What you need to know on Wall Street today

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The GOP tax bill is nearing the finish line in the Senate – thanks in part to Sen. John McCain, who gave the legislation an enormous boost Thursday after announcing his support. The bill is now hurtling toward a floor vote, and it’s been driving the stock market crazy on its way.

Here’s everything else you need to know about the tax push:

A federal judge gave Trump a huge victory in the battle over the interim leader of the Consumer Financial Protection Bureau – but the permanent boss of the top consumer watchdog could be even more anti-consumer than acting-director Mick Mulvaney, according to Business Insider’s Pedro da Costa.

Employees at the CFPB talked to Business Insider about the dramatic showdown with Trump, with some saying outgoing director Richard Cordray had the authority to name his successor, and others saying he knew the plan would fail all along and calling it a “political stunt.”

CVS and Aetna are reportedly nearing a $US66 billion deal – the latest in a string of megadeals. The investment banking team at Baird says the trillion-dollar M&A market will keep exploding in 2018 for three key reasons.

In other news:

Lastly, here’s how much it costs to get a haircut in cities around the world, in two charts.

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