As tax reform discussions continue on Capitol Hill and with legislation potentially moving in the coming months, ABA President and CEO Rob Nichols today shared the association’s views on tax reform in a letter to Senate Finance Committee Chairman Orrin Hatch (R-Utah).
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As the Trump administration works to advance its tax reform initiative, ABA today took part in a meeting with representatives from the National Economic Council, Treasury Department and other financial industry groups to provide feedback.
Prompt passage of tax reform will be a major driver of hiring and capital spending decisions, according to a Business Roundtable survey of large company CEOs — and failure or excessive delay could reduce planned investment and ding economic growth.
Testifying before the Senate Banking Committee today, Treasury Secretary Steven Mnuchin said he is hoping to collaborate with senators on financial regulatory relief and housing finance reform.
The Trump administration today released its long-awaited proposal for tax reform.
Regulatory reform legislation is expected to move in the U.S. House after healthcare reform and tax reform bills are completed, House Majority Whip Steve Scalise (R-La.) told attendees at ABA’s Government Relations Summit today.