Pelosi: Wall Street Tax Must Be International

Reuters: Any tax imposed on financial transactions would have to take effect internationally to keep Wall Street jobs and related business from moving overseas, U.S. House of Representatives Speaker Rep. Nancy Pelosi (D-CA) said on Thursday.



“It would have to be an international rule, not just a U.S. rule,” Pelosi said at a news conference. “We couldn’t do it alone, we’d have to do it as an international initiative.”