November 6

US banking lobby urges Congress to challenge FATCA IGAs

Ricardo V, a well-to-do Brazilian executive, travels frequently between São Paulo and New York. He does not take one of the many non-stop flights, however. Rather he books a trip with a Miami stop-over. The Miami stop is not about company business, shopping or visiting relatives. Ricardo – not his real name – makes the Miami stop to visit his private banker, who works for a large, European investment bank that serves hundreds of wealthy Latin American clients from their offices in M...

 

- Letter to Treasury Secretary Lew from Congressman Bill Posey

- Letter to Treasury Secretary Geithner from Senators Rand Paul, Jim DeMint, Mike Lee, and Saxby Chambliss