Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Labor Secretary Considers Rewrite of Pension Risk Transfer Rules
By Allison BellJulie Su, the acting DOL head, told Congress she's looking at issues such as private equity ownership and reinsurance.
June 10, 2024
New Bill Gives More Time to Respond to Social Security Clawback NoticesThe Social Security Overpayment Fairness Act gives beneficiaries 120 days to respond before collection begins.
June 07, 2024
Trump Tax Cut Renewal Is Winning Wall Street Despite $4.6T Price TagMany conservatives say the cuts will pay for themselves, but independent analyses show that has not happened.
June 06, 2024
Debate: Should Republicans Fast-Track Renewal of the 2017 Tax Cuts?Republicans in Congress are preparing a push to renew the cuts with a simple majority, using budget reconciliation.
June 04, 2024
Why 2024 Is a Pivotal Year for TaxesPrepare for a tax fight as the Trump-era cuts expire, says Jeff Bush of The Washington Update.
June 04, 2024
House Spending Bill Cuts SEC Budget, Curbs CAT Data CollectionThe legislation would also block enforcement of the unpopular Staff Accounting Bulletin 121 on digital assets.
June 03, 2024
Bill to Cap Out-of-Pocket Medicare Costs ReturnsThe bill would limit annual costs to an inflation-adjusted $6,700 and create a plan for all ages.
May 31, 2024
Good Options for 'Saving' Social Security Are Disappearing Fast: Alicia MunnellThe choices get harder the longer lawmakers wait, the Center for Retirement Research director warns.