The heads of J.C. Penny, Autozone and Dollar General are among leaders who will meet with administration officials today, as lobbying efforts heat up over tax reform.
The House’s approval of President Trump’s American Health Care Act is obviously just the first stage of what promises to be a compelling, unpredictable and important drama over coming weeks and months.
Peer group Business Roundtable found more than half its members will delay hiring and capital spending plans so long as tax reform remains in limbo.
Oscar Munoz improved markedly on some other recent CEO performances in front of lawmakers.
Donald Trump said he won't immediately pull out of the pact with Canada and Mexico, though re-negotiations could get rocky.
European and Asian stocks markets fell this morning as investors await more details of the president's tax plans, and how they will be funded.
The president appears to have stuck to his hard bargaining approach despite his healthcare setbacks.
While President Trump has highlighted his intentions to help boost American manufacturing by rolling back regulations by up to 75%, there have been few details on what regulations might be targeted.
Investors are getting nervous about the president's ability to find consensus on his tax plans, jeopardizing a key driver of higher CEO confidence levels.
More than half of business leaders don't expect to enjoy tax cuts until next year, while around a fifth aren't sure when it they'll occur.