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Michael G. DeSombre
Michael George DeSombre (born 1968) is a partner of Sullivan & Cromwell and a former List of ambassadors of the United States to Thailand, United States Ambassador to the Kingdom of Thailand. He is also a former chairman of Save the Children Hong Kong. Biography DeSombre joined Sullivan & Cromwell LLP in 1995 and became a partner of the law firm in 2004, leading its mergers and acquisitions practice in Asia, with clients including Goldman Sachs, Anheuser-Busch InBev and Credit Suisse. In 2013, he co-founded Republicans Overseas for Americans abroad. The organization focuses on tax reform and proposed replacing FATCA with territorial taxation for individuals to the House Ways and Means Committee, as part of a 2017 Executive Order 13772, executive order to review the Dodd-Frank Act. DeSombre supported the presidential candidacies of Mitt Romney and Jeb Bush. He was nominated as List of ambassadors of the United States to Thailand, U.S. Ambassador to Thailand by President Donald Tr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Donald Trump
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of Pennsylvania with a bachelor's degree in 1968. He became president of his father's real estate business in 1971 and renamed it The Trump Organization. He expanded the company's operations to building and renovating skyscrapers, hotels, casinos, and golf courses. He later started side ventures, mostly by licensing his name. From 2004 to 2015, he co-produced and hosted the reality television series '' The Apprentice''. Trump and his businesses have been involved in more than 4,000 state and federal legal actions, including six bankruptcies. Trump's political positions have been described as populist, protectionist, isolationist, and nationalist. He won the 2016 United States presidential election as the Republican nominee against Democratic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goldman Sachs
Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, Hong Kong, Tokyo, Dallas and Salt Lake City, and additional offices in other international financial centers. Goldman Sachs is the second largest investment bank in the world by revenue and is ranked 57th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important financial institution by the Financial Stability Board. The company has been criticized for a lack of ethical standards, working with dictatorial regimes, close relationships with the U.S. federal government via a " revolving door" of former employees, and driving up prices of commodities through futures speculation. While the company has appeared on the 100 Best Companies to Work For list compiled by '' Fortune'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Political Appointee
According to the United States Office of Government Ethics, a political appointee is "any employee who is appointed by the President, the Vice President, or agency head". As of 2016, there were around 4,000 political appointment positions which an incoming administration needs to review, and fill or confirm, of which about 1,200 require Senate confirmation. The White House Presidential Personnel Office (PPO) is one of the offices most responsible for political appointees and for assessing candidates to work at or for the White House. These positions are published in the Plum Book (officially, the ''United States Government Policy and Supporting Positions''), a new edition of which is released after each United States presidential election. The list is provided by the U.S. Office of Personnel Management (OPM). The 2020 edition of the Plum Book was published on December 1, 2020. Categories According to a 2011 study, "The United States has significantly more political appoin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Donald Trump
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of Pennsylvania with a bachelor's degree in 1968. He became president of his father's real estate business in 1971 and renamed it The Trump Organization. He expanded the company's operations to building and renovating skyscrapers, hotels, casinos, and golf courses. He later started side ventures, mostly by licensing his name. From 2004 to 2015, he co-produced and hosted the reality television series ''The Apprentice''. Trump and his businesses have been involved in more than 4,000 state and federal legal actions, including six bankruptcies. Trump's political positions have been described as populist, protectionist, isolationist, and nationalist. He won the 2016 United States presidential election as the Republican nominee against Democratic nom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million ( US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a "Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jeb Bush
John Ellis "Jeb" Bush (born February 11, 1953) is an American politician and businessman who served as the 43rd governor of Florida from 1999 to 2007. Bush, who grew up in Houston, was the second son of former President George H. W. Bush and former First Lady Barbara Bush, and a younger brother of former President George W. Bush. He graduated from Phillips Academy in Andover, Massachusetts, and attended the University of Texas at Austin, where he earned a degree in Latin American affairs. In 1980, he moved to Florida and pursued a career in real estate development. In 1986, Bush became Florida's Secretary of Commerce. He served until 1988. At that time, he joined his father's successful campaign for the Presidency. In 1994, Bush made his first run for office, losing the election for governor by less than two percentage points to the incumbent Lawton Chiles. Bush ran again in 1998 and defeated lieutenant governor Buddy MacKay with 55 percent of the vote, however he w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mitt Romney
