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Bannon Supports House's Carried Interest Tax Plan

Bannon Supports House's Carried Interest Tax Plan

House Republicans' proposal to make it harder for investment managers to benefit from the carried-interest tax break has gained the support for former White House political strategist Steve Bannon.
One Tax Loophole Untouched So Far: The Trump Golf-Course Break

One Tax Loophole Untouched So Far: The Trump Golf-Course Break

Republican lawmakers pushing to close dozens of tax loopholes have left open one that’s been good to President Donald Trump: the golf break.
Bannon Backs Limit to Carried Interest in House Tax Bill

Bannon Backs Limit to Carried Interest in House Tax Bill

Former White House political strategist Steve Bannon backs a House Republican proposal to preserve the carried-interest tax break for investment managers but add limits on its use, he said in a
Macron Says Tweeting Is ‘Not Compatible’ With Being President

Macron Says Tweeting Is ‘Not Compatible’ With Being President

Tweeting isn’t presidential, says France’s Emmanuel Macron.

Rand Paul’s Neighbor Pleads Not Guilty to Assaulting Lawmaker

A longtime neighbor accused of assaulting U.S. Sen. Rand Paul and breaking six of his ribs pleaded not guilty to assault in court in Bowling Green, Kentucky.
Ross-Linked Firm Expanded Ties to Russia's Sibur After Sanctions

Ross-Linked Firm Expanded Ties to Russia's Sibur After Sanctions

Navigator Holdings Ltd., the shipping firm part-owned by U.S. Commerce Secretary Wilbur Ross, doubled the number of contracts it had with Sibur Holding PJSC just months after the U.S. imposed
Saudis Urge Citizens to Leave Lebanon as Iran Tension Rises

Saudis Urge Citizens to Leave Lebanon as Iran Tension Rises

Saudi Arabia advised its nationals to leave Lebanon, further fueling fears of a heated confrontation with Iran in a country long known for being a battleground for proxy wars in the Middle East.
Ryan Backs Off Claim That ‘Everybody’ Would Get a Tax Cut in the GOP Plan

Ryan Backs Off Claim That ‘Everybody’ Would Get a Tax Cut in the GOP Plan

House Speaker Paul Ryan backed off his promise that everyone would get a tax cut in the GOP’s overhaul plan, as nonpartisan analyses showed that some people would pay more.
Abe Fell in Bunker During Golf Game With Trump, Japanese TV Station Says

Abe Fell in Bunker During Golf Game With Trump, Japanese TV Station Says

Trump apparently never noticed as he walked away, his back to the Japanese prime minister.

Brazilian Congressional Committee Votes to Ban All Abortions

A congressional committee has voted to make abortion illegal without exception in Brazil.
May Promotes Brexit Backer Mordaunt to Replace Patel in Cabinet

May Promotes Brexit Backer Mordaunt to Replace Patel in Cabinet

U.K. Prime Minister Theresa May promoted Brexit supporter Penny Mordaunt to her cabinet on Thursday as she sought to move on from the crises that have hit her government in recent weeks.

West Virginia Gets China Energy Deal That Dwarfs State's GDP

West Virginia was the biggest recipient of the $250 billion of investments signed during President Donald Trump’s visit to China.
Putin: Russian Doping Allegations Could Be U.S. Attempt to Meddle in Election

Putin: Russian Doping Allegations Could Be U.S. Attempt to Meddle in Election

President Vladimir Putin is suggesting that a recent flurry of Russian sports doping allegations could be an American attempt to interfere in next year's Russian presidential election.
Trump and Blankfein Have a ‘Lot of Similarities,’  Cohn Says

Trump and Blankfein Have a ‘Lot of Similarities,’ Cohn Says

Gary Cohn, who was deputy to Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein before becoming President Donald Trump’s top economic adviser, said his two most recent bosses have “a lot
Guptas Target S. Africa Bank Regulator Over Account Closures

Guptas Target S. Africa Bank Regulator Over Account Closures

A group of companies linked to South Africa’s politically connected Gupta family said the country’s banking regulator encouraged lenders to shut their accounts, broadening a battle to retain the last
Immigration Will Dominate Hungary’s 2018 Elections, Orban Says

Immigration Will Dominate Hungary’s 2018 Elections, Orban Says

Hungarian voters will decide in next year’s elections whether they will remain a "free nation" protecting their cultural heritage or join those who are eroding Europe’s traditional values by
Xi and Duterte Are Like ‘Brothers,’ Philippine Trade Secretary Says

Xi and Duterte Are Like ‘Brothers,’ Philippine Trade Secretary Says

The presidents of the Philippines and China are like "brothers," the Philippine trade secretary said Thursday, brushing aside signs that Rodrigo Duterte would take a more confrontational approach when
Trump’s Beijing Trip Ends With Few Gains on Trade, North Korea

Trump’s Beijing Trip Ends With Few Gains on Trade, North Korea

China did everything it could to make Trump feel special, except the two things he actually wanted
Balance of Power: Tough-Talker Trump Settles for China’s Warm Words

Balance of Power: Tough-Talker Trump Settles for China’s Warm Words

For all of Donald Trump’s tough China campaign talk, the U.S. president is leaving his first visit to Beijing with little to show for it but handshakes and warm words with Xi Jinping.
Russia and Finland Set Up Emergency Hotline

Russia and Finland Set Up Emergency Hotline

Russia and Finland want to keep in touch, no matter what happens -- and especially then.