Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Inflation Near 40-Year High Shocks Americans, Spooks Washington
By Reade Pickert and Matthew BoeslerAlready-hot inflation is forecast to climb to 6.8%. That would be the highest rate since Ronald Reagan was president.
December 08, 2021
Andy Friedman Predicts Fate of Build Back Better BillWhile final terms of the trimmed-down $1.75 trillion spending and tax plan are unclear, he expects SALT relief is coming.
December 08, 2021
Watch Out for This Tax Bomb: Jamie CoxThe advisor and Wall Street Journal expert panelist shares his views on the latest economic issues and financial regulation.
December 07, 2021
5 RMD Bills Introduced in 2021Secure 2.0 aims to raise the RMD age to 73 starting Jan. 1, 2022, but the measure has not yet been taken up by the full House.
December 07, 2021
Time to Vote on Social Security 2100 Bill: Rep. LarsonTuesday's hearing should be followed by a markup of the bill, the legislator said, but he didn't specify a date.
December 07, 2021
Deal to Raise Nation's Debt Ceiling Reached in CongressIf the plan goes through, the debt limit increase could pass Congress before Dec. 15.
December 07, 2021
10 Top Annuity Bills Introduced in 2021Lawmakers were busy introducing annuity-related bills this year as sales of the products were booming.
December 06, 2021
Schumer Aims to Push Biden Economic Bill Through Before HolidayAll Senate Democrats have yet to sign onto the $2 trillion package now under discussion, including Joe Manchin and Kyrsten Sinema.