Big Banks Have Mixed Results After Sweeping Tax Reform
Ken Leon, Global Director of Research and Industry Analyst at CFRA, explains how the new tax reform is impacting big banks. In 2018, the tax rate will decrease to about 19 percent.
For full interview [click here](https://cheddar.com/videos/big-banks-could-be-headed-for-big-gains).
The U.S. economy grew at a 2.1% annual pace from April through June, extending its sturdy performance in the face of higher interest rates, the government said Thursday, leaving its previous estimate unchanged.