A tax plan from House Ways and Means Committee Chairman Dave Camp would further limit the mortgage- interest break and end the deduction for state and local taxes, according to a nonpartisan congressional summary.
The location of the National Credit Union Administration suits its place in the hierarchy of U.S. financial regulators. Unlike its better-known peers, which are all clustered near the Capitol or the White House, the agency is a 20-minute drive from downtown Washington in good traffic.
U.S. Congressman Patrick McHenry, a Republican from North Carolina, plans to propose legislation to make municipal-bond issuers subject to financial-disclosure regulations set by the Securities and Exchange Commission, the Wall Street Journal reported, citing the lawmaker.
I went to Room 2247 of the Rayburn House Office Building on May 24 expecting aggressive Republican questioning of Elizabeth Warren , the Harvard Law professor now at work establishing the Consumer Financial Protection Bureau. I didn’t expect an attempted mugging.