"Suspense Mounts" - Timing Of Tax-Reform Votes In Limbo As More Senators Get Cold Feet
With Bloomberg writing this morning that "Mystery, Suspense Mount" two days after President Donald Trump told the American public that Congress was “just days away” on tax reform, two more senators - including one-time Trump rival - Marco Rubio appear to be getting cold feet - much to the market’s chagrin. Yesterday afternoon, stocks dropped and the VIX jumped above 10 as Rubio and Utah’s Mike Lee said they had reservations about the draft bill being put together by the conference committee.