Headlines discussed at LNWM’s Monday briefing:
— Congressional Republicans are voicing concern about Trump tax reform, impact on US deficit.
— French President Emmanuel Macron outlined plan to make the EU more integrated and efficient.
— Certain Puerto Rico bondholders are offering new loans in exchange for better terms on existing debt.
— US oil prices rose as refiners in Texas came back online after Hurricane Harvey; global oil price fell.
— US regulators will maintain stricter rules for giant financial firms deemed to pose systemic risk.
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