Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Tax Bill Headed for 'Big Beautiful Pothole' in House: Valliere
By Melanie WaddellThe Senate legislation passed a procedural vote but lacks House support, says the AGF Investments policy strategist.
June 24, 2025
Bessent Predicts Republicans Reach SALT Truce Within 48 HoursThe state and local tax, or SALT, deduction has vexed Republicans for weeks.
June 24, 2025
Trump Amps Up Pressure on GOP Holdouts on His Massive Tax Bill"NO ONE GOES ON VACATION UNTIL IT’S DONE," the president posted.
June 24, 2025
House Passes Bill to Expand Accredited Investor DefinitionThe bill freezes the financial thresholds and allows investors with certain education or experience to be considered "accredited."
June 23, 2025
Senate Readies Tax Bill for Vote as Holdouts Threaten DelayPresident Donald Trump’s tax-and-spending agenda is nearing a climactic vote in the Senate this week.
June 20, 2025
Debate: Should Key Tax Bill Provisions Be Temporary?Several components of the working drafts in Congress are scheduled to leave the tax code after 2028.
June 20, 2025
Social Security Fairness Act Benefit Hikes to Be Completed by November: SSASome complex cases are taking longer, the agency says; a Social Security advocate blames delays on budget cuts.
June 20, 2025
9 Social Security Bills in Congress NowThe funding shortfall won't likely be addressed soon, but a variety of proposals are on the table.