Strategas Research: Trump’s Firing of Comey May Hasten Tax Reform

President Donald Trump’s unexpected termination of FBI Director James Comy reportedly could motivate Republican lawmakers to speed up tax reform to preserve their majority in the House of Representatives.

“Republican members of Congress will want to speed up their policy achievements to overcome recent political developments,” according to Strategas Research, CNBC reported.

Trump said he fired FBI Director James Comey, who had been leading an investigation into his 2016 presidential campaign’s possible collusion with Russia, over his handling of an email scandal involving then-Democratic presidential nominee Hillary Clinton, Reuters reported.

“While distractions from investigations could hinder policy developments, our sense is that Republican members of Congress will want to speed up their policy achievements to overcome recent political developments,” writes Dan Clifton, head of policy research at Strategas.

Clifton said he expects Congress to complete tax reform in the first quarter of next year, not in 2017 as previously expected,

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