Though it was mostly overlooked amid the Senate's crucial procedural vote on tax reform, the House Judiciary Committee late yesterday voted 19-11 in favor of a highly controversial bill, dubbed the Concealed Carry Reciprocity Act of 2017, which would amend the federal criminal code to allow the concealed transport of handguns across state lines, so long as both states allow it.
At the start of the year, one of the often repeated risk factors was that a trade war between China and the US could break out due to Trump's hardline stance on the US trade deficit with Beijing. Since then, such fears have largely faded as the status quo re-established itself, and trade between the two nations has proceeded largely unchanged. However, one year later, dark clouds may finally be gathering.
Following the backing of Sen. John McCain on the GOP tax reform bill, markets have surged to new all time highs as tax-sensitive banks lead the way, with Bloomberg reporting that odds for the tax bill's passage may increase to "near-certainty" if the Senate can finish its version in the days ahead, citing Evercore ISI. And speaking of banks, the KBW bank index is up over 1.3% to the highest since Oct. 2007, outpacing the S&P 500’s 0.7 percent gain.
Rumors have circulated for months that Rex Tillerson's time at the helm of the State Department might soon be coming to the end. Tensions between the two men - who could forget "morongate"? - have apparently worsened since the spring, when reports first emerged that Tillerson and Trump had different views on important foreign policy issues like the Iran deal and North Korea.
Content originally published at iBankCoin.com
A lawyer for former DNC IT staffer Imran Awan is scrambling to block evidence found on a hidden laptop which may contain proof of a massive spy ring operating at the highest levels of Congress, in what may be the largest breach of National Security in U.S. history.