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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Finance

Watch Online: Donald Trump Issues Executive Order on Taxes

Lucinda Shen
By
Lucinda Shen
Lucinda Shen
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Lucinda Shen
By
Lucinda Shen
Lucinda Shen
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April 21, 2017, 9:45 AM ET
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And so it begins.

As investors and the general public alike grow anxious for the tax cuts President Donald Trump promised on the campaign trail, the one-time businessman is making a move.

The President is expected to issue a series of executive actions Friday.

According to a White House official Thursday, one order will call for Treasury Secretary Steven Mnuchin to review his departments tax regulations in a bid to start lowering taxes. Another two memoranda will call for an examination of portions of the 2010 Dodd-Frank Wall Street reform law — aimed at slashing regulations.

It’s still unclear when exactly those tax cuts will come. Though the August date once quoted by Mnuchin is looking unrealistic even to the secretary himself.

Watch the live stream above at 2:45 p.m. EDT.

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Lucinda Shen
By Lucinda Shen
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