What the One Big Beautiful Bill Act Means for Boards

Here’s what directors should know about how President Donald Trump’s sweeping new law affects corporate taxes and business strategy.

With the July 3 passage of the One Big Beautiful Bill Act (OBBBA), the US business landscape has shifted into uncharted territory. The mammoth new law, largely composed of amendments to previous laws and to itself, bearing 493 amendments from the Senate and House, is hardly a page turner. Yet, it may force many corporate boards ...