Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Social Security Advocates Call for Clean Debt Ceiling Bill
By Melanie WaddellSpeaker McCarthy says the House will pass his $1.5 trillion plan, which freezes spending levels, this week.
April 20, 2023
How Rich Is the Supreme Court?Based on 2021 financial disclosures, at least six of the Supreme Court justices are multimillionaires.
April 19, 2023
Speaker McCarthy Proposes $1.5T Debt-Limit IncreaseHis bill also contains a host of conservative proposals that are non-starters with Democrats.
April 19, 2023
New Bill Would Cut Thresholds for Accredited InvestorsThe bill runs counter to the SEC's stated goal of increasing the income and net worth thresholds.
April 18, 2023
House Dems Revive Bill to Close Carried-Interest LoopholeThe Ending Wall Street Tax Giveaway Act would tax carried interest as ordinary income.
April 18, 2023
Bernie Sanders Floats New Estate Tax BillThe legislation aims to reduce the estate tax exemption to $3.5 million.
April 17, 2023
GOP Lawmakers Mull Social Security, Medicare CommissionAs Rep. McCarthy says a debt-limit bill is coming, talk swirls that it won't be without conditions.
April 13, 2023
Rep. Gaetz Pushes for Talks to Raise Social Security Age"I do question that, forever and always, we are going to have the same retirement age," said the Republican congressman from Florida.