The complete list of witnesses who testified included,
The Honorable Josh Stein, Attorney General, State of North Carolina;
Ms. Lisa Stifler, Director of State Policy, Center for Responsible Lending;
Dr. Frederick D. Haynes, III, Senior Pastor, Friendship-West Baptist Church, Dallas, Texas;
Mr. Brian Brooks, Former Acting Comptroller of the Currency; and
Dr. Charles Calomiris, Henry Kaufman Professor of Financial Institutions, Columbia Business School.
Dr. Haynes testimony opposed the Office of the Comptroller of the Currency s plan to enable predatory lenders to ignore state interest rate caps by paying a bank willing to masquerade as the true lender and appealed to the committee to pass a cap of 36%.
10 Friday AM Reads
My end of week morning
train WFH reads:
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The Corporate Tax Burden: Facts and Fiction To understand how taxes affect markets, begin by laying out the pathways through which corporate taxes affect company value, and then look at how the 2017 tax reform act, which lowered the federal tax rate from 35% to 21%, has affected corporate behavior. (Damodaran Musings on Market)
see also
Joe Biden Declares War on Tax Havens – in Europe, Too U.S. President Joe Biden is calling for a minimum corporate tax rate of 21 percent for companies. But countries like Ireland and Luxembourg have established a lucrative revenue stream through big breaks for multinationals. A number of EU countries could soon feel the pinch. (Spiegel)
Us: Us Strategic Competition Bill Approves Us Senate Committee With Strong Support - अमेरिका: चीन सामरिक प्रतिस्पर्धा बिल को जोरदार समर्थन के साथ अमेरिकी सीनेट समिति से मिली मंजूरी amarujala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from amarujala.com Daily Mail and Mail on Sunday newspapers.
Govt: Republic’s Negotiating Team Ready for Istanbul Talks
The Afghan government on Tuesday said that the list of delegates to represent the republic in Istanbul has been finalized.
A high-level Afghan government official who spoke on condition of anonymity told TOLOnews that there is the possibility that a 15- or 17-member team will represent the Islamic Republic of Afghanistan at the conference scheduled for April 24.
Meanwhile, the High Council of National Reconciliation (HCNR) also confirmed the finalization of the republic s negotiating team.
However, the Taliban has insisted that the US first needs to implement the Doha agreement before the start of the Istanbul conference, meaning that the US needs to honor its agreement signed under the Trump administration to withdraw all US troops from Afghanistan by May 1.
China close to any plausible nuclear strategy , says USSTRATCOM chief janes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from janes.com Daily Mail and Mail on Sunday newspapers.