Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
New House GOP Budget Includes Fiscal Commission to Mull Social Security Cuts
By Melanie WaddellThe budget resolution "will be DOA in the Senate," a Social Security advocate says.
March 04, 2024
Watch Out for These Potential Tax Changes in 2024Changes could affect such areas as first-year depreciation and interest deductions, plus the child tax credit.
February 29, 2024
Nationwide Exec to Senate: DOL Fiduciary Rule Would Hurt WorkersThe fiduciary fight is a "major distraction" from efforts to boost retirement savings, Eric Stevenson said.
February 29, 2024
Senators Introduce E-Delivery BillThe bill requires the SEC to allow financial firms to deliver their documents in digital format.
February 23, 2024
California Legislature OKs Annuity Sales Rule UpdateApproval gives Gov. Gavin Newsom a chance to weigh in on financial services regulation.
February 21, 2024
New Ownership Reporting Rules Probably Apply to Your Small-Business ClientsOwners of existing businesses, including LLCs, must disclose ownership to FinCEN by Jan. 1.
February 21, 2024
Axcelus, John Hancock Top the Senate Finance Private Life RankingsRon Wyden, a critic, surveyed seven providers and collected data on the ultra-high-net-worth clients' policies.
February 16, 2024
The Case for Cutting High Earners' Social Security BenefitsCato Institute scholar Romina Boccia weighs whether cuts to wealthy retirees' Social Security benefits could preserve the program.