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Date Archives: December2016

Thursday / Dec 22, 2016 /

Trump! Impact on insurance

AndyBusch / Blog / 0 Comments

The election of Donald Trump with a unified Republican Congress has generated tremendous anticipation for potential changes in the financial services sector.  As a candidate, Trump ran on a platform of reforming the Affordable Care Act and Dodd-Frank.  This is consistent with Republican policy in both the US House of Representatives and the US Senate. …

Thursday / Dec 15, 2016 /

Fed Hikes Rates in December, More Coming?

AndyBusch / Blog / 0 Comments

What happened and what it means for business On December 14, 2016, the US Federal Reserve met and decided to raise interest rates 25 basis points. The target overnight Fed Funds rate was raised from 0.25%-0.50% to 0.50% to 0.75%. In the Federal Open Market Committee (FOMC) statement, they said, “The Committee expects that, with…

Wednesday / Dec 14, 2016 /

Trump! Impact on banking

AndyBusch / Blog / 0 Comments

President-elect Donald Trump and his transition team are just starting to shape governmental policy as it relates to the financial services sector. There’s little doubt that Trump’s election portends major changes from the Obama administration. During the campaign, candidate Trump vowed to repeal Dodd-Frank (Wall Street Reform and Consumer Protection Act of 2010) as is…