Johnson Says Deal Reached on Raising SALT CAP TO $40,000
May 21, 2025
20 min
Full
3,103 of 3,435
May 21, 2025
Johnson Says Deal Reached on Raising SALT CAP TO $40,000
0:00 / 20:13
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Bloomberg Podcasts Episodes Around May 21, 2025
Episode 3,103 of 3,435 — walk the feed in the order it was published.
20:13This episodeJohnson Says Deal Reached on Raising SALT CAP TO $40,000
Summary
<p>Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.</p> <p>Bloomberg Intelligence hosted by Paul Sweeney and Alix Steel </p> <p>Today’s Podcast Features are: </p> <p>-Garrett Watson, Director of Policy Analysis at the Tax Foundation, discusses President Trump’s economic bill. House Speaker Mike Johnson said Republicans have reached an agreement to increase the state and local tax deduction to $40,000. </p> <p>-Karen Manna, Investment Director and Portfolio Manager at Federated Hermes, discusses her outlook for the markets. Stocks rebounding in some of the world’s largest technology companies pushed stocks away from session lows, though concerns about the US fiscal footing still lurked in the background - driving bonds and the dollar down. </p> <p>-Mike McGlone, Bloomberg Intelligence Senior Commodity Strategist, discusses commodities. Bitcoin hit an all-time high after the advancement of stablecoin legislation in the US stoked hopes of regulatory clarity under President Donald Trump. Oil prices rose after a CNN report suggested Israel is preparing for a potential strike on Iranian nuclear facilities.</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>
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