Two global banks and more than a dozen hedge funds misused a complex financial structure to claim billions of dollars in unjustified tax savings and to avoid leverage limits that protect the financial system from risky debt, an investigation directed by Sen. Levin found.
|Wall Street firms avoided taxes, took on big risks|
|Levin, Stabenow announce grant for three new buses to improve service along Washtenaw Avenue|
|National Scenic Trails Parity Act, S. 2293|
Issues in Focus
Today in the SenateJuly 30, 2014:
At 9:30 a.m., following any Leader remarks, the Senate will resume consideration of S. 2569, the Brings Jobs Home Act. There will be 1 hour for debate equally divided and controlled between the two Leaders or their designees. Upon the use or yielding back of time, the Senate will proceed to vote on the motion to invoke cloture on the Bring Jobs Home Act. If cloture is not invoked, there will be an immediate cloture vote on the motion to proceed to S. 2648, the Emergency Supplemental Appropriations Act.