Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
What's Next for Trump's Tax Cuts? One Wealth Advisor's Take
By Jane Wollman RusoffLetting the 2017 law expire would hike taxes “for almost everybody,” enrolled agent Dave Alison says.
November 06, 2024
Ahead of Key Tax Fight, Republicans Win Senate ControlRepublicans have said they intend to extend Trump's 2017 tax breaks and roll back regulations on energy production.
November 01, 2024
Consumer Groups Balk at E-Delivery BillThe legislation, opponents say, makes it harder for investors to find and review important information, including fees.
October 28, 2024
Musk Wants $2T Cut From the Budget. It'd Be DifficultIt would likely entail significant cuts to popular programs such as Social Security, Medicare, Medicaid and veterans' benefits.
October 25, 2024
Debate: Will Taxpayers Benefit From Medicare's New Prescription Payment Plan?The voluntary program allows those with Part D drug coverage to spread costs over the entire year.
October 24, 2024
New Bill Calls for Study of Medicare's Toll-Free LineA comprehensive study would be the first since the Government Accountability Office offered recommendations 15 years ago.
October 18, 2024
New Bill Lets First-Time Homebuyers Take More From IRAsIndividuals could withdraw $25,000 without penalty to purchase their first home, up from $10,000.
October 18, 2024
Clients Can Tap Their 401(k) After a Disaster. Here's What to Know.The Secure Act made significant changes with respect to disaster-related distributions from retirement accounts.