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Gary Cohn

Donald Trump tax cut: Huge, vague and likely mild boost for economy

in 2017/Top Headlines by

President Donald Trump‘s team boasted Wednesday that its tax-cut plan would lighten Americans’ financial burdens, ignite economic growth and vastly simplify tax filing. Yet the proposal so far remains short of vital details, including how it would be paid for. And based on the few specifics spelled out so far, most experts suggest that it would add little to growth while swelling the budget deficit and potentially handing large windfalls to wealthier taxpayers. Trump’s plan would replace the current seven…

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Jared Kushner, taking new White House role, faces rare scrutiny

in 2017/Top Headlines by

Jared Kushner has been a power player able to avoid much of the harsh scrutiny that comes with working in the White House. But this week he’s found that even the president’s son-in-law takes his turn in the spotlight. In a matter of days, Kushner, a senior Trump adviser, drew headlines for leaving Washington for a ski vacation while a signature campaign promise fell apart. The White House then confirmed he had volunteered to be interviewed before the Senate intelligence…

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Donald Trump, Month Two: Talks on health care and on tax overhaul

in 2017/Top Headlines by

As President Donald Trump begins his second month in office, his team is trying to move past the crush of controversies that overtook his first month and make progress on health care and tax overhauls long sought by Republicans. Both issues thrust Trump, a real estate executive who has never held elected office, into the unfamiliar world of legislating. The president has thus far relied exclusively on executive powers to muscle through policy priorities and has offered few details about…

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Donald Trump repeating some behaviors he criticized in Clinton

in 2017/Top Headlines by

Donald Trump spent the past two years attacking rival Hillary Clinton as crooked, corrupt, and weak. But some of those attacks seem to have already slipped into the history books. From installing Wall Street executives in his Cabinet to avoiding news conferences, the president-elect is adopting some of the same behavior for which he criticized Clinton during their fiery presidential campaign. Here’s a look at what Trump said then — and what he’s doing now: ___ GOLDMAN SACHS Then: “I…

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