Donald Trump

  • The Senate held a round of marathon votes Friday and ultimately passed the bill overnight. Here are the latest developments, updated throughout the day.

    December 1
    U.S. Capitol flag
  • Outgoing Federal Reserve Chair Janet Yellen said the central bank would welcome and support a faster expansion of the economy stemming from changes in the tax code, provided it was the right kind of growth.

    November 30
    Outgoing Federal Reserve chair Janet Yellen
  • The Senate tax bill is headed for a marathon debate this week after Republican leaders brought the measure to the floor Wednesday with the goal of holding a final vote by the end of the week. Here are the latest developments, updated throughout the day.

    November 30
    Sen. Bob Corker, R-Tenn., surrounded by reporters
  • President Donald Trump is pitching the Republican tax-cut plan as aimed primarily at helping middle-class Americans, but the biggest beneficiaries of cuts in the individual tax rates are in the wealthiest income brackets.

    November 29
    A printout of Congress's tax reform bill, "The Tax Cuts and Jobs Act," alongside a stack of income tax regulations
  • Major companies including Cisco Systems Inc., Pfizer Inc. and Coca-Cola Co. say they’ll turn over most gains from proposed corporate tax cuts to their shareholders, undercutting President Donald Trump’s promise that his plan will create jobs and boost wages for the middle class.

    November 29
    President Donald Trump listens during a meeting with the National Association of Manufacturers in the White House
  • The Senate tax bill is headed for a marathon debate this week as Republican leaders plan to bring the measure to the floor Wednesday and hold a final vote as early as Thursday. Here are the latest developments, updated throughout the day.

    November 29
    The U.S. Capitol building stands before sunrise in Washington, D.C.
  • The outlook for Republicans to deliver a U.S. tax overhaul by the end of the year brightened Tuesday after President Donald Trump addressed GOP Senate holdouts in a closed-door, lunchtime session.

    November 28
    Sen. Ron Johnson, R-Wis.
  • U.S. President Donald Trump plans to meet Tuesday with Senate Republicans in a crucial week for his presidency and his tax plan that could decide whether he ends his first year with a major legislative achievement.

    November 28
    Sen. Bob Corker, R-Tenn.
  • The top two Democratic leaders in Congress pulled out of a meeting with President Donald Trump on Tuesday after he tweeted that a budget deal with them was unlikely, raising the odds that the U.S. government will partially shut down next week.

    November 28
    Donald Trump
  • The Senate tax bill is headed for a marathon debate this week as Republican leaders plan to hold a floor vote as early as Thursday—but first, it has to go through the Budget Committee, where key GOP lawmakers are raising objections. Here are the latest developments, updated throughout the day:

    November 28
    Capitol Hill-flag