office of Management and Budget

• 

  DOL’s Borzi: Lawmakers Can’t Hold Back Fiduciary Plan

  By Melanie Waddell, AdvisorOne  |  June 18, 2013

  Efforts by members of Congress to slow the DOL’s reproposal of its fiduciary rule will have little to no effect, Phyllis Borzi, assistant secretary of DOL’s Employee Benefits Security Administration, said Tuesday.

• 

  New Hire Roundup: Senate Finance Names Getz Tax Counsel

  By Marlene Y. Satter, AdvisorOne  |  June 5, 2013

  This week in new hires, Kara Getz joined the Senate Finance Committee as tax counsel, and ICI named Michelle Mesack director of financial services policy.

• 

  SEC Budget Faces $108M Cut Under Sequester; House GOP Blasts SEC’s ‘Misplaced Priorities’

  By Melanie Waddell, AdvisorOne  |  February 27, 2013

  Republicans on the House Financial Services Committee criticized the agency Tuesday for “repeatedly failing to fulfill any part of its mission.”

• 

  SEC Mulls Rule Proposal on Corporate Political Spending

  By Melanie Waddell, AdvisorOne  |  January 18, 2013

  The date, however, when such a proposal would be released remains unclear.

• 

  IRS Says 44% Cut in Tax Rates OK With Us

  By Gil Weinreich, AdvisorOne  |  January 16, 2013

  If Congress were to eliminate all tax expenditures, it could cut individual income tax rates by about 44% and still generate about the same amount of revenue, the IRS' taxpayer advocate said in a report that went mostly unnoticed.

• 

  Obama’s Treasury Secretary Pick Is Said to Be Jack Lew

  By John Sullivan, AdvisorOne  |  January 9, 2013

  Nomination would signal White House intent to “keep Treasury close” to its sphere of influence.

• 

  BDs Bear Burden of New SEC Rules on Lost Security Holders

  By Marlene Y. Satter, AdvisorOne  |  January 2, 2013

  The SEC approval, which was unanimous, requires broker-dealers to conduct searches for holders of securities with whom they have lost contact.

• 

  Averting Fiscal Cliff Requires Special Type of Leadership

  By Gil Weinreich, AdvisorOne  |  November 19, 2012

  Harvard University's Ronald Heifetz, the author of widely cited texts on leadership, explains why the president has the upper hand in fiscal cliff talks, and how Democrats need to help Republicans sell compromise back home.

• 

  President Romney’s Cabinet: Who Would He Choose?

  By Marlene Y. Satter, AdvisorOne  |  October 25, 2012

  If Gov. Romney wins the election, his Cabinet will take a very different direction on economic policy than Obama’s. Here are some of the choices to head those key posts.

• 

  Obama vs. Romney on Regulation: DOL Fiduciary DOA? Yes or No to SRO? Borzi Gets Boot?

  By Melanie Waddell, AdvisorOne  |  October 18, 2012

  While the regulatory and legislative landscapes remain sketchy until after the election, industry officials say there are some sure bets advisors can count on.