Election 2020

The bank joined dozens of other companies in announcing that they would suspend and review their political donations following the Capitol riot.

The pending nominations send a clear signal that the rule-cutting and lax enforcement the industry has grown accustomed to under President Trump are over.

If confirmed by the Senate, the former CFTC chairman would be the new administration’s front-line regulator for Wall Street.

The flood follows a strong Democratic showing in last week’s runoff elections in Georgia, which tipped the Senate’s control to President-elect Biden’s party.

While many condemned the violence, few firms have cut financial support to elected officials who have backed Trump’s baseless claims of election fraud.

It's typically advised to shift income into the future to reduce tax bills for the current year. But experts say that may not be the best approach.

The outcomes of two elections in Georgia that are scheduled for Jan. 5 are expected to determine the balance of power in the Senate and may also have an impact on the kind of tax planning that accountants should be advising their clients to do.

Whether the law changes next year or in 2025, wealthy clients can save by using the generous provisions now.

The former U.S. attorney for the Southern District of New York was also once a top aide to Senate Minority Leader Chuck Schumer.

Tax policy for the next two years, and therefore tax planning strategies, may be determined in Georgia early next year.

A moderate pick with financial sector ties could upset progressives, while the likely GOP majority in the Senate could balk at a nominee seen as too liberal. Here are some of the candidates.

With a new administration, the regulator has an opportunity to renew its focus on a key pillar of its mission.

While Trump’s administration could slow down transition efforts by disputing election results, big U.S. companies are moving on.

If Republicans keep their majority, the incoming administration will likely have to pick moderates over progressives to have any chance of getting its nominees approved.

The president-elect's pledge to repeal President Trump‘s tax cuts as soon as he is inaugurated may be stymied for the foreseeable future.

With a divided government, some proposals are bound to change as part of the give-and-take of the legislative process, writes Skip Schweiss.

Clients should save political beliefs for the polling place and letters to elected representatives; don’t let them cloud your investment decisions, writes financial planner Kimberly Foss.

Big changes to regulations and retirement planning could be in the mix following the Democrat’s election victory.