'Collateral damage': Fund managers lobby Congress over Section 899 to avert foreign investors leaving the U.S

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'Collateral damage': Fund managers lobby Congress over Section 899 to avert foreign investors leaving the U.S

cnbc.com/2025/06/10/fund-managers-lobby-congress-on-section-899-to-avert-foreign-investors-exit.html

American fund managers are lobbying Congress over a provision tucked inside President Donald Trump's tax bill that they say could lead to foreign investors "quickly" pulling investments out of the U.S.
The "One Big Beautiful Bill Act," which passed through the U.S. House of…

This story appeared on cnbc.com, 2025-06-10 09:02:37.830000.