Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
New Bill Requires IRS to Create Short Form for Taxpayers Living Abroad
By Melanie WaddellThe bill would also expand the Foreign Earned Income Exclusion to include retirement income earned overseas.
September 07, 2023
New Bill Would Force Vote on Acting Labor Secretary's NominationThe bill would prevent Julie Su and future nominees from serving in an "acting" capacity past 210 days.
August 24, 2023
New Bill Expands REIT Pass-Through Deduction to BDCsThe bill could be attached to a year-end tax bill paired with a budget deal.
August 17, 2023
New Retirement Bill Stops Spouses From Emptying 401(k)sThe Women's Retirement Protection Act of 2023 sets up spousal protections for 401(k)s, among other provisions.
August 14, 2023
Schwab-TD Deal Unlikely to Unravel Due to Biden's Draft Merger Guideline"Unwinding mergers after the fact is exceedingly difficult," a Georgetown antitrust expert said.
August 04, 2023
New Social Security 2100 Act Would Revamp COLA, Expand Payroll TaxSocial Security advocacy groups applaud the bill for, among other measures, its new proposal for calculating COLAs.
August 02, 2023
New Bill Would Help Social Security Lump-Sum Recipients Avoid Tax HitThe bill would help SSDI recipients avoid a big tax bill when their benefits start.
August 01, 2023
U.S. Credit Rating Downgraded From AAA by FitchThe ratings group had warned that it might trim the nation's credit grade in May, when lawmakers fought over raising the nation's borrowing limit.