Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
House Passes Bill to Create Senior Fraud Task Force
By Melanie WaddellThe Senior Security Act would direct the SEC to set up a task force on protecting older adults from scams.
June 05, 2023
House Advances Bills to Expand Accredited Investor DefinitionThe full House passed late Monday the Accredited Investor Definition Review Act and the Fair Investment Opportunities for Professional Experts Act.
June 05, 2023
Auto-IRA Bill Advances in Pennsylvania LegislatureAs drafted, the Keystone Saves program would utilize automatic enrollment, but participation would not be mandatory for employees.
June 03, 2023
Biden Signs Debt-Limit Deal Into Law, Halting Default RiskThe measure limits federal spending for two years and suspends the debt ceiling through the 2024 election.
June 02, 2023
Debt-Limit Deal Clears Congress, Ending Default ThreatThe 63-36 Senate vote on the bill was carried by moderates in both parties, many of whom aired their misgivings about parts of the deal.
June 01, 2023
Bernie Sanders Prods DOL to Get Moving on Secure 2.0The senator urged the acting Labor secretary, Julie Su, to implement six provisions of the retirement law.
June 01, 2023
What's at Stake for Social Security as Debt Deal Moves to SenateExperts fear reduced resources for the IRS will have unintended consequences.
June 01, 2023
House Passes Bill to Require Accredited Investor ExamUnder the bill, the SEC would devise the exam and FINRA would administer it.