Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
U.S. Faces 'Death Spiral' of Swelling Debt
By Sonali Basak"Black Swan" author Nassim Nicholas Taleb says the deficit is reaching a point where the damage would take a miracle to reverse.
January 29, 2024
Tax Bill With 100% Bonus Depreciation May Get House Vote This WeekIt also expands the small business expensing cap, increasing the immediate write-off to $1.29 million.
January 28, 2024
Calling Clients About Life and Annuities? There Are Laws for ThatThe penalty for a violation can range from $500 to $20,000.
January 24, 2024
Senator Probes Medicare Plan Distributors on Marketing TacticsSen. Ron Wyden, the finance chair, wants to know how much leads cost and how users vet them.
January 23, 2024
Debate: Would This HSA Expansion Bill Help Taxpayers?Legislation would increase contribution limits while also allowing employers to fund individual accounts in lieu of offering coverage.
January 22, 2024
Retirement Policy: What to Expect in 2024 and BeyondInvesco's government affairs chief expects continued work behind the scenes even as the election takes the spotlight.
January 19, 2024
House Panel Advances Tax Bill With 100% Bonus DepreciationThe bill also expands the small-business expensing cap and the Child Tax Credit.
January 18, 2024
Congress Approves Funding to Avert Government ShutdownThe short-term package gives lawmakers time to finish talks on annual funding for the fiscal year that began Oct. 1, 2023.