Bloomberg Politics: news on page 705

Britons Can Still Reverse Brexit, Article 50 Architect Says

Britons Can Still Reverse Brexit, Article 50 Architect Says

Brexit is reversible and Britons should be given the right to change their minds, the man who helped write the rule book on leaving the European Union said.

Brexit Will Come to Britain One Hour Early

The U.K. is moving to set in law the date that it will quit the European Union, in a move that will delight Euroskeptics in Theresa May’s ruling Conservative party.
The Points of Contention Between Senate, House Tax Bills

The Points of Contention Between Senate, House Tax Bills

Bloomberg's Sahil Kapur takes a look at the points of contention between the Senate and House tax overhaul proposals. He speaks with Bloomberg's Julia Chatterley, Joe Weisenthal and Scarlet Fu on
U.S. Judge Says Dreamer Suits Can Be Reviewed by Courts

U.S. Judge Says Dreamer Suits Can Be Reviewed by Courts

A federal judge in Brooklyn, New York, said courts can review the U.S. Justice Department’s decision to rescind the so-called Dreamer program for children of undocumented immigrants.
Davis to the City: Fate of Banks Is U.K.'s Top Brexit Priority

Davis to the City: Fate of Banks Is U.K.'s Top Brexit Priority

The U.K. is determined to protect London’s financial district by striking a Brexit deal that works for global banks, David Davis said, amid signs firms are stepping up plans to move operations to

No Verdict in Menendez Bribery Trial, Judge Dismisses Juror

After jurors in the bribery trial of Senator Robert Menendez ended their fourth day of deliberations without a verdict on Thursday, the judge dismissed one member who had previously arranged a
Senate Clears Way for Ex-Mnuchin Deputy to Lead Bank Regulator

Senate Clears Way for Ex-Mnuchin Deputy to Lead Bank Regulator

Senate Republicans have initiated the process of confirming Joseph Otting, a former deputy to Treasury Secretary Steven Mnuchin at OneWest Bank, to lead one of Wall Street’s top regulators.
U.S. Walks Back Trump Tweets in Hearing Over Military Trans Ban

U.S. Walks Back Trump Tweets in Hearing Over Military Trans Ban

A federal judge challenged the government’s claim that President Donald Trump’s promised ban on transgender soldiers was still up in the air and that lawsuits challenging the policy are premature.
Senate, House Have Different Plans for Estate Tax

Senate, House Have Different Plans for Estate Tax

Barry Ritholtz, Ritholtz Wealth Management CIO and a Bloomberg View columnist, and Bloomberg's Mike McKee discuss the debate over the estate tax with Bloomberg's Scarlet Fu and Julia Chatterley on
The Oil Market Is Turning Against Narendra Modi

The Oil Market Is Turning Against Narendra Modi

Narendra Modi’s first term as leader of the world’s fastest-growing oil market coincided with the biggest price crash in a generation. Crude’s rebound into a bull market is set to test the Indian
Southeast Asia Seeks Reassurances From Trump

Southeast Asia Seeks Reassurances From Trump

Donald Trump is more popular in Southeast Asia than almost anywhere else.
Malaysia's Giving Working Moms a Better Maternity Deal Than U.S.

Malaysia's Giving Working Moms a Better Maternity Deal Than U.S.

Malaysian Prime Minister Najib Razak laid out his economic plans for next year in what he called the “mother of all budgets.” It could’ve easily been described as a budget for all mothers as well.
Congress Poised to Restore Drone Registration Tossed by Court

Congress Poised to Restore Drone Registration Tossed by Court

The government’s registration system for owners of civilian drones would be restored in a defense policy bill agreed to by House and Senate negotiators.
Everything You Need to Know About the Senate GOP Tax Plan

Everything You Need to Know About the Senate GOP Tax Plan

Senate Republicans released their vision for a tax-cut plan Thursday that would cut the corporate tax rate to 20 percent, with a one-year delay to 2019, as Congress moves quickly to fulfill one of the
Mulvaney Says Administration Wouldn’t Oppose Corporate Tax Cut Delay

Mulvaney Says Administration Wouldn’t Oppose Corporate Tax Cut Delay

White House Budget Director Mick Mulvaney said the Trump administration wouldn’t oppose delaying a cut in corporate tax rates until 2019.
Tax Foundation President Sees Tax Reform by End of Year

Tax Foundation President Sees Tax Reform by End of Year

Tax Foundation President Scott Hodge discusses the prospects for U.S. tax reform with Bloomberg's Shery Ahn and David Gura on "Bloomberg Markets: Balance of Power." (Source: Bloomberg)
OMB's Mulvaney 'Cautiously Optimistic' About Tax Reform

OMB's Mulvaney 'Cautiously Optimistic' About Tax Reform

Mick Mulvaney, director of the U.S. Office of Management and Budget, discusses the prospects for U.S. tax reform with Bloomberg's David Gura on "Bloomberg Markets." (Source: Bloomberg)
Moore Defiant Amid Calls From Republican Leaders to Step Aside

Moore Defiant Amid Calls From Republican Leaders to Step Aside

Senate candidate Roy Moore and some of his fellow Alabama Republicans remained defiant as a poll showed his support slipping and national party leaders distanced themselves from the former state judge