Election 2008
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Obama Searches for New SEC Chairman
President-elect Barack Obama is looking for a new chairman of the Securities and Exchange Commission to replace departing chair Christopher Cox.
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Obama Pledges Assistance, Calls Stimulus Plan 1st Priority
President-elect Barack Obama yesterday pledged his support for state and local government assistance and said passage of an economic stimulus package would be his first priority if the current Congress doesn't act.
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Presidents and their Economic Legacies
Use this interactive tool to see how the economy fared during the last 10 presidencies.
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Big Policy Choices Face New President
The fight for the presidency is over, but the battle over the future of financial services has just begun.
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23 States to Have Tax-Related Ballot Measures
Tax-related measures will be on the ballots of at least 23 states on Tuesday, and they could have far-reaching ramifications.
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Presidential Election '08: Some HSA Perspectives
Executives who have a business stake in health savings accounts say the outcome of the election could play a significant role in the outlook for their niche.
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Analysis: Obama Policies Could Boost Munis
The municipal bond market and state and local governments could benefit more from the election of Democratic Sen. Barack Obama as president than his Republican opponent.
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Long Term Care Defining Issue for Boomers in Election
Ninety-three percent of boomers earning $35,000 to $50,000 per year say it will affect their vote, compared to only 78% of those earning $75,000 or more per year.
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McCain, Obama Propose Measures for Economic Crisis
Presidential candidate Sen. John McCain, R-Ariz., and his rival Sen. Barack Obama, D-Ill., have proposed differing tax and retirement plan measures to deal with the economic downturn.
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Americans Hang Retirement Hopes on Next Administration
The global financial crisis has eroded Americans' confidence in their ability to retire comfortably and they are now looking to the next occupant of the White House for help.
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Canadians Seek to Delay Withdrawals from Retirement Accounts
Support is growing among Canadian investment experts for new rules that would allow Canadian retirees to postpone withdrawals from their registered retirement income funds (RRIFs).
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Reps Present Differing Views of Candidates' Tax Plans
Representatives of the McCain and Obama camps sparred politely at a Presidential Tax Forum sponsored by the New York State Society of CPAs.
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The McCain Tax Plan
A look at the tax plan offered by GOP candidate John McCain.
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How the Presidential Candidates Differ on Retirement Income
With the country preoccupied by two wars abroad and a real estate crisis at home, the topics of Social Security and retirement income have gone relatively unmentioned on the presidential campaign trail over the past summer.
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Sizing Up the Candidates on Major Money Issues
If you let your wallet do your voting—and who doesn't?—you have a month to decide which candidate will hurt you the least.
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Taxing Times
No matter what your political affiliation, the new presidency will likely bring with it higher taxes.
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Web Site Computes Taxes Under Obama, McCain
A new Web site uses a financial modeling program to calculate a user's taxes under either of the major presidential candidates.
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Both Candidates' Plans Would Reduce Tax Liabilities
A study of both presidential candidates' tax plans finds that they will both reduce millions of taxpayers' liability to zero.
- McCain, Obama Scramble to Shift Economic Message
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The Obama Tax Plan
A look at the tax plan offered by Democratic nominee Barack Obama.
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Rivals Appear in Harmony on Regulation
The two major presidential candidates renewed calls Monday for a regulatory restructuring, and the Senate Banking Committee postponed a hearing with regulators on the government's takeover of the government-sponsored enterprises.
- Economic Crisis Suddenly Dominates Presidential Campaign
- Obama, McCain Blame Policies, Greed for Wall Street Troubles
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MSRB Warns vs. G-37 Violations As Presidential Race Heats Up
The MSRB issued a reminder to broker-dealers yesterday about the application of its Rule G-37 on political contributions to the federal election campaigns of issuer officials.
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With Seizure, an Election Issue Comes to the Fore
The presidential contest has always carried large implications for the financial services industry, but Sunday's government takeover of Fannie Mae and Freddie Mac makes the race even more crucial.
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Republicans Pass Platform with Tax Planks
The Republican Party approved its 2008 platform containing several planks related to tax cuts and tax policy.
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Republicans Make Case: McCain as Market Ally
Sen. John McCain is the better choice for the banking industry not for what he would do as president, but rather for what he would refrain from doing, say GOP lawmakers.
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AML: Peeping on Politicos? Thanks A Lot Spitzer
Recent scandals have the industry wondering if all politicians' finances will soon be under closer, ongoing scrutiny for bribes and payoffs.
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A Denver Trip, Dancing with the Dems
The story of the Democratic National Convention for the financial services industry representatives there was to represent the industry and build relationships with lawmakers.
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Dems Make Their Case: Obama Will Help Banks
Lawmakers gathered here for the Democratic National Convention claim electing Sen. Barack Obama president would produce smarter, more sensible financial services policies that would quiet and strengthen a troubled market.
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Obama's New First: Industry Dollar Lead
Though Sen. Barack Obama has sharply criticized commercial bankers for their role in the housing crisis, political donations originating from the industry favor him over his rival for the presidency.
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Obama Nears VP Pick Rife with Industry Implications
Sen. Barack Obama's selection of a running mate, expected to be announced this week, could have a twist for the future of financial services policy.
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U.S. Tax Reformers Need to Think Globally
The country's next chief executive will need to look not only at tax reform, but international tax reform early in their administration.
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Execs, Regulators Discuss Economic Plans with Obama
The Democratic presidential candidate met with Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke, a day after meeting a panel of economic experts.
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Advisers Urging Investors to Short-Circuit Increase in Capital Gains
If elected, Democratic presidential candidate Barack Obama plans to increase the capital gains tax between five and 10 percentage points, from its current rate of 15%.
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Obama Proposes Small Business Health Insurance Tax Credit
Sen. Barack Obama has proposed a tax credit for small businesses that offer health insurance to their employees.
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Obama Expands Bankruptcy Plan
Sen. Barack Obama broadened his calls for a loosening of standards to free consumers from debt under bankruptcy protection.
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At 2008 Political Conventions, Industry Eyes Low (or No) Profile
For financial services lobbyists the presidential nominating conventions are like the championship of their sport, but this year is already shaping up as an exception to that rule.
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No Matter Who Makes it to the White House, Capital Gains Tax Bound to Rise
As the tax debate begins between Senator Barack Obama and Senator John McCain, many investors and tax advisors say capital gains taxes will increase no matter what the outcome is this coming November.
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Obama: Uncle Sam Chips In for Retirement?
Approximately 78 million working Americans are currently working jobs that do not provide them with a retirement plan; however, Barack Obama is looking to change this predicament.
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Obama and Regulation, an Insider's Perspective
Bankers should have no illusion about the direction Sen. Barack Obama would take financial services policy if he were elected president.
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McCain and Regulation, An Insider's Perspective
As the presumptive Republican nominee, Sen. John McCain's financial services agenda has hardly been front-and-center on the presidential campaign trail.
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McCain Unveils New Housing Plan
Republican presidential nominee John McCain is expected this afternoon to offer a new plan designed to help stem foreclosures.
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Treasury Proposal Would Combine Federal Bank, Thrift, Credit Union Charters
Restructuring blueprint calls for short, medium, long term steps to modernize financial regulation.
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The Primaries' Lessons
Facing the business development marathon like the candidates and finding new opportunities.
