Oct 20, 2019

Mitt Romney opposes cutting capital gains tax rate for the rich

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Municipal bonds are on pace for a record year

Los Angeles. Photo: Mario Tama/Getty Images

Municipal bonds are on pace to see the highest inflows on record, data provider Lipper notes, surpassing the previous high set in 2009.

What's happening: Not only has the asset class almost surpassed the previous record already, but by mid-year, 2019's inflows were also "more than 10 times the amount of new investor money gathered over the whole of 2018," notes Mark Marinella, a portfolio manager at Capital Group.

Go deeperArrowNov 5, 2019

Mitt Romney agrees with "most" of Trump's actions as president

Photo: Axios on HBO

In an interview with Mike Allen for "Axios on HBO," Sen. Mitt Romney (R-Utah) said he agrees with "most" of President Trump's actions, specifically as it relates to tax and regulatory policy.

The big picture: Romney has been one of few Republicans to consistently critique the president. In recent weeks, Romney condemned Trump's ask of China and Ukraine to investigate former Vice President Joe Biden and his son, Hunter, over unsubstantiated corruption allegations, calling the move "wrong and appalling."

Go deeperArrowOct 20, 2019

Exclusive: Mitt Romney’s Trump indictment

Photo: Axios on HBO

Sen. Mitt Romney, in an interview with “Axios on HBO," outlined a broad indictment of President Trump, criticizing his rhetoric, his abandonment of the Kurds, his plea to Ukraine and China to undermine a political opponent, his character and past personal life.

Why it matters: Romney, who has emerged as the party's most prominent Trump critic, is getting overtures to run against the president (he won’t) or lead the charge to get senators to convict Trump if the House impeaches him.

Go deeperArrowUpdated Oct 20, 2019