Tiedemann Advisors Speaker Series
An Insider View of Upcoming Tax-Law Changes
from Former U.S. Elected Officials
Biden's proposed tax bill would make many changes to income, estate and gift taxes but what exactly will the final bill look like and what will the effective dates be? Get an insider view into the dynamics and hurdles of passing the bill and what changes we may see to the bill before it satisfies Congress. We are sitting down with Arent Fox's tax legislation experts and two former members of Congress to explore what the future tax-law changes might look like.
Former United States Senator
Counsel at Arent Fox
In 2017, Doug Jones shocked the political establishment by winning a special election to fill a United States Senate seat in Alabama – the first Democrat to do so in the state in 25 years. As a member of the Banking and Housing Committee, the Health, Education, Labor, and Pensions (HELP) Committee, the Armed Services Committee, the Homeland Security and Governmental Affairs Committee, and the Committee on Aging, he quickly built a reputation as a well-regarded and effective legislator. He passed more than two dozen bipartisan bills into law in just three years, including legislation to end the military widow’s tax, provide permanent funding for historically black colleges and universities (HBCUs), shed light on Civil Rights-era cold cases, and expand access to broadband in rural communities. He was also one of the principal architects of the anti-money laundering legislation passed by Congress as part of the National Defense Authorization Act of 2020.
Senator Jones began his career in 1979 as staff counsel to the U.S. Senate Judiciary Committee for Senator Howell Heflin (D-AL). Following his stint in Washington, Senator Jones served as an Assistant United States Attorney from 1980-1984. He left government service in 1984 and was in the private practice of law in Birmingham, Alabama, until President Bill Clinton nominated him to the position of United States Attorney for the Northern District of Alabama. His nomination was confirmed by the Senate in November 1997 and he served as U.S. Attorney until June 2001. It was while serving in that position that Senator Jones successfully prosecuted two of the four men responsible for the 1963 bombing of the 16th Street Baptist Church that killed four young girls, finally bringing full justice and closure nearly 40 years after the attack. Along with taking on the Ku Klux Klan, he indicted domestic terrorist Eric Rudolph and prosecuted other criminals who sought to use fear, hatred, and violence to inhibit the rights of others.
Between his time as U.S. Attorney and his election to the Senate, Senator Jones was in the private practice of law, handling white collar, False Claims Act, and security fraud class actions. He has represented multinational corporations, small businesses, and individuals in high-stakes civil and criminal litigation.
Former United States Congressman
Co-Chair of the Government Relations Practice, Arent Fox
Phil served seven distinguished terms in the United States House of Representatives, representing Western Pennsylvania’s 3rd District from 1995 to 2009. While in Congress, Phil developed an interest and rich experience in tax, trade, health care, and energy policy. He currently assists clients in these areas, plus state and municipal government operations, as a Senior Government Relations Advisor at Arent Fox LLP in Washington, DC.
During his time in Congress, Phil served on the Ways and Means Committee and was the first Republican freshman appointed to that committee since George H. W. Bush in 1967. In the 110th Congress, he served as the Ranking Member on the Subcommittee of Select Revenue Measures. Phil was also a long-time member of the Joint Economic Committee, and co-chair of the Congressional Economic Leadership Institute. While serving on the Trade Subcommittee, Phil was a co-chair of the Congressional Service Industries Caucus and a member of the President’s Export Council. He was a Congressional Representative to the World Trade Organization Ministerial Meetings and Advisor to the Organisation for Economic Co-operation and Development Congressional Leadership Group.
Phil currently serves on the board of several leading policy organizations, including: the Tax Foundation, a nonpartisan tax research group; and the Information Technology and Innovation Foundation (ITIF), a leader in technology policy. Phil is also the Honorary Co-Chairman of the Center for Strategic Tax Reform (CSTR) and Chairman of CSTR’s Board of Advisors. In addition, he serves as the Co-Chair of the Institute for Representative Government (IRG). After leaving office, Phil was appointed to the United States National Commission for the United Nations Educational, Scientific, and Cultural Organization, which advises the State Department on educational, scientific, cultural, and communications issues.
Tax Partner at Arent Fox
Specializes in transactional tax matters
Jeff advises corporate, financial institution, investment fund, and sovereign clients on the tax aspects of domestic and cross-border transactions (including mergers and acquisitions), capital markets transactions, private equity and hedge fund investments and structuring, real estate investments (including REITs), joint ventures, securitizations, financial products, and FATCA compliance.
Leader of Arent Fox's Political Law Group
Craig Engle has over 35 years experience advising political committees, nonprofits, candidates and office holders, corporations, media companies, foreign governments, lobbyists, celebrities, and high-net-worth individuals on all aspects of election, tax, and ethics laws, including corporate formation and governance work, congressional investigations, and public policy strategies.
Craig joined the firm in 2001 after a distinguished career on Capitol Hill and regularly consults with clients and attorneys in nine of Arent Fox’s practice and industry groups and in the firm’s New York and Los Angeles offices.
Steve has direct responsibility for managing client relationships. He works closely with clients to understand their goals and objectives; manage their investments, including impact investing; and integrate their investment strategy, philanthropy, and estate planning into a cohesive wealth management plan. Steve leads business operations for the DC office and is also a member of the Firm’s Executive Committee.
Steve joined Tiedemann when the Firm merged with Presidio Capital Advisors, where he served as Managing Director. At Presidio, Steve worked with ultra-affluent clients and their advisors to develop customized financial solutions. Before joining Presidio, Steve was the Executive Director at Convergent Wealth Advisors for 11 years.
Steve began his career in accounting and law, having worked as an estate planning attorney for several Firms in South Florida.
Steve earned Master of Law and Juris Doctor degrees from the University of Miami, and a Bachelor of Business Administration in accounting from Emory University. Born and raised in South Florida, Steve currently resides in Potomac, Maryland, with his wife and has two adult sons.
Director at Tiedemann Advisors
Michael is responsible for managing a number of Tiedemann’s client relationships and overseeing their advisors to provide solutions that address the challenges of stewardship of wealth over generations. As a member of the firm’s business development and strategy team, he is a referral resource for attorneys and accountants. Michael is also Director of Digital Asset Education, in which role he provides education across the firm on issues related to digital assets and blockchain technology.
Prior to joining Tiedemann in 2017, Michael worked in senior roles within the United States Treasury working with Africa and Europe. He served as a financial diplomat in the Middle East spanning the tenures of U.S. Treasury Secretaries Geithner, Lew, and Mnuchin. Greenwald initially served as the United States Treasury Policy Advisor for Europe. In this role, he was appointed head of the United States Delegation to the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism before the Council of Europe in Strasbourg, France. Greenwald was part of the U.S. Treasury team that crafted U.S. sanctions against Russia, the largest U.S. sanctions program to date, and negotiated similar sanctions by Europe. Between 2015-2017, he served as the first United States Treasury Attaché appointed to Qatar and Kuwait and opened the Treasury Department’s office in Doha, Qatar. He also served in a variety of counterterrorism roles in the U.S. Intelligence Community and in the Office of General Council at the U.S Treasury. Greenwald worked closely with the National Security Council at the White House tackling issues and crafting sanctions programs related to countering ISIS, Al-Qaeda, Hezbollah, Hamas, Iran, Ukraine/Russia, Syria, and North Korea.
Michael is a frequent speaker, writer and commentator on international security, the Middle East and the global economy. He has been featured on CNBC; published in Barrons; and given lectures at The Council on Foreign Relations, Harvard, Yale Law School, Stanford, and Northwestern Business School, Doha.
Michael earned a Juris Doctor degree from Boston University School of Law, a Master of Arts from Boston University’s Frederick S. Pardee School of Global Studies, and a Bachelor of Arts in History from George Washington University. Originally from Brookline, Massachusetts, Michael resides in Palm Beach, FL with his wife.