Edition:
United States

Gina Chon

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

2:10pm EST

Breakingviews - Trump’s anti-WTO rhetoric hurts America first

WASHINGTON (Reuters Breakingviews) - Donald Trump’s rhetoric against the World Trade Organization hurts America first. The U.S. president is no friend to the global trade body, which is hunkering down for its biennial confab. Reforms are needed but America has won most of its complaints, including against China.

Dec 06 2017

Breakingviews - Trump and Warren make odd antitrust bedfellows

WASHINGTON (Reuters Breakingviews) - Donald Trump and Elizabeth Warren make odd antitrust bedfellows. The liberal U.S. senator says mega-deals like Aetna’s $77 billion sale to CVS could kill competition. She also backs the Justice Department’s fight against AT&T-Time Warner and has concerns about past merger remedies. It puts her in the same camp as the president.

Dec 04 2017

Breakingviews - Rushed U.S. tax bill rewards oil, real estate

WASHINGTON (Reuters Breakingviews) - A rushed U.S. tax bill showers goodies on parts of corporate America. The Republican Senate plan snuck in tax breaks for oil and gas partnerships, real-estate investment trusts and other sectors. One hiccup, though, puts the research and development tax credit favored by business at risk.

Nov 27 2017

Breakingviews - CFPB leadership row won’t stop inevitable gutting

WASHINGTON (Reuters Breakingviews) - The leadership row at the U.S. Consumer Financial Protection Bureau won’t stop its inevitable gutting. It’s unclear who’s in charge at the agency. Richard Cordray, the departing Barack Obama-appointed director, named his temporary successor, as did the White House, provoking an unusual legal fight.

Nov 24 2017

Breakingviews - Bankers’ rule-change wish list starts in the weeds

WASHINGTON (Reuters Breakingviews) - Bankers’ long wish list for rule changes starts in the weeds. Executives have plenty of regulations they want a more industry-friendly Federal Reserve to overhaul. But for many the top target is an obscure supervisory letter that has turned often minor infractions into roadblocks for everything from new branches to M&A.

Nov 20 2017

Breakingviews - Randall Stephenson makes his last stand

NEW YORK/WASHINGTON (Reuters Breakingviews) - Randall Stephenson is going to war. The AT&T chief executive is fighting the U.S. Department of Justice after it sued to block his $85 billion merger with Time Warner. Faced with similar opposition six years ago, Stephenson gave up a $39 billion tilt for T-Mobile US. Anything less than all-out victory this time would be fatal.

Nov 14 2017

Breakingviews - Private equity deserves U.S. tax hit, not startups

WASHINGTON (Reuters Breakingviews) - A plan to hit U.S. startups with an extra tax would be better directed at private equity. Technology firms are understandably upset over a Senate plan to tax stock options and restricted stock units when they are vested. It would raise $13.4 billion over 10 years, according to the nonpartisan congressional Joint Committee on Taxation. Ending a loophole on investment profit for buyout barons would bring in more.

Nov 02 2017

Breakingviews - Botched Republican pitch bodes ill for tax cuts

WASHINGTON (Reuters Breakingviews) - Republicans’ botched pitch for tax cuts could cost them dearly. Their revised plan, unveiled on Thursday, only partly deals with earlier criticism that it benefits the rich. And the chief lieutenants responsible for selling it to the public for the White House - Gary Cohn and Steven Mnuchin - have fumbled their way through their own script.

Nov 01 2017

Breakingviews - Wall Street loses in search for easy China wins

WASHINGTON (Reuters Breakingviews) - Finance services firms look sidelined as the White House focuses on finding easy China wins. Energy and industrial companies like General Electric will have a chance to cozy up to Beijing’s new leadership during U.S. President Donald Trump’s upcoming Asia trip, but Wall Street isn't coming along. The U.S. business delegation's composition reflects Trump's desires to find low-hanging fruit deals to tout domestically, but low expectations for deeper concessions.

Oct 30 2017

Breakingviews - U.S. economy doing just fine without tax cuts

WASHINGTON (Reuters Breakingviews) - It turns out that the U.S. economy is doing just fine without tax cuts. Initial estimates show GDP expanded at an annualized rate of 3 percent in the third quarter, despite the effect of hurricanes Harvey and Irma. An increase in goods made but not sold helped, but so did global growth and healthy corporate earnings. Protectionist policies could put the trend at risk.

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary