Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
6 Tax Bills in Congress Now
By Melanie WaddellBills in play include estate tax changes and a rebate for money spent on gas.
April 01, 2022
3 Tax Plans in Play in Congress Now: The Washington UpdateThere's "talk in Congress of moving a tax bill" before the midterm elections, political analyst Jeff Bush says.
March 30, 2022
Ed Slott: Secure Act 2.0 Reduces 'Draconian' RMD Penalty, Broadens RothsThe sweeping retirement bill passed in the House Tuesday and is expected to be taken up in the Senate soon.
March 30, 2022
Biden's Billionaire Tax Would Punish Long-Term InvestorsThe plan is a mess, and its main benefit could be achieved by eliminating one loophole in the tax code.
March 28, 2022
Top 10 Retirement Reforms in Bill Up for House Vote TuesdayPassage by the House of the Securing a Strong Retirement Act of 2022, or Secure Act 2.0, is anticipated late tomorrow.
March 28, 2022
Biden Adds New Tax on Wealthy to $5.8T BudgetThe plan calls for a minimum 20% tax rate on income, unrealized capital gains of those worth $100 million as part of $2.5 trillion in tax hikes.
March 25, 2022
Bernie Sanders Floats 95% Corporate Tax Targeting JPMorgan, ChevronThe higher tax rate would target corporate earnings that are above pre-pandemic levels.
March 25, 2022
Debate: Should Retirement Reenrollment Be Made Automatic?The Auto Reenroll Act of 2022 would require workers to reevaluate their decision to opt out of some plans every three years.