Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Social Security Administration Would Face 23% Cut Under GOP Debt Ceiling Bill: Lobbyist
By Melanie WaddellSuch a cut would produce "longer wait times for benefits and to reach SSA representatives," says Max Richtman.
April 24, 2023
Social Security Advocates Call for Clean Debt Ceiling BillSpeaker McCarthy says the House will pass his $1.5 trillion plan, which freezes spending levels, this week.
April 24, 2023
New HSA Bill Could Help Working Medicare EnrolleesH.R. 2769 would let employed clients over age 65 add cash to HSAs.
April 20, 2023
New Bill Allows 529 Plans to Be Tapped for CFP, CPA ExamsThe bill would allow use of college savings plan money to pay for maintaining postsecondary credentials.
April 20, 2023
How Rich Is the Supreme Court?Based on 2021 financial disclosures, at least six of the Supreme Court justices are multimillionaires.
April 19, 2023
Speaker McCarthy Proposes $1.5T Debt-Limit IncreaseHis bill also contains a host of conservative proposals that are non-starters with Democrats.
April 19, 2023
New Bill Would Cut Thresholds for Accredited InvestorsThe bill runs counter to the SEC's stated goal of increasing the income and net worth thresholds.
April 18, 2023
House Dems Revive Bill to Close Carried-Interest LoopholeThe Ending Wall Street Tax Giveaway Act would tax carried interest as ordinary income.