Public Policy Roundup
SEC Chairman Jay Clayton spoke on middle market topics at the last IAC meeting, the FSOC published its annual report and Congress tries to avoid a shutdown.
The National Center for the Middle Market hosted the Government-Business Forum, Pres. Trump backed opportunity zones and the Senate raised debt concerns.
The OCC issued a warning of rising corporate debt levels, with one veteran lawmaker comparing current conditions to those before the 2008 subprime mortgage crisis.
The IRS proposed a change to last year's tax reform legislation that would limit deductions businesses can make on interest expenses.
ACG members met with SEC Chairman Jay Clayton, the Fed's vice chairman for supervision testified before Congress, and the Fed announced forthcoming reports.