Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Trump Organization Hit With $365M Fine in Fraud Trial
By Erik Larson, Patricia Hurtado & Greg FarrellTrump is sure to appeal, potentially dragging out a final resolution of the case well beyond the November election.
February 15, 2024
SALT Deduction Bill Fails Test Vote in HouseRep. Lawler, R-N.Y., said that, while disappointed, he'd keep up the fight for his bill.
February 14, 2024
SALT Deduction Bill Heads for House VoteThe SALT Marriage Penalty Elimination Act would double the deduction cap for joint filers for 2023.
February 14, 2024
IRS Sets Saturday Office HoursFunding to expand the availability of taxpayer assistance centers comes from the Inflation Reduction Act.
February 13, 2024
SALT Deduction Bill to Get Procedural Vote WednesdayThe SALT Marriage Penalty Elimination Act would double the cap to $20,000 for couples earning less than $500,000.
February 08, 2024
Here's What's Wrong With Ending 401(k) Tax Breaks to Fund Social Security: ICI EconomistOne can portray the U.S. retirement system as unfair, but the real picture is nuanced, Peter Brady says.
February 08, 2024
House Panel OKs Bipartisan Preventive Health Measures AnalysisLawmakers renamed H.R. 766 in honor of Rep. Michael Burgess, who is retiring.
February 08, 2024
House Passes Health Anti-Discrimination BillThe legislation would prevent federal health programs from using quality-of-life measures in coverage decisions.