Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Will State Auto-IRA Programs Become the Norm?
By John ManganaroNineteen states now offer such programs, which are already having a positive effect on workers' ability to save for retirement.
June 26, 2023
Secure 2.0 Needs Catch-Up Contribution Fix Before It's Too Late, Groups UrgeMany participants could be barred from making these contributions in 2024 if a drafting error isn't addressed soon.
June 22, 2023
New Bill Targets Social Security Work Disincentives for Disabled AmericansThe legislation's sponsors say Americans with disabilities should not lose out on their benefits just for seeking to work.
June 22, 2023
Spending Bill Kills SEC's New Custody Rule, Reg Best ExecutionThe bill bars the SEC from using funds to finalize or implement these two rules and others.
June 22, 2023
House Passes Revamped Employer Cash-for-Coverage BillThe original H.R. 3799 language introduced by Kevin Hern is now part of a bigger package.
June 21, 2023
Bill to Claw Back Bank Execs' Bonuses Gets Senate Panel's ApprovalThe bill follows a public outcry sparked by executives at SVB and other failed banks receiving generous bonuses.
June 21, 2023
New Social Security Bill Boosts Survivors BenefitThe surviving spouse would get 75% of the combined couple's benefit; another bill boosts the caregiver's credit.
June 19, 2023
Biden 2024 Kickoff Focuses on Economy, Wealthy"It's time for millionaires and billionaires and big corporations to pay their fair share," he said Saturday to a crowd of union workers in Philadelphia.