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Big banks have saved $32 billion from Trump’s tax cuts, report says

The nation's six top banks saved $18 billion in 2019 as a result of the Tax Cuts and Jobs Act, according to an analysis by Bloomberg News.
President Donald Trump and Rep. Kevin Brady

A key GOP lawmaker just reversed on the promise that Trump’s tax cuts will pay for themselves

A key GOP congressman who helped craft the sweeping tax cuts passed in 2017 has conceded that they might not pay for themselves.

Trump’s tax reform is contributing to the housing-market slowdown, New York Fed finds

The Republican tax reform package passed in 2017 appears to be partly behind the slowing housing market.