Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
November 28, 2023
House Panel to Take Up Bill to 'Fast Track' Social Security CutsThe Budget Committee plans to review Wednesday the Fiscal Stability Act, which would set up a fiscal commission.
November 21, 2023
Critics Bash Social Security Windfall Elimination PoliciesIntended to prevent overly generous benefits, two program exceptions affect many multi-career workers' retirements.
November 17, 2023
Biden Signs Bill Averting Shutdown, Teeing Up 2024 Budget BattleThe White House confirmed the move in a statement early Friday, less than a day before existing funding would have expired.
November 17, 2023
New Retirement Bill Lowers Plan Participation Age to 18The bill would allow employers to waive matching contributions and some regulatory requirements for workers 18-20.
November 16, 2023
Labor's Retirement Unit Needs More Funds to Implement Secure Acts: GAOEBSA has been forced to cut staff even as its responsibilities grow, Rep. Bobby Scott says.
November 15, 2023
House Passes Amendments Killing DOL Fiduciary RuleThe amendments are attached to a spending bill that's up for debate Wednesday.
November 14, 2023
Health Agents' Advocate Hopes to Boost Consumers' VoiceJessica Brooks-Woods says patients need affordability and support for the right kind of care, not just coverage.
November 14, 2023
House to Vote on Bill Killing DOL's New Fiduciary RuleA spending bill up for a vote Tuesday would block funds for advancing the rule and related exemptions.
November 13, 2023
House Speaker's Plan to Avert Shutdown Faces Critical 24 HoursThe latest plan to avoid a Nov. 18 shutdown faces opposition from at least eight ultra-conservatives.
November 09, 2023
Senators Debate Tax Avoidance Methods Used by Ultra-WealthyThe politicians did agree, though, that the current tax code invites abuse of its many grey areas.