Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
June 14, 2023
Health Insurers Work to Reinvent ThemselvesAHIP is emphasizing its members' value as care managers and inflation fighters.
June 14, 2023
House Panel Passes GOP Tax Plan to Raise Standard DeductionEd Slott said the plan included "common sense" provisions. The panel's top Democrat called it "Tax Scam 2.0."
June 13, 2023
Social Security Could Look 'Completely Different' for Younger Clients: Jeff Bush"All the variables of the Social Security formula" will be up for debate, the political analyst says.
June 12, 2023
Big GOP Tax Package Would Boost Standard DeductionThe legislation would also repeal a controversial IRS reporting change for payments through apps like PayPal and Venmo.
June 12, 2023
New Bill Would Ease Use of Annuities as 401(k) Plan Default OptionsH.R. 3942 has a Democrat and a Republican as sponsors and strong support from TIAA.
June 08, 2023
House Passes Bill to Create Senior Fraud Task ForceThe Senior Security Act would direct the SEC to set up a task force on protecting older adults from scams.
June 07, 2023
House Panel Advances Social Security Identity Theft BillsThe "epidemic" of Social Security scams is "out of control," says Mary Johnson of The Senior Citizens League.
June 06, 2023
Social Security Cuts on the Table as McCarthy Assembles CommissionHouse Speaker Kevin McCarthy intends to create a group to scrutinize spending, including on Social Security and Medicare.
June 05, 2023
House Advances Bills to Expand Accredited Investor DefinitionThe full House passed late Monday the Accredited Investor Definition Review Act and the Fair Investment Opportunities for Professional Experts Act.
June 05, 2023
Auto-IRA Bill Advances in Pennsylvania LegislatureAs drafted, the Keystone Saves program would utilize automatic enrollment, but participation would not be mandatory for employees.