GOP bill cuts social spending—but popular tax break for hedge funds survives

Quick Summary:

The Senate, in reviewing Trump’s tax bill, could still make changes to the carried interest loophole.

Trump also spoke to Republican lawmakers about changing carried interest in February but took no action.

On Thursday, the Trump-endored tax bill passed by the House doesn’t mention carried interest.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Luisa Beltran

Category: EconomyBusiness

Markets: United States

Topics: Private equity Donald Trump Private Equity Deals Taxes

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-23 @ 04:23:28 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 625 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 157 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28920892

View Article Analysis

About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 27 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

Publisher Details

Frequently Asked Questions