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Accounting Firm Must Defend New Suit Over Stock Plan Advice

Tennessee insurer Zander Group Holdings Inc. can go to trial in its lawsuit seeking to force accounting firm Katz, Sapper, & Miller to cover Zander’s $3.8 million settlement with the Labor Department in a dispute over Zander’s employee stock ownership plan, a federal judge ruled.

Trump Administration ‘Warp Speed’ Bid to Hurt ESG: Green Insight

Despite widespread objections from the money management industry, President Donald Trump, through the U.S. Department of Labor led by Eugene Scalia, is speeding ahead with a proposal to make it more difficult for fiduciaries of retirement plans to direct money to ESG-focused funds.

Pelosi, Mnuchin Move Closer to Stimulus Deal Amid Senate Doubts

House Speaker Nancy Pelosi said Tuesday she’s hopeful for a stimulus agreement this week, which would be crucial to getting a bill passed by Election Day, although Senate Majority Leader Mitch McConnell has warned the White House against a bigger Pelosi-led deal before Nov. 3.

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