Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
How Reforming Social Security, Medicare Can Be Done
By Karl W. SmithThe GOP wants to mitigate rising costs by, among other things, raising the eligibility age for Medicare to 67 for those born after 1960.
November 17, 2022
Fed to Face Rising Tensions in Next Congress on Inflation and JobsThe Federal Reserve will be an easy target for lawmakers if a downturn results from its tightening campaign.
November 16, 2022
Secure Act 2.0 Could Be Signed Into Law Next MonthJ. Mark Iwry, a retirement official in the Obama-Biden administration, laid out Wednesday where the sweeping retirement bill stands.
November 16, 2022
Lame-Duck Congress Eyes $100B Tax-Cut Deal With Break for BusinessRenewal of a tax break known as bonus depreciation and an expanded child tax credit are on the table.
November 08, 2022
An Investing Guide to the Midterm ElectionsFor sectors like health, energy and tech, the makeup of the next Congress will be key to determining their path forward.
November 08, 2022
Election Day to Deliver Verdict on Biden Agenda, EconomyWith inflation concerns at the top of voters' minds, Biden confronts tough odds of preventing a Republican takeover of one or both chambers of Congress.
November 04, 2022
Manchin Wants Deal on Social Security, Medicare and DebtSome trust funds that support the programs could run out of money in the next 12 years, which would trigger benefit cuts.
November 02, 2022
New House Bill Allows Automatic 401(k) RolloversThe bill enables workers to "manage all their retirement assets in one place," says ERISA attorney Steve Saxon.