill without expanded child tax credit

Joseph Lawler -
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Republicans reach final deal on taxes: 21 percent corporate rate, lower rate for wealthy
Economy

Republicans reach final deal on taxes: 21 percent corporate rate, lower rate for wealthy

Joseph Lawler, Susan Ferrechio -
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The Florida Republican had warned of
Economy

Marco Rubio in tough spot on tax reform

Joseph Lawler -
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Federal Reserve Chairwoman Janet Yellen and other top officials are betting that the economy will improve in the months ahead, requiring tighter money to keep inflation stable, even though actual inflation trended down during the year. (AP Photo/Pablo Martinez Monsivais, File)
Economy

Fed goes through with third interest rate hike of the year

Joseph Lawler -
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Senate Finance Committee Chairman Orrin Hatch announced that a deal had been struck hours before the conference committee tasked with hammering out the joint bill was set to meet for its first and only public meeting. (Aaron P. Bernstein/Bloomberg)
Economy

Senate, House reach agreement on tax bill

Joseph Lawler -
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