US stocks drop as Trump’s ‘big, beautiful’ tax bill faces rare overnight hearing

9 hours ago Business NY Post - Business 4

The S&P 500 slipped in volatile trading and Treasury yields rose on Wednesday as President Trump’s proposed tax-cut law faced a rare overnight hearing aimed at influencing Republican holdouts opposed to the bill’s passage. The House Rules Committee scheduled an unusual 1 a.m. ET hearing that is expected to run well into daylight hours as Republicans try to overcome internal divisions about cuts to the...

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