Two leading Republican senators are reportedly asking the Trump admin to pass a USD 200bln tax cut without congressional approval, Washington Post reports citing a draft; GOP seeks improving its economic approval rating ahead of the mid-term elections
Importance
Level 1
- Two senators incl. Ted Cruz and Tim Scott.
- Aims to reduce some of the taxes paid on capital gains.
#UNITED STATES#USD#EUR#JAPAN#JPY#UNITED KINGDOM#GBP#ASIA#EUROPE#REPUBLICAN#FOREX#EQUITIES#ENERGY#METALS#EU SESSION#WTI#COMMODITIES#GOLD#METALS & MINING#DXY#TRUMP#GLOBAL NEWS