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Bessent: Not Unreasonable To Have Discussion On Practices Of Credit Card Companies
Scott Bessent said it was not unreasonable to have a discussion on the practices of credit card companies and a number of things can be considered.
‘Weaponizing’ $10 Trillion Of US Assets Is Tough Ask For Europe
As Europe considers how best to respond to US President Donald Trump’s latest threats there’s one extreme potential countermeasure fueling debate.
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Markets Acting as Though Favorable Outcome is Imminent Despite No Substantive Progress
Despite the absence of any finalized trade deals, equity markets appear to be pricing in a clear U.S. victory in the ongoing trade negotiations.
DOL Halts Enforcement of Independent Contractor Rule Targeting Financial Advisors
DOL suspended enforcement of Biden-era rule that many financial advisors feared would force reclassification of independent contractors as employees.
IRS Lost 31% of Tax Auditors in DOGE Downsizing, Report Says
IRS lost 31% of auditors from buyouts and layoffs tied to Musk’s DOGE departures that are likely to hamper agency’s ability to go after tax cheats.
Emigrant Partners Acquires Minority Stake in Jim Dickson’s Elevation Point to Accelerate RIA Investments
In strategic move that strengthens both firms’ reach in independent advisory space Emigrant Partners has acquired a minority stake in Elevation Point.