The Latest on the Government Shutdown

Our Take It is interesting to view the recent votes on Tax Reform through the historical prism of the last time we had comprehensive tax reform in 1986.   While a review of all the roll call votes show some party line votes, it seems like most of the votes were more strong bipartisan totals.   While […]

The Week in Review Tax reform headlines dominated the week as both chambers took significant steps to advancing tax reform legislation. On Thursday, the Senate Finance Committee advanced the upper chamber’s legislation on a party-line vote after a contentious four-day markup.  That move came on the heels of the House approving its version of tax […]

The Republican race to finish tax reform legislation before the end of the calendar year enters another critical week as the House takes up its legislation (H.R. 1) on the chamber floor and the Senate Finance Committee begins a markup of the upper chamber’s version of the package. While some defections are likely inevitable, House […]

The Week in Review A big political week both inside and out of Washington saw victories for both parties as Democrats notched electoral wins and Republicans moved a step closer to passing tax reform legislation.

Looking Ahead Near Term The Tax bill comes to the full House on Thursday (at Rules on Wednesday) Senate Finance starts its mark-up of the tax reform bill on Monday. The House Rules Committee is schedule d to meet on Monday to try again at bringing the Flood Insurance bill to the Floor. The House […]

Democrats are celebrating victories this morning in yesterday’s elections in New Jersey and Virginia, as well as other local races across the country. In the most high-profile race, Ralph Northam defeated Ed Gillespie for the Virginia governorship by a nine-point margin, four points more than Hillary Clinton’s victory in the state last year. That fact […]

Political attention will shift away from Washington and towards Virginia and New Jersey today as those states’ voters head to the polls for a gubernatorial election. The Virginia race in particular is anticipated to be a close contest between current Lt. Gov. Ralph Northam and former Republican National Committee (RNC) Chair Ed Gillespie. Political observers […]

Tax reform is still the talk of the town in Washington as Republicans kick their legislative effort into overdrive this week. The tax reform frenzy kicks off with a highly anticipated markup in the House Ways and Means Committee beginning at noon today. The markup is expected to go into the late evening hours today […]

The Week in Review A busy week in Washington was highlighted by the release of the House Republicans’ plan to overhaul the nation’s tax code (detailed below), the naming of the next chair of the Federal Reserve, and the indictment of President Trump’s former campaign chair as part of Robert Mueller’s investigation into Russia’s interference […]

Washington is still rifling through the details of the tax package released by House Republicans yesterday, with House Ways and Means Chair Kevin Brady (R-TX) aiming to start a markup for the bill on Monday. The bill — which is detailed in full in the attached TRP note — was warmly received by most Republicans […]

Our Take Short Termism.   A term usually associated with concerns about the perspective of corporate executives willing to sacrifice long term growths for short term gains.   Whether the capital markets suffer from excessive short termism is open for debate.  However, it appears that this phenomenon is not confined to the business world, and it may […]

The Week in Review A whirlwind week in Washington saw Congress take a significant step towards tax reform, the President declare a public health emergency for the opioid epidemic, and a staunch conservative senator announce that he will not seek re-election due to irreconcilable differences with President Trump and the Republican Party.