Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Defense Bill Could Help Cannabis Workers Save for Retirement
By Allison BellThe NDAA bill includes the text of the SAFE Banking Act legislation, according to the Insured Retirement Institute.
July 15, 2022
Manchin Says He'll Reconsider Biden's Tax, Climate Plan in SeptemberHe's willing to consider steps to lower prescription-drug prices and extend enhanced Affordable Care Act subsidies in the meantime.
July 15, 2022
Manchin Says No to New Tax Hikes, Climate SpendingThe senator said he's only willing to support legislation to lower prescription drug prices and extend enhanced Affordable Care Act subsidies.
July 13, 2022
Secure Act 2.0: How the House and Senate Bills Compare in 5 Key AreasIan Berger of Ed Slott & Co. lays out several differences between the House-passed bill and the Senate EARN Act bill.
July 13, 2022
Sen. Warren Floats Bill to 'Simplify' Tax FilingAmong other measures, the bill directs the IRS to develop a free, online tax preparation and filing service.
July 13, 2022
Must-Pass Defense Bill Includes AML Rule for AdvisorsThe National Defense Authorization Act includes a provision that would require advisors to adopt anti-money laundering policies.
July 12, 2022
To Save for Retirement, Workers Need an Emergency Savings SolutionAn asset management insider makes the case for the Rise & Shine Act.
July 11, 2022
Biden's Economic Plan Hits Crunch TimeHere's the status of tax, Medicare, drug pricing and other changes in the latest package, which aims to raise about $1 trillion in revenue.