A year ago, when opposition from the asset-management industry killed her plan to make money-market mutual funds safer, U.S. Securities and Exchange Commission (SEC) Chairman Mary Schapiro looked to Timothy Geithner, then the Treasury Secretary, to tackle “one of the pieces of unfinished business from the financial crisis.”
Administration eyes the estimated $2.6T in offshore money.
May and Carney fire back at Barnier over trade deal warning.
Appalling idea would target profit-shifting to tax havens.
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