Depending on the asset class, about 11% to 18% of earnings per share came from tax savings. The looming question is how do they top themselves in 2019 when tax rates don’t change like they did this year.
Kraninger, a senior official at the Office of Management and Budget, has been heavily criticized by Democrats on the panel over her ties to the administration's family-separation policy at the border.
Most providers of property assessed clean energy financing shoot for relatively modest credit ratings in the securitization market. But CleanFund wanted to set itself apart.
The decision, unveiled just hours after the Treasury Department endorsed the charter concept, means some fintech firms could soon be regulated more like banks.