Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Who Can Regulate the Crypto Market?
By Bernice NapachA House subcommittee hearing explored whether regulators have the power to police this sprawling market or congressional action is needed.
June 24, 2021
Lawmakers Revive Annual Social Security Statement BillThe bill clarifies the requirement for SSA to mail an annual Social Security statement to all workers 25 and older.
June 24, 2021
Biden Says He Has $559B Infrastructure DealSuccess also will hinge on whether Biden can assure progressive Democrats in the House and Senate.
June 22, 2021
5 Planning Strategies to Use if Biden Repeals Stepped-Up BasisSuch a move would reverse "a century of tax law" and have "far-reaching ramifications," says tax expert Andy Friedman.
June 09, 2021
New Senate Retirement Bills Aim to Raise RMD Age, IRA Contribution LimitsBills give workers "more control over their own retirement savings," Sen. Kennedy said.
June 01, 2021
2 Tax Surprises Revealed in Biden's BudgetBiden's proposal to eliminate the step-up in basis at death went further than expected, Andy Friedman says.
June 01, 2021
Bill Would Allow Penalty-Free Withdrawals from 401(k)s, IRAsThe Enhancing Emergency and Retirement Savings Act of 2021 would allow one distribution per calendar year.
June 01, 2021
Biden Budget Battle Complicates Secure Act 2.0 TimingPresident Joe Biden's just-released budget could affect which parts of the retirement bill ultimately survive, attorney Brad Campbell says.