Category Archives: Business

Republicans Talk Taxes –

Republican Representative Eric Cantor indicated that there could be a compromise on tax loopholes.  Republicans and Democrats have been in talks about raising the $14.3 trillion debt ceiling and have been negotiating tax loopholes, tax increases, and spending cuts.  The … Continue reading

Posted in Administrative, Budget, Business, Democrat, Economy, General, Republican, Tax | Leave a comment

U.S. Firms Head For Tax Havens –

U.S. firms are heading to tax havens in greater numbers than in the past.  Increased regulations and tax burdens are factors considered by companies that are going public or relocating.  Bermuda and the Caymen Islands are two popular locations for … Continue reading

Posted in Administrative, Business, Economy, General, International, Regulatory, Tax, Trade | Leave a comment

Deficit Negotiations –

Negotiations on the deficit and the debt ceiling are making progress in Congress.  Democrat Senator Dick Durbin indicated that a delay could force interest rates higher.  Democrats are attempting to raise the debt ceiling and Republicans are proposing budget cuts to lower the … Continue reading

Posted in Administrative, Budget, Business, Congress, Democrat, Economy, General, Politics, Presidential, Regulatory, Republican | Leave a comment

Free Trade Deals Set To Pass –

Congress is set to pass free trade deals for South Korea, Columbia, and Panama.  The free trade deals are expected to be sent to Congress from the Obama administration.  The trade agreements have strong support in the Republican controlled House and enough … Continue reading

Posted in Administrative, Business, Congress, Democrat, Economy, General, International, Politics, Regulatory, Republican, Tax, Trade | Leave a comment

Wall Street Regulations –

At a public forum on June 7th, Jamie Dimon questioned Bernanke about Wall Street regulators.  The amount of regulation came into question as well as the end result possibly being a slowdown of the U.S. economy. To read a related Bloomberg article, … Continue reading

Posted in Administrative, Business, Democrat, Dodd-Frank, Economy, General, Regulatory, Republican, SEC, Treasury | Leave a comment

Trade Pacts And Programs –

Senator Max Baucus has tied the renewal of the Trade Adjustment Assistance program with trade deals for Korea, Columbia, and Panama.  The Senate Democrat is the Finance Committee Chairman and has the support of at least 41 Senators on this … Continue reading

Posted in Administrative, Business, Congress, Economy, General, International, Politics, Presidential, Regulatory, Republican, Trade | Leave a comment

SEC Proposals For Credit Rating Agencies –

The Securities and Exchange Commission will propose regulations for credit rating agencies to promote transparency.  Credit rating agencies came under fire after granting AAA ratings to mortgage securities backed by subprime loans.  Proposals address the internal controls and disclosures by credit rating agencies.   To read … Continue reading

Posted in Administrative, Business, DC, Dodd-Frank, Economy, General, Regulatory, SEC | Leave a comment

Wisconsin Borrowing Costs Drop –

Wisconsin borrowing costs are dropping and that may be a result of Republican Governor Scott Walker.  Governor Walker took on the unions and signed a bill limiting their collective bargaining power on March 11th.  The move is being well received by markets with the … Continue reading

Posted in Administrative, Business, Democrat, Economy, General, Governor, Politics, Republican | Leave a comment

Fannie Mae Shows Net Loss –

Fannie Mae reported a first quarter net loss of $6.5 billion and will request an additional $6.2 billion from the government.  Fannie Mae reported net income of $73 million in the last quarter.  To read a related Wall Street Journal article, please click … Continue reading

Posted in Administrative, Business, General, Infrastructure, Real Estate, Treasury | Leave a comment

New Jersey Tunnel Funding –

New Jersey Governor Chris Christie has indicated that the state will not return the $271 million in commuter rail tunnel funding to the federal government.  Recently, the Federal Transit Administration has added a fee for holding the funds that could amount … Continue reading

Posted in Administrative, Business, Democrat, General, Governor, Infrastructure, Politics, Regulatory, Republican | Leave a comment

Democrats Target Medicare Plan –

Senate Democrats are expected to vote on a house measure that would change Medicare benefits.  The move is an aggressive step by Senator Reid and Congressional Democrats.  Republicans have kept the Democrats on the defensive over the last few months regarding federal … Continue reading

Posted in Administrative, Budget, Business, Democrat, General, Healthcare, Infrastructure, Politics, Regulatory, Republican | Leave a comment

Federal Reserve To Finish Bond Purchases –

The Federal Reserve has announced that they will finish bond purchases in June.  The $600 billion of bond buying activity by the Fed was intended to spur the economy and was scheduled to end in June.  Also, a Federal Open Market Committee … Continue reading

Posted in Administrative, Business, Economy, Federal Reserve, General, Regulatory, Treasury | Leave a comment

Dodd-Frank And Credit Ratings –

Dodd-Frank financial regulations impact many areas of finance including credit ratings.  Implications of the Dodd-Frank regulations and proposals by the SEC are discussed in a recent article by Reuters. To read the Reuters article, please click here: http://www.reuters.com/finance/deals/regulatory James Sutliff

Posted in Administrative, Business, Dodd-Frank, Economy, General, Regulatory, Trade, Treasury | Leave a comment

U.S. Debt Outlook Cut To Negative –

Standard & Poor’s cut the outlook for U.S. debt from stable to negative.  This is the first time in history that the S & P has cut the outlook for U.S. debt.  The stock market reacted by pulling back almost … Continue reading

Posted in Administrative, Budget, Business, Democrat, Economy, General, Regulatory, Republican | Leave a comment

Geithner IMF Statement –

Treasury Secretary Timothy Geithner addressed the need for major currency floatation.  In a statement to the International Monetary Fund (IMF) steering committee, Geithner stated the need for major economies to allow their currencies to adjust to market conditions.  The Chinese … Continue reading

Posted in Business, Economy, General, International, Regulatory, Republican, Trade, Treasury | Leave a comment