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Business David Koch

  • WASHINGTON— House Speaker Paul Ryan insisted on Thursday that Congress will overhaul the U.S. tax system this year despite the chaos consuming Washington and the political divisions in Congress. "I feel very confident we can meet this goal," Ryan, R- Wis., told reporters. "We no longer live in a world where the U.S. can set a corporate tax rate without considering what our...

  • NEW YORK— The Koch Brothers' political network is preparing to spend millions of dollars to ensure their vision for tax reform isn't lost in the increasing chaos consuming President Donald Trump's administration. The network's leading organizations, Americans for Prosperity and Freedom Partners, on Thursday released a set of general preferences for major...

  • The building in Washington, D.C. that houses the Export-Import Bank.

    President Donald Trump plans to revive the hobbled Export-Import Bank of the United States, his office said.

  • WASHINGTON, April 12- President Donald Trump plans to revive the hobbled Export-Import Bank of the United States, his office said, a victory for American manufacturers like Boeing Co and General Electric Co which have overseas customers that use the agency's government-backed loans to purchase their products. Trump's picks must gain approval from the...

  • The report predicted economic harm to Georgia, Kentucky, Louisiana, Michigan, South Carolina, Tennessee and Texas- all states Trump won in the 2016 presidential election. The list of hard-hit states also includes California, New Jersey and Illinois, which were carried by Democrat Hillary Clinton. The study was sharply criticized by House Ways and Means...

  • San Francisco's Painted Ladies

    Seven Republican states carried by President Donald Trump would be among the hardest hit if a Republican-backed border adjustment tax became law.

  • WASHINGTON, April 6- Seven U.S. The report predicts harm to Georgia, Kentucky, Louisiana, Michigan, South Carolina, Tennessee and Texas-- all states Trump won in the 2016 presidential election. The list of hard-hit states also includes California, New Jersey and Illinois, carried by Democrat Hillary Clinton.

  • WASHINGTON, March 21- Republicans considering whether or not to back U.S. As Trump and leaders in the House round up support for the bill ahead of a planned Thursday vote, some groups are threatening to retaliate against those who do support it, including the Club for Growth, the Heritage Foundation's political arm, and Americans for Prosperity, which is part of the...

  • WASHINGTON, March 21- Republicans considering whether or not to back U.S. As Trump and leaders in the House round up support for the bill ahead of a planned Thursday vote, some groups are threatening to retaliate against those who do support it, including the Club for Growth, the Heritage Foundation's political arm, and Americans for Prosperity, which is part of the...

  • Scott Pruitt testifies during his confirmation hearing before the Senate Committee on Environment and Public Works on Capitol Hill, January 18, 2017 in Washington.

    New reports show Scott Pruitt, now the EPA administrator, had close ties with oil and gas producers to reduce environmental regulations. NYT reports.

  • Some of Toyota's 1,500 dealers heeded the call and contacted members of the House of Representatives' tax-writing Ways and Means Committee, urging them to rethink their proposal, according to people familiar with the effort. The Japanese automaker's mobilization of its army of dealers underscores the growing alarm among some of the world's largest...

  • HOUSTON/ NEW YORK, Jan 27- As with many industries now fretting over the uncertain future of U.S. trade policy, the oil business is sizing up the potential impact of the various protectionist measures being bandied about Washington- which have sent crude markets into a tizzy. That would spark a rise in fuel costs across the country that would hurt East and West Coast...

  • WASHINGTON, Jan 24- A leading Republican lawmaker warned on Tuesday that Congress will not be able to lower the U.S. corporate tax rate to the 15 to 20 percent range sought by President Donald Trump unless a controversial "border adjustment" proposal remains part of tax reform. Escalating the war of words over a measure opposed by retailers, oil refiners and...

  • gas prices crude oil

    Analysts said the specter of higher gasoline prices could prove embarrassing for Trump.

  • WASHINGTON, Dec 16- A Koch Industries- funded report warned on Friday U.S. gasoline prices would rise if Congress passed a Republican proposal to adjust U.S. corporate tax rates to favor exports over imports, escalating a lobbying battle over the measure. The report by energy consultant Philip Verleger surfaced a week after the private conglomerate, controlled...

  • WASHINGTON, Dec 15- A sweeping tax reform proposal meant to boost U.S. manufacturing faces mounting pressure from industries that rely heavily on imported goods as President-elect Donald Trump and congressional Republicans work to finalize new tax legislation. Trump and House Republicans have not reached agreement on border adjustability but could iron...

  • WASHINGTON, Dec 15- A sweeping tax reform proposal meant to boost U.S. manufacturing faces mounting pressure from industries that rely heavily on imported goods as President-elect Donald Trump and congressional Republicans work to finalize new tax legislation. Trump and House Republicans have not reached agreement on border adjustability but could iron...

  • WASHINGTON, Dec 15- A sweeping tax reform proposal meant to boost U.S. manufacturing is coming under mounting pressure from industries that rely heavily on imported goods as President-elect Donald Trump and congressional Republicans work to finalize new tax legislation. This week, incoming Trump White House Chief of Staff Reince Priebus expressed support...

  • David and Charles Koch

    Opponents from apparel makers to big retailers unite against a plan to penalize U.S. importers.

  • Stanford University campus

    These schools have produced a striking number of today's billionaires.