Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
New Bill Creates Medicare Part E, Open to All
By Melanie WaddellMedicare Part E would be available to every individual who is not already eligible for Medicare or Medicaid.
August 11, 2021
Gensler to Sen. Warren: SEC Needs More Authority to Regulate CryptoRegulators "would benefit from additional plenary authority to write rules for and attach guardrails to crypto trading and lending," Gensler says.
August 10, 2021
Senate Passes $550B Infrastructure Plan in Win for BidenThe Senate, though, didn't get full consent for the approval of a bipartisan effort to replace a broad cryptocurrency tax reporting provision with a more narrowly targeted measure.
August 09, 2021
Democrats Release Budget Enabling Biden's $3.5T Tax, Economic PlanThe blueprint let Democrats raise taxes on the wealthy; it also tells lawmakers to expand the state and local tax, or SALT, deduction.
August 05, 2021
New Bill Closes 'Entire' Carried Interest Tax LoopholeWyden's bill would end the recharacterization of income to lower-taxed investment income and the deferral of tax payments.
August 02, 2021
The Winners and Losers in the $550B Bipartisan Infrastructure BillHere's how cryptocurrency industry, commodity firms, internet providers, drugmakers and others are likely to fare.
July 30, 2021
House Panel Passes Bills on Family Offices, Payment for Order FlowOrder Flow Improvement Act directs the SEC to study and consider banning or limiting the payment for order flow in the form of exchange rebates or payments from market centers to broker-dealers.
July 29, 2021
8 Retirement Planning Bills to Watch in 2021In the past three months, lawmakers have floated bills to raise the RMD age, allow penalty-free 401(k) withdrawals and more.