Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Biden to Push for 25% Billionaire Tax, Capital Gains Hike on Rich
By Laura Davison and Justin SinkThe proposal would nearly double the long-term capital gains rate for investors earning $1 million or more.
March 02, 2023
Senate Panel OKs Veterans Long-Term Care BillS. 141 would promote efforts to increase the percentage of veterans getting care at home.
March 02, 2023
Anti-ESG Bill Passes Senate as Biden Threatens First VetoThe bill strikes down a Labor Department rule allowing retirement plans to weigh climate change and ESG factors.
March 01, 2023
New Bill Creates Social Security, Medicare 'Lock Box'The bill would block the Social Security and Medicare Part A trust funds from investment in U.S. bonds.
March 01, 2023
Senate Set to End Labor's ESG RuleThe expected move by Republicans and some Democrats is likely to be vetoed by the president.
March 01, 2023
New House Data Privacy Bill Could Limit State Insurance Regulators' AuthorityInsurance groups want changes. An electronic privacy group hates the reliance on disclosures.
February 28, 2023
3 Annuity Rule Changes on IRI's New Wish ListMany IRI Blueprint provisions ended up in the Secure and Secure 2.0 acts. Now, there's more.
February 28, 2023
House Passes Notarization Bill by Voice VoteIRI says the measure could make it easier to complete retirement services transactions online.