Democrats include last-minute closing of carried interest loophole Estimated to raise $14B over 10 years

In a last-minute deal today, Senators Joe Manchin (D-West Va) and Chuck Schumer (D-NY) included a tax increase on carried-interest [Read More]
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Equable Institute:  Pension assets allocated to private equity, hedge funds and real estate have grown to 14.9% from 8% in 2008

In its State of Pension 2022 Annual Report, Equable Institute finds that state and local pension funding ratios dropped from [Read More]
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Sightings…

Point72 has expanded its economics team with two hires. Sophia Drossos has been hired as an economist and strategist based [Read More]
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SEC investigating Coinbase

The Securities and Exchange Commission is looking into whether Coinbase Global improperly allowed Americans to trade crypto currencies that should [Read More]
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CFTC wants more authority over crypto currencies, restructures agency to keep up with rapid developments

At a Brookings Institute event today, Commodity Futures Trading Commission Rostin Behnam stated that the scale of the crypto market, [Read More]
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