Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Government Shutdown Has Cost Economy $18B: CBO
By Jarrell DillardThat figure “will intensify” in the weeks to come, according to the Congressional Budget Office.
October 21, 2025
Senate Passes Bill to Help Taxpayers Fix ErrorsThe IRS MATH Act would simplify notices informing taxpayers of mistakes on their tax filings.
October 16, 2025
New Bill Would Stop Lawmaker Pay During ShutdownsThe No Budget, No Pay Act prevents Congress from being paid unless it passes a budget and appropriations bills.
October 16, 2025
BofA, BNY Sued Over Alleged Ties to Epstein Sex-TraffickingClass-action lawyers accuse Bank of New York of processing $387 million in payments to women trafficked by the financier.
October 15, 2025
Even a Shutdown Can’t Stop the Social Security COLAMartha Shedden, who heads an advocacy organization, sees encouraging signs in an otherwise worrying political situation.
October 14, 2025
New Bill Gives Trump's Order on Alts in 401(k)s the Force of LawThe Retirement Investment Choice Act codifies the order, which directs the SEC and Labor to examine existing guidance.
October 13, 2025
New Bills Allow Penalty-Free Retirement Plan Withdrawals During ShutdownRecently introduced legislation would help federal workers and contractors access retirement accounts.
September 22, 2025
6 New Social Security Bills in Congress NowA number of measures have been introduced this year, but retirees need more help, according to one advocate.