Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
BofA, BNY Sued Over Alleged Ties to Epstein Sex-Trafficking
By Chris DolmetschClass-action lawyers accuse Bank of New York of processing $387 million in payments to women trafficked by the financier.
October 13, 2025
New Bills Allow Penalty-Free Retirement Plan Withdrawals During ShutdownRecently introduced legislation would help federal workers and contractors access retirement accounts.
September 22, 2025
6 New Social Security Bills in Congress NowA number of measures have been introduced this year, but retirees need more help, according to one advocate.
September 19, 2025
Debate: Should Limits Be Placed on a SALT Cap Workaround?After the 2017 tax overhaul, many states created pass-through entity tax (PTET) to bypass the $10,000 cap.
September 19, 2025
House Passes GOP Funding Bill, Sets Up Senate ShowdownDemocrats are under increasing pressure to risk a government shutdown Oct. 1.
September 18, 2025
Billionaire Tax Bill Is BackThe bill would raise more than $500 billion without increasing tax rates, said Sen. Ron Wyden.
September 18, 2025
House Panel Advances Social Security Claiming BillThe Claiming Age Clarity Act seeks to update the language used to describe when workers can claim retirement benefits.
September 08, 2025
Ed Slott: How to Weigh Roth Conversions Against Trump's New Tax CutsThe long-term gain may justify the pain of losing a deduction when the conversion is made, Slott says.