White House officials maintain bankers’ concerns are overstated and discount expected revenues from the president’s tariffs.

Buried deep in the more than 1,000-page tax-and-spending bill that President Donald Trump is muscling through Congress is an obscure tax measure that’s setting off alarms on Wall Street and beyond.

By Carolina Mandl NEW YORK/LONDON (Reuters) -Wall Street analysts are cautioning that a tax targeting foreign investors in the U.S. budget bill progressing through Congress could end up weighing on demand for U.