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 29, 2014:
At 10:00 a.m., following any leader remarks, the Senate will be in a period of morning business until 12:00 noon, with senators permitted to speak therein for up to 10 minutes each, with the Republicans controlling the first half and the Majority controlling the final half.
At 12:00 noon, the Senate will consider the nomination of Robert Alan McDonald to be Secretary for Veterans Affairs.