Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Democrats Weigh Paring Biden Tax Hike to Win Over Manchin
By Laura Davison, Erik Wasson and Ari NatterThe changes could mean that wealthy households and U.S. corporations end up facing smaller tax hikes than first planned.
June 18, 2022
Second Senate Secure Act 2.0 Bill to Be Discussed Next WeekThe Senate Finance Committee plans to consider Wednesday legislation that includes boosting the RMD age to 75.
June 17, 2022
New Bill Would Allow Rollovers From 529 Plans to Roth IRAsThe bipartisan College Savings Recovery Act would allow unused education savings to be rolled over without penalty.
June 14, 2022
Senate Panel Advances Retirement Bill as Part of Secure Act 2.0 PlanThe Rise & Shine Act has cleared the HELP Committee, bringing a Secure Act 2.0 package a step closer.
June 10, 2022
Sanders' Social Security Bill Would Extend Payroll Tax to Capital Gains for High EarnersThe Social Security Expansion Act would apply the payroll tax to all income above $250,000.
June 07, 2022
Senate Panel Introduces Retirement Bill as Part of Secure Act 2.0 PlanThe Rise & Shine Act, introduced by Sens. Patty Murray and Richard Burr, will be debated June 14.
June 07, 2022
Sweeping Crypto Legislation Targets Stablecoins, MiningThe bipartisan bill is one of lawmakers' most ambitious attempts to regulate the volatile asset class.
June 01, 2022
New Bill Would Bar DOL From Constraining 401(k) InvestmentsThe Financial Freedom Act is likely a reaction to Labor's scrutiny of crypto, Ed Slott and Fred Reish said.