Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Biden's Tax, Infrastructure Plans: What to Expect
By Melanie WaddellAs Biden's $3 trillion infrastructure and economic packages come into focus, here's how he will likely try to finance them. But will Congress approve?
March 16, 2021
GOP Bill Would Block State-Level Financial Transaction TaxesReps. McHenry and Huizenga have introduced the Protecting Retirement Savers and Everyday Investors Act.
March 16, 2021
Wells Fargo, JPMorgan and BofA Set to Distribute Stimulus Payments on WednesdayWhen the banks told customers they wouldn't receive stimulus money until this week, consumers flooded social media with complaints.
March 15, 2021
Biden Plans First Major Tax Hike Since 1993The White House has rejected the wealth tax proposed by Sen. Warren but is still targeting the wealthy in its expected suite of tax hikes.
March 15, 2021
Human Capital: SEC's Lee Zeroes in on SPACsWelcome back to Human Capital. I'm Melanie Waddell, ThinkAdvisor's Washington Bureau Chief. This week's hot topic was SPACs — special purpose acquisition…
March 11, 2021
Lawmakers Float PPP Loan Application Deadline ExtensionPPP loan application deadline would be extended from March 31 to May 31.
March 11, 2021
Biden Signs $1.9T Stimulus BillBiden plans to hold a televised address Thursday evening to speak about the pandemic.
March 10, 2021
House Sends $1.9B Stimulus Bill to Biden, Checks to U.S. PocketbooksMost Americans will be receiving direct payments of $1,400, with checks going out within days.