Throughout the first six months of 2025, proponents of tax-exempt bond financing feared that Congress might eliminate the exemption of interest on such bonds from federal income taxation in its search for spending reductions...more
The new administration and Congress are working towards an extension of the 2017 Tax Cuts and Jobs Act (TCJA), the bulk of which expires at the end of 2025. In late February, the House passed a spending bill (H. Con. Res....more
3/26/2025
/ Federal Budget ,
Financial Markets ,
Income Taxes ,
Interest Rates ,
Investors ,
Legislative Agendas ,
New Legislation ,
State and Local Government ,
Tax Cuts and Jobs Act ,
Tax Exemptions ,
Tax Reform ,
U.S. House
Welcome to our first issue of Promissory Notes - our banking and finance e-newsletter - for 2025. We developed this e-newsletter to address trending news and issues involving the banking industry. ...more
3/26/2025
/ Artificial Intelligence ,
Banking Sector ,
Banks ,
Data Management ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
Investment ,
Lenders ,
New Legislation ,
Promissory Notes ,
Risk Management ,
State Legislatures ,
Technology