Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Trump Pushes SALT Republicans to Abandon Further Cap Hike
By Erik Wasson, Ari Natter and Maeve SheeheyHe also spoke with hard-liners seeking deeper Medicaid cuts. But both groups appear to be holding firm.
May 18, 2025
New York Republican Floats Higher Tax Rate to Pay for SALTThe tax bill "has stalled — and it needs wind in its sails," said Rep. Nick LaLota, R-N.Y., on Saturday.
May 16, 2025
The Hottest Tax Legislation Debate Isn’t In WashingtonJoin Professors Byrnes and Bloink on June 11 for a fierce, but friendly, debate about tax policy.
May 16, 2025
Trump Tax Cuts Rejected by House PanelFour ultraconservatives want deeper cuts to Medicaid and a faster phase-out of clean energy tax credits.
May 16, 2025
New Bill Would Require SEC to Update 'Small Entity' DefinitionRaising the threshold, currently $25 million in AUM, would give small RIAs special consideration in federal rulemaking.
May 16, 2025
House Tax Bill Is in TroubleThe current version doesn't have the votes to pass the House, Greg Valliere says.
May 15, 2025
House Tax Bill Offers $4,000 Deduction for SeniorsThe proposal is an alternative to the Trump plan to eliminate the income tax on Social Security benefits.
May 14, 2025
House Tax Bill Extends Crucial Deductions for Business-Owning ClientsThe bill reinstates 100% bonus depreciation and increases the break on qualified business income.