Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
House Bill Targets 105-Year-Old Social Security Beneficiaries
By Allison BellA Florida lawmaker wants someone to see if they're still really eligible for federal benefits.
May 28, 2025
Stop Taxing Expats on Foreign Income, Groups Say as Senate Weighs Tax BillAmericans living abroad should be taxed only on U.S.-sourced income, advocacy groups argue.
May 22, 2025
What's Next for the Trump Tax Bill"We are so far away from an acceptable bill, it’s hard to say," said Sen. Ron Johnson, R-Wis.
May 22, 2025
House Passes Tax Package by 215-214 VoteA 42-page manager's amendment was added but did not appear to affect the health account provisions.
May 22, 2025
House Passes Trump Tax BillThe bill now heads to the Senate, where groups of Republicans are pressing for extensive changes.
May 21, 2025
White House Says Failure to Pass Tax Bill Would Be ‘Ultimate Betrayal’Lawmakers struck a deal on the SALT cap, but some ultraconservatives are still on the fence.
May 21, 2025
New Bill Eliminates Cap on Social Security Payroll TaxesThe Medicare & Social Security Fair Share Act also increases the net investment income tax on income above $400,000.
May 21, 2025
Johnson Says Agreement Reached on Raising SALT Cap to $40,000The agreement suggests a resolution to one of the final issues holding up President Donald Trump’s economic bill.