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Economy

Steven Mnuchin defends lower tax rate for wealthiest earners

Kyle Feldscher -
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The Senate tax reform bill closes the loophole that allows foreign insurers to avoid paying American taxes on life insurance policies sold to American consumers in American markets. The House version keeps it open. And now it waits on the chopping block. If it survives, it may be due to the efforts of one senior staffer, Barbara Angus (pictured above). She certainly knows all the decision makers.
Beltway Confidential

The Republican lobbyist working on the inside to preserve the tax loophole for foreign insurance companies

Philip Wegmann -
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This 2017 photo displays the U.S. Treasury Department building in Washington, D.C. A legislative proposal passed 289-135 in the House of Representatives which will require Treasury Department officials to publish a report chronicling the financial assets of Iran's top leaders. (AP Photo/Pablo Martinez Monsivais)
Foreign Policy

House votes to have Treasury Department publish Iranian leaders’ assets

Joel Gehrke -
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House Speaker Paul Ryan said,
Economy

Paul Ryan: We are ‘so close’ to passing tax reform

Susan Ferrechio -
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The Joint Committee on Taxation's findings on the House tax bill line up with assessments of the GOP legislation from outside groups such as the Tax Policy Center and the Tax Foundation, which have found that the tax cuts would accelerate commerce, but not enough to fully pay for themselves. (AP Photo/Jacquelyn Martin)
Economy

Official scorekeeper: House tax bill wouldn’t boost economic growth enough to offset cost

Joseph Lawler -
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After Friday, the U.S. debt ceiling took effect again. The new limit is $20.493 trillion, which a government website said on Monday was the total amount of accrued debt as of Friday. (AP Photo/Mark Humphrey)
News

Meet the new debt ceiling: $20.493 trillion

Pete Kasperowicz -
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Economy

Chuck Schumer: Treasury analysis of GOP tax plan is ‘fake math’

Susan Ferrechio -
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The release is the first public documentation for Treasury Secretary Steven Mnuchin's claims that the tax cuts would spur enough new economic growth to pay for themselves. (AP Photo/Alex Brandon)
Economy

Treasury says tax plan would raise $300 billion if faster growth is assumed

Joseph Lawler -
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World Bank President Jim Yong Kim was picked by former President Barack Obama to lead the international lender back in 2012. (AP Photo/Charles Dharapak)
Energy and Environment

World Bank president pushes Obama climate goals

John Siciliano -
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Farenthold's former communications director, Lauren Greene, sued him in December 2014 claiming gender discrimination, sexual harassment, and a hostile work environment. (AP Photo/Jacquelyn Martin)
News

Treasury appears to pay $84K in settlement of Blake Farenthold sexual harassment case: Report

Anna Giaritelli -
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