Free Trial

Trump Says In Interview May Suspend Payroll Tax If Congress Doesn't Act

US

President Trump, in an interview with Fox and Friends, states that he may seek to suspend payroll tax collection.

  • "I may do it myself … we're negotiating right now … I have the absolute right to do it."
  • Congressional leaders from both Democrat and Republican parties have already removed any prospect of a cut to payroll tax as part of any COVID-19 stimulus package.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.