Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Yellen and Republicans Spar Over Tax Cuts
By Jarrell Dillard & Chris CioffiThe Treasury chief says Biden wants revenue-raising measures to cover cuts in place for those earning under $400,000.
April 24, 2024
Ultra-Rich Should Pay to Save Social Security: PollMore than half want to trim benefits for high-earners and tax wages beyond the first $168,600 in earnings.
April 19, 2024
Top Lawmakers 'Pulling Out All the Stops' to Pass Tax Bill With 100% Bonus DepreciationSen. Ron Wyden says it's critical to millions of businesses, but stiff GOP opposition remains in the Senate.
April 18, 2024
UnitedHealth CEO Warns of 3-Year Medicare SqueezeThe health care services giant also faces ransomware problems and a $7 billion loss in Brazil.
April 18, 2024
House Panel OKs Bill to Limit Data Collection From InsurersThe House Financial Services Committee also rejected new FSOC rules for deciding which nonbanks need Fed oversight.
April 17, 2024
Health Care and Retirement Expenses Stress American Women: SurveyPoll participants expressed strong support for federal policy solutions that could help with these issues.
April 16, 2024
Critics Continue Fight Two Unpopular Social Security ProvisionsSocial Security's windfall elimination provision and government pension offset rules can be particularly hard on surviving spouses.
April 09, 2024
Tax Bill With 100% Bonus Depreciation May Move Forward in SenateThe proposed legislation, which passed the full House about 10 weeks ago, may get attached to a Senate bill.