Today's Headlines

Bloomberg:

• White House Unveils Trump’s Opening Tax-Cut Bid. (video) The White House made its opening bid for what officials called the “biggest tax cut” in U.S. history -- with cuts that would benefit businesses, the middle class and certain high-earning individuals -- but left unanswered questions about whether the plan would be paid for, or how.
• European Stocks Rise as Kering, Credit Suisse Climb on Earnings. (video) European stocks extended their winning streak into a sixth day, boosted by strong earnings from companies including Kering SA and Credit Suisse Group AG. The Stoxx Europe 600 Index added 0.5 percent at the close. The benchmark index is up 2.8 percent this week in the biggest three-day gain of the year amid a rally sparked by optimism over the first-round results of the French presidential election.
• This $30 Billion Pension Pot Is Keeping Faith With Hedge Funds.
• Climate Evangelists Are Taking Over Your Local Weather Forecast. Sunny with a scientific certainty of climate change. More at 11.

Fox News:

• Ann Coulter cancels Berkeley event amid protests. (video)

CNBC:

• Commerce Secretary Ross to announce plan to probe imported aluminum: Source.
• The market has only done this four times in 36 years, and it could be ‘very bullish’. (video)
• These companies have the most to gain from Trump's tax-cut plan. (video)

Zero Hedge:

• The Main Highlights In Trump's Sweeping Tax Reform Proposal.
• Canada's Housing Bubble Explodes As Its Biggest Mortgage Lender Crashes Most In History.
• Trump Individual Tax Plan To Have 3 Brackets: 35%, 25%, & 10%.
• Peso Plunges As White House Plans NAFTA Withdrawal Executive Order. (graph)
• Fannie Introduces "Innovative Solutions" Allowing Student-Debt-Laden Millennials To Buy A Home.
• WTI/RBOB Jump On Largest Crude Draw In 2017 Offset By Major Product Build, Rising Production. (graph)