Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
No Tax on Overtime: What to Know in Filing Season
By Robert Bloink and William H. ByrnesThe IRS has released an FAQ on the deduction for qualified overtime compensation.
January 27, 2026
New Bill Calls for Advance Notice of Social Security Field Office ClosureThe bill, sponosed by Rep. Gwen Moore, requires SSA to give 180 days' notice.
January 23, 2026
Bill Seeks to Modernize Advisor Payment RulesThe Clarity for Compensation Act would "permanently allow commission payments to be made directly to advisors' business entities."
January 23, 2026
New Bill Aims to Help New Homebuyers With Tax Break for Older SellersThe American Dream Act creates an incentive to sell properties worth $500,000 or less to first-time buyers.
January 22, 2026
House Votes 341-88 for 'Minibus' Spending PackageThe package includes funding for the SEC and the IRS, along with efforts to update Medicare.
January 21, 2026
Debate: Should Congress Act to Annuitize Retirement Savings?Potential tools would encourage the use of lifetime income options within 401(k)s and other DC plans.
January 13, 2026
Trump Seems Uncertain About Senate ACA Subsidy Extension BillHe told a reporter he "might" veto an extension bill.
January 09, 2026
House OKs Affordable Care Act subsidy boost extension by 230-196 voteOne question is whether interest in the issue could create openings for retirement or health account legislation.