Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
6 Estate Planning Strategies Sparked by Trump’s Budget and Tax Bill
By John ManganaroBusiness owners and highly wealthy clients may have new opportunities to unlock and protect wealth.
July 04, 2025
Trump Signs His Tax-and-Spend Bill at White House CeremonyHe signed the bill into law Friday, enshrining an extension of tax cuts and steep cuts to some health programs.
July 03, 2025
House Sends $3.3T Tax Package, With HSA Provisions, to TrumpThe One Big Beautiful Bill Act also renews many current tax provisions and imposes health program funding cuts.
July 03, 2025
Trump Wins Broad Economic Policy Shift as House Passes Tax BillThe 218-214 vote in the House sends the legislation to Trump, in time for his July 4 deadline.
July 03, 2025
Who Won and Lost in Trump’s Tax BillBusiness investors and wealthy Americans are among the biggest winners in President Donald Trump’s tax bill.
July 02, 2025
Trump Meets GOP Hardliners as Tax Bill Hits Resistance in HouseSeveral House lawmakers predicted that the first procedural vote on Wednesday would fail.
July 01, 2025
Trump Tax Bill Hits Republican Resistance in House Ahead of Vote"I have very strong concerns and am not very inclined to support," said Rep. Chip Roy (R-Texas).
July 01, 2025
What’s in the Tax Bill That Just Passed the SenateKey provisions include a deal to raise the limit on the state and local tax deduction to $40,000 a year.