Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Debate: Does Auto Loan Interest Warrant a Tax Deduction?
By Robert Bloink and William H. ByrnesThe Trump administration has proposed an above-the-line deduction of up to $10,000 per year.
June 05, 2025
Senators Eye Medicare Cuts to Pay for Trump Tax BillSome are looking to trim payments to health insurers that run Medicare Advantage plans.
June 04, 2025
Republican Tax Bill Adds $2.4T to Deficits: CBOThe figure reflects a $3.67 trillion drop in expected revenues and a $1.25 trillion decline in spending through 2034.
June 04, 2025
Bill Advancing in Congress Creates Senior Fraud Task Force at SECThe Senior Security Act passed the House Financial Services Committee and would help strengthen protections against financial predators.
June 04, 2025
House SALT Deal Will Have to Change, Senate Leader SaysSen. John Thune believes the $40,000 maximum deduction is not acceptable to his chamber.
June 03, 2025
Senators Re-Introduce E-Delivery BillThe legislation requires the SEC to write a rule allowing financial firms to deliver documents in digital format.
June 03, 2025
Senate Begins Work on Giant Tax BillHere's how the House and Senate differ on SALT deductions, estate taxes and business tax cuts.
May 30, 2025
House Bill Targets 105-Year-Old Social Security BeneficiariesA Florida lawmaker wants someone to see if they're still really eligible for federal benefits.