Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Trump Tax Law to Add $3.4T to Deficits: CBO
By Jarrell DillardThe figure reflects a $4.5 trillion drop in revenues and a $1.1 trillion decline in spending through 2034.
July 18, 2025
Trump Signs Stablecoin Bill, Delivering Win for Crypto IndustryThe passage marks a turnaround for an industry Trump once treated with skepticism but grew to champion.
July 18, 2025
Crypto Market Value Tops $4T as Stablecoin Bill PassesThe bill, backed by Republicans and pushed by Trump, introduces federal or state oversight of dollar-linked stablecoin.
July 17, 2025
This Big Driver of Social Security Insolvency Has Long Been IgnoredThe aging population and payroll tax trends don't tell the whole story, former Social Security official Andrew Biggs says.
July 17, 2025
Debate: Are Trump Accounts for Newborns a Viable Savings Program?Under new legislation, the federal government will provide a $1,000 initial contribution in a tax-deferred vehicle.
July 16, 2025
Marcia Mantell Has Never Been This Worried About Social SecurityThe retirement consultant, marking 20 years in business, says the solvency picture is likely even worse than it looks.
July 16, 2025
Trump 'Crypto Week' in Limbo Amid House Republican ImpasseSome conservatives want legislation that prohibits the Federal Reserve from issuing digital assets.
July 15, 2025
Ed Slott: Roth Conversions Are Trickier Under New Tax LawMany of the new tax breaks can be lost if taxpayers push their income up too high, Slott warns.