Willard Mitt Romney (born March 12, 1947) is an American politician, businessman, and lawyer serving as the junior United States senator from Utah since January 2019, succeeding Orrin Hatch. He served as the 70th governor of Massachusetts from 2003 to 2007 and was the Republican Party's nominee for president of the United States in the 2012 election, losing to Barack Obama. Raised in Bloomfield Hills, Michigan, by George and Lenore Romney, he spent over two years in France as a Mormon missionary. He married Ann Davies in 1969; they have five sons. Active in the Church of Jesus Christ of Latter-day Saints (LDS Church) throughout his adult life, Romney served as bishop of his ward and later as a stake president for an area covering Boston and many of its suburbs. By 1971, he had participated in the political campaigns of both his parents. In 1971 Romney graduated with a Bachelor of Arts in English from Brigham Young University (BYU) and in 1975 he received a JD–M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Executive Order 13772
Executive Order 13772, titled "Core Principles for Regulating the United States Financial System", is an executive order signed by U.S. President Donald Trump on February 3, 2017. The eighth executive action by the president during his first 100 days in office, it establishes the "core principles" of regulation under the Trump Administration and tasks the United States Department of the Treasury to review the Financial Stability Oversight Council, originally established under the Dodd–Frank Wall Street Reform and Consumer Protection Act, and report to the President in 120 days on current regulations and their effectiveness in carrying out these core principles. President Joe Biden revoked the order on February 24, 2021. Background The Dodd–Frank Wall Street Reform and Consumer Protection Act, also known as simply Dodd–Frank, is a series of laws that enacted significant financial regulation reform, as a response to the Great Recession. It was signed into law by then-U.S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
House Ways And Means Committee
The Committee on Ways and Means is the chief tax-writing committee of the United States House of Representatives. The committee has jurisdiction over all taxation, tariffs, and other revenue-raising measures, as well as a number of other programs including Social Security, unemployment benefits, Medicare, the enforcement of child support laws, Temporary Assistance for Needy Families, foster care, and adoption programs. Members of the Ways and Means Committee are not allowed to serve on any other House Committee unless they are granted a waiver from their party's congressional leadership. It has long been regarded as the most prestigious committee of the House of Representatives. The United States Constitution requires that all bills regarding taxation must originate in the U.S. House of Representatives, and House rules dictate that all bills regarding taxation must pass through Ways and Means. This system imparts upon the committee and its members a significant degree of inf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Territorial Taxation
International taxation is the study or determination of tax on a person or business subject to the tax laws of different countries, or the international aspects of an individual country's tax laws as the case may be. Governments usually limit the scope of their income taxation in some manner territorially or provide for offsets to taxation relating to extraterritorial income. The manner of limitation generally takes the form of a territorial, residence-based, or exclusionary system. Some governments have attempted to mitigate the differing limitations of each of these three broad systems by enacting a hybrid system with characteristics of two or more. Many governments tax individuals and/or enterprises on income. Such systems of taxation vary widely, and there are no broad general rules. These variations create the potential for double taxation (where the same income is taxed by different countries) and no taxation (where income is not taxed by any country). Income tax system ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FATCA
The Foreign Account Tax Compliance Act (FATCA) is a 2010 United States federal law requiring all non-U.S. foreign financial institutions (FFIs) to search their records for customers with indicia of a connection to the U.S., including indications in records of birth or prior residency in the U.S., or the like, and to report such assets and identities of such persons to the U.S. Department of the Treasury. FATCA also requires such persons to report their non-U.S. financial assets annually to the Internal Revenue Service (IRS) on form 8938, which is in addition to the older and further redundant requirement to report them annually to the Financial Crimes Enforcement Network (FinCEN) on form 114 (also known as 'FBAR'). Like U.S. income tax law, FATCA applies to U.S. residents and also to U.S. citizens and green card holders residing in other countries. FATCA applies to all subjects identified as U.S. person. All U.S. citizens are U.S. person by default, but a non U.S. citizen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
