Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Trump Urges SALT Deal as Lawler Stands Firm on $40,000 Cap
By Emily Birnbaum, Skylar Woodhouse and Joe Mathieu“We’re not going to fold here,” the New York congressman says.
June 16, 2025
Senate Deadlocked on SALTThe draft bill, slated to be released later Monday, includes the current $10,000 SALT cap.
June 13, 2025
Debate: Should the Tax Bill Expand HSAs?The bill allows Medicare enrollees to contribute and makes some marketplace health plans HSA-eligible, among other changes.
June 12, 2025
7 Tax Developments to Watch ForThe outlook for 2026 and beyond remains uncertain as the tax bill debate rages on.
June 12, 2025
Republican Senators Consider $30,000 SALT Cap in Trump Tax BillThey are trying to reduce the House-passed $40,000 SALT limit, Sen. Thom Tillis says.
June 12, 2025
Lawmakers, CEOs Praise $1,000 401(k) ‘Trump Accounts’ for Babies in Tax BillTrump staged an event Monday to promote the tax-deferred investment accounts for newborns.
June 10, 2025
Senate Plans to Deliver Trump-Backed Tax Breaks on Tips, OvertimeA House Republican warned senators earlier Tuesday that those breaks were a must-have for the final tax bill.
June 10, 2025
New Bill Ensures Access to Social Security ServicesThe introduction of the Social Security Access Act follows DOGE cuts and the agency's attempt to limit phone service.