Free Republic

Donald Trump has told lawmakers he wants to end the special tax treatment of private equity and hedge fund profits known as “carried interest”, setting up a potential clash with America’s wealthiest financiers. The push by Trump — in a White House meeting on Thursday with Republican leaders from Capitol Hill — comes as the president intensifies talks over a broader tax cut bill he wants passed this year that is core to his domestic economic agenda. Karoline Leavitt, the White House press secretary, told reporters that Trump had “laid out” his “tax priorities” to the lawmakers, including measures to...

George Soros, the world's richest hedge fund billionaire, has no shortage of opinions when it comes to both politics and the global economy. Famed for making a billion dollars by "breaking" the Bank of England in 1992, Soros is in a semi-retirement, but his prognostications still move markets. And he remains a top contributor on the U.S. political scene, where he supports liberal candidates and causes. On Thursday evening at the World Economic Forum in Davos, Soros used a 45-minute interview with Bloomberg TV's Francine Lacqua to create an explosion of headlines on both the political and economic front. "Donald...