Politics

Trump: GOP tax reform plan is 'a great bill'

The newly unveiled Republican tax reform plan, the first substantive tax overhaul in nearly 30 years, could be passed much sooner than the GOP’s proposed 2018 deadline, President Donald Trump told FOX Business’ Maria Bartiromo in an exclusive interview.

White House

Trump's Fed leaders may include both John Taylor and Jerome Powell

President Donald Trump may give the Federal Reserve a double dose of top talent by nominating two top contenders, Federal Reserve Governor Jerome Powell and Stanford University economist John Taylor, as candidates for either Fed chairman and vice chairman, but it is still unclear which role either would get, FOX Business has learned.

Obama to campaign for Dems in Virginia, New Jersey

Former President Barack Obama announced Thursday that he would campaign in New Jersey and Virginia on behalf of the Democratic gubernatorial candidates ahead of next month’s election, which many have speculated could turn into a referendum on Donald Trump’s presidency.

John Taylor impresses Trump team for Fed chair

As Federal Reserve Chair Janet Yellen meets with President Donald Trump Thursday to determine if she will remain at the helm of the central bank, Fed candidate and Stanford economist John Taylor is garnering fresh attention as he’s become a preference for conservative lawmakers on Capitol Hill and some White House officials.

Big tax cuts are a pipe dream: David Stockman

Treasury Secretary Steven Mnuchin offered an “absolute guarantee” that President Donald Trump would sign a tax reform bill into law by the end of the year during the Politico Money podcast on Wednesday, but former Reagan Budget Director David Stockman told FOX Business it’s not a reasonable time table.