Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
S&P 500 Could Plunge 20% if U.S. Fails to Raise Debt Ceiling: UBS
By Emily GraffeoThe analysis by the bank's strategists was posted Friday morning, before bipartisan talks in Washington were put on a "pause."
May 18, 2023
Older Workers Are Stuck in Tough, Risky JobsThere's a "looming retirement crisis," and expecting people to work longer is an unrealistic solution, Teresa Ghilarducci says.
May 17, 2023
Kotlikoff Joins Laffey Presidential Campaign as Chief Economic AdvisorCampaign leaders say the economist will help present a vision that will resonate with voters of all stripes.
May 10, 2023
6 New Estate Tax Bills in Congress NowProposals range from hiking rates on the super-rich to eliminating estate taxes entirely.
May 09, 2023
White House, McCarthy Disavow Short-Term Debt-Limit ExtensionTreasury Secretary Janet Yellen says the U.S. could exhaust its ability to meet its obligations by June 1.
May 04, 2023
New Retirement Bill Expands 403(b) Fund MenuThe bill would allow 403(b)s to invest in "lower-cost" options available in other types of retirement plans.
May 04, 2023
NAIFA to Move HeadquartersThe agent and advisor group's new neighbors could include Politico and Raytheon.
May 02, 2023
Call for Glass-Steagall Revival Grows as Bank Failures MountThe bill could be part of a new wave of debate about the Dodd-Frank Act.