Tag Archives: Steven Mnuchin

First Quarter Tax Reform Update

Legislative Activity The House With the 115th Congress entering month three, tax reform continues to be a focal point of the political debate in Washington. Intent to move forward with their tax reform “Blueprint” released in June 2016, Speaker Paul Ryan (R-WI), House Ways and Means Committee Chairman Kevin Brady (R-TX), and other tax-writers have … Continue Reading

House Passes FY 2017 Defense Appropriations Bill; President Trump to Deliver FY 2018 Budget Outline This Week; Debt Ceiling Suspension Expires This Week

Legislative Activity FY 2017: House Passes Defense Appropriations Bill, What About the Rest? The House passed its $577.9 billion FY 2017 defense appropriations bill (H.R. 1301) last week by a vote of 371-48 which included a $6.8 billion increase in procurement funding above the Obama Administration’s budget request for the fiscal year. The chamber still … Continue Reading

Congress Looks to Finalize Funding for the Current Fiscal Year; Trump’s FY 2018 “Skinny Budget” Expected Mid-March

Executive Branch Activity Trump’s FY 2018 “Skinny Budget” Expected Mid-March The Trump Administration is reporting it will release its FY 2018 budget proposal by mid-March, according to White House Press Secretary Sean Spicer. The proposal is expected to be a “skinny budget” and provide an outline of the President’s fiscal goals, while a more comprehensive … Continue Reading

Financial Services Regulatory Reform Debate Abounds in Congress and at the Agencies; FSOC to Meet Under Mnuchin

Legislative Activity CHOICE Act 2.0 Could Be Weeks Away as GOP May Need to Resolve Differences While previous reports indicated that House Financial Services Committee Chairman Jeb Hensarling (R-TX) was set to move on a revised version of the Financial CHOICE Act (CHOICE Act 2.0), his plan seems to have been met with delay. Though … Continue Reading

GOP Leaders Discuss Timing of Tax Reform; Clarity May Be Needed on New Treasury Regs

Legislative Activity GOP Sets Out Timeline for Tax Reform Last week, Republican lawmakers traveled to Philadelphia for a retreat to discuss their priorities for the 115th Congress.  Among the top priorities for the GOP: tax reform. According to House Speaker Paul Ryan (R-WI), the House will turn its full time and attention to tax reform … Continue Reading

Questions Over GOP Tax Reform Proposal Emerge; Acting Treasury Secretary Named

Legislative Activity Border Adjustability in the Spotlight Though healthcare and repealing and replacing the Affordable Care Act have thus far been the primary focus of the tax-writing committees this Congress, policymakers are still continuing to move forward with tax reform. Among the proposals in the House Republicans’ tax reform “Blueprint” receiving the most attention in recent weeks … Continue Reading
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