House Democrats pass Inflation Reduction Act featuring corporate, stock buyback taxes
August 12, 2022 05:48:31 PMThe House passed a climate and spending bill that includes provisions to establish a 15% minimum corporate tax rate and 1% tax on stock buybacks.
Senate Democrats nix private equity tax in climate, prescription drug bill
August 08, 2022 03:07:50 PMSenate Democrats passed a wide-ranging bill but did not subject businesses owned by private equity firms to a 15% minimum corporate tax rate.
Carried interest provision cut from Senate Democrats' reconciliation bill
August 05, 2022 01:16:10 PMA provision