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Treasury Issues Regulations on New Pass-Through Business Income Deduction
The Internal Revenue Service (IRS) and the Department of the Treasury on August 8 released guidance on the new pass-through deduction enacted in last year's tax overhaul bill.Full story: Treasury Issues Regulations on New Pass-Through Business Income Deduction -
Fed Poised to Raise Interest Rates Amid Growing Concerns About Escalating Trade Disputes
Federal Reserve policymakers this week signaled they are likely to raise interest rates next month, after releasing minutes of their most recent Federal Open Market Committee (FOMC) meeting showing growing concerns over the economic repercussions from escalating trade disputes.Full story: Fed Poised to Raise Interest Rates Amid Growing Concerns About Escalating Trade Disputes -
Hospitality CEOs Meet With President Trump to Advocate Reauthorization of Brand USA Program; Visa Application Process Improvements
The vital contributions to the U.S. economy and job creation by the travel and tourism industry were the focus of a meeting Tuesday between President Trump and CEOs of 13 hospitality companies, including four members of The Real Estate Roundtable.Full story: Hospitality CEOs Meet With President Trump to Advocate Reauthorization of Brand USA Program; Visa Application Process Improvements -
Roundtable Calls for Congress to Pass Cyber Security Bill, Increase Digital Competitiveness
The bipartisan Cyber Diplomacy Act (H.R. 3776) will advance America’s public and private efforts to safeguard cyberspace and enhance the nation’s economic competitiveness in a global digital economy. That is the message sent by The Roundtable, U.S. Chamber of Commerce and five other national trade organizations in a joint letter last week to Senate Majority Leader Mitch McConnell (R-KY), Minority Leader Chuck Schumer (D-NY) and all other U.S. Senators.Full story: Roundtable Calls for Congress to Pass Cyber Security Bill, Increase Digital Competitiveness -
Policymakers, Roundtable Members Focus on Economy, Elections, And Monetary Policy
This week’s Real Estate Roundtable Fall Meeting featured discussions with U.S. policymakers regarding national public policies affecting the commercial real estate industry, job creation and the economy.Full story: Policymakers, Roundtable Members Focus on Economy, Elections, And Monetary Policy -
House Passes “Tax Reform 2.0” Legislation; President Trump Signs Government Funding Bill
The House today passed “Tax Reform 2.0” legislation (H.R. 6760) that would make permanent the 2017 tax cuts for individuals and certain pass-through businesses – currently set to expire at the end of 2025.Full story: House Passes “Tax Reform 2.0” Legislation; President Trump Signs Government Funding Bill -
FBI Briefs Roundtable’s HSTF on Commercial Sector Holiday Security; Real Estate Information Sharing and Analysis Center Featured in Homeland Security Today; FINCEN Expands Metro Areas Subject to Real Estate Purchase Review
A day-long briefing this week by senior officials of the Federal Bureau of Investigation (FBI) to The Roundtable’s Homeland Security Task Force (HSTF) and the National Retail Federation focused on maintaining vigilance in the commercial sector during the holiday season; counterterrorism trends; criminal gang trends; organized retail crime; terrorism financing and an analysis of recent active shooter and workplace violence incidents.Full story: FBI Briefs Roundtable’s HSTF on Commercial Sector Holiday Security; Real Estate Information Sharing and Analysis Center Featured in Homeland Security Today; FINCEN Expands Metro Areas Subject to Real Estate Purchase Review -
Midterm Elections Produce Divided Congress; Lame Duck Session Faces Government Funding Deadline
Lawmakers return to Washington next week for a Lame Duck session after midterm elections that secured Democratic control of the House in January. Policymakers will immediately face a Dec. 7 deadline to fund parts of the government that may collide with President Trump’s goal to fund a border wall on the Mexican border – a possible impasse that could threaten a partial government shutdown.Full story: Midterm Elections Produce Divided Congress; Lame Duck Session Faces Government Funding Deadline -
Commercial Real Estate Industry Leaders See Positive Market Fundamentals for Remainder of 2018
Commercial real estate executives continue to see strong and balanced market conditions for the remainder of 2018 and moving forward into the new year, according to The Real Estate Roundtable’s Q4 2018 Economic Sentiment Index released today.Full story: Commercial Real Estate Industry Leaders See Positive Market Fundamentals for Remainder of 2018 -
Commercial Real Estate Industry Pioneer Marshall Bennett
The commercial real estate industry mourns the recent passing of real estate industry icon Marshall Bennett. He was 97.Full story: Commercial Real Estate Industry Pioneer Marshall Bennett -
House Ways and Means Chairman Kevin Brady (R-TX) Releases Tax Bill Addressing “Extenders” and Technical Corrections
House GOP leaders yesterday delayed a vote on a $54 billion dollar tax bill released Monday (H.R. 88) by House Ways and Means Chairman Kevin Brady (R-TX) that includes tax "extenders" and technical corrections of importance to commercial real estate.Full story: House Ways and Means Chairman Kevin Brady (R-TX) Releases Tax Bill Addressing “Extenders” and Technical Corrections -
Lawmakers May Address Tax “Extenders” and Technical Corrections in Lame Duck Session; Sen. Charles Grassley (R-IA) to Succeed Sen. Orrin Hatch (R-UT) as Chair of Finance Committee
Congress returned to Washington this week to prepare their lame duck session agenda, which is expected to address a federal government spending bill and possible tax legislation.Full story: Lawmakers May Address Tax “Extenders” and Technical Corrections in Lame Duck Session; Sen. Charles Grassley (R-IA) to Succeed Sen. Orrin Hatch (R-UT) as Chair of Finance Committee -
Congress Returns for Lame Duck Session; Government Funding Deadline Threatens Partial Shutdown
Lawmakers returned to Washington this week for their post-election “lame duck” session, facing a Dec. 7 government funding deadline that threatens a partial government shutdown.Full story: Congress Returns for Lame Duck Session; Government Funding Deadline Threatens Partial Shutdown -
Trump 2016 Campaign Advisor: Foreign Tourism Supports U.S. Economic Growth, Job Creation and Reduces Trade Deficit
A Dec. 4 report by Heritage Foundation Economist Stephen Moore finds that "promoting and facilitating foreign tourism to the United States can be an effective way to increase American jobs and national output while reducing the nation's trade deficit."Full story: Trump 2016 Campaign Advisor: Foreign Tourism Supports U.S. Economic Growth, Job Creation and Reduces Trade Deficit -
Roundtable’s Trump Signs Measure Funding Government Until Dec. 21; Border Wall Issue Threatens Partial Government Shutdown Issues
President Trump today signed a spending measure to fund the government until Dec. 21, buying time for policymakers to negotiate over the key issue of funding a border wall on the Mexican border.Full story: Roundtable’s Trump Signs Measure Funding Government Until Dec. 21; Border Wall Issue Threatens Partial Government Shutdown Issues -
Border Wall Disagreement Looms Over Possible Government Shutdown; House Republicans Face Uphill Effort to Add Tax Provisions to Year-End Funding Bill
The federal government will partially shutdown unless Washington policymakers can pass a year-end funding bill by Dec. 21. Negotiations over a spending measure have deadlocked over President Trump's request of at least $5 billion for construction of a wall on the Mexican border versus Democrats' offer of approximately $1.3 billion for border security.Full story: Border Wall Disagreement Looms Over Possible Government Shutdown; House Republicans Face Uphill Effort to Add Tax Provisions to Year-End Funding Bill -
Washington Prepares for Partial Federal Government Shutdown
The federal government will partially shutdown unless Washington policymakers can pass a year-end funding bill by midnight tonight. Negotiations over a spending measure have deadlocked over President Trump's request of at least $5 billion for construction of a wall on the Mexican border.Full story: Washington Prepares for Partial Federal Government Shutdown -
116th Congress Sworn In; House Elects Nancy Pelosi (D-CA) Speaker As Partial Government Shutdown Continues
A partial federal government shutdown over the issue of funding for a wall on the Mexican border continued this week after the new 116th Congress was sworn in and Democrats elected Rep. Nancy Pelosi (D-CA) as House Speaker.Full story: 116th Congress Sworn In; House Elects Nancy Pelosi (D-CA) Speaker As Partial Government Shutdown Continues -
White House Doubles Estimate of Shutdown’s Economic Impact
Nearly a month into the partial government shutdown, the impasse over funding of a border wall on the Mexican border continues with no sign that an agreement between President Trump and Congress is near.Full story: White House Doubles Estimate of Shutdown’s Economic Impact -
House Speaker Nancy Pelosi Addresses National Policy Issues; Roundtable Introduces 2019 Policy Agenda
Speaker of the House of Representatives Nancy Pelosi (D-CA) and Sen. Tim Scott (R-SC) were among the guests who addressed national policy issues during The Real Estate Roundtable’s 2019 State of the Industry (SOI) meeting this week in Washington.Full story: House Speaker Nancy Pelosi Addresses National Policy Issues; Roundtable Introduces 2019 Policy Agenda