Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Trump Loses Patience With SALT Demands as Tax Bill Faces Snag
By Erik Wasson, Catherine Lucey and Ari NatterSeveral SALT advocates plan to keep blocking Trump’s bill if the deduction isn't raised above $30,000.
May 19, 2025
Trump Tax Bill Advances After GOP Deal for Faster Medicaid CutsThe House Budget Committee vote paves the way for passage of the legislation as soon as Thursday.
May 18, 2025
New York Republican Floats Higher Tax Rate to Pay for SALTThe tax bill "has stalled — and it needs wind in its sails," said Rep. Nick LaLota, R-N.Y., on Saturday.
May 16, 2025
The Hottest Tax Legislation Debate Isn’t In WashingtonJoin Professors Byrnes and Bloink on June 11 for a fierce, but friendly, debate about tax policy.
May 16, 2025
Trump Tax Cuts Rejected by House PanelFour ultraconservatives want deeper cuts to Medicaid and a faster phase-out of clean energy tax credits.
May 16, 2025
New Bill Would Require SEC to Update 'Small Entity' DefinitionRaising the threshold, currently $25 million in AUM, would give small RIAs special consideration in federal rulemaking.
May 16, 2025
House Tax Bill Is in TroubleThe current version doesn't have the votes to pass the House, Greg Valliere says.
May 15, 2025
House Tax Bill Offers $4,000 Deduction for SeniorsThe proposal is an alternative to the Trump plan to eliminate the income tax on Social Security benefits.