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'Asleep at the wheel': 'Too-big-to-fail' banks get even bigger and economists are sounding the alarm

The largest financial institutions deemed systemically important are expanding even more during the 2023 banking crisis, leading to greater systemic risks, according to economists who spoke to the Daily Caller News Foundation.
United States Jason Cohen Thomas Hogan Senate Committee On Banking Alliance Bancorporation American Institute For Economic Research
Source: wnd.com

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Labor Market Stays Hot Despite Fed's Best Efforts

The U.S. added 253,000 jobs in April, significantly more than economists expected, as the unemployment rate ticked slightly down to 3.4%, according to Bureau of Labor Statistics (BLS) data released Friday, despite the Federal Reserve’s attempts to cool the labor market to bring down inflation. Economists had anticipated the country would add 180,000 jobs compared […]
Jerome Powell Bureau Of Economic Analysis Daily Caller News Foundation Federal Reserve Market Committee Heritage Foundation Center

Why Tax Reform Should Eliminate State and Local Tax Deductions

Under federal tax law, individuals may deduct the income and property taxes that they pay to their state and local governments, as well as any interest they receive from owning state or local bonds, from their total income when filing their federal taxes. In recent years, individuals have been allowed to choose between deducting their income tax or sales taxes.
State Of California United States New York Puerto Rico New Jersey Kevind Dayaratna

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