The US rejected most of a $511 million loan request, dealing a blow to one of Andrew Cuomo just weeks ahead of state elections.» Read More
Gov. Andrew M. Cuomo on Sunday called for “comprehensive reform” of New York’s tax code that would mean higher tax rates for the wealthy and a tax cut for the middle class, according to officials briefed on the plan. The New York Times reports.
One of the most classic American political debates — state versus federal law — is surfacing again in the banking sector, as regulators work to put in place the financial reforms passed a year ago in Washington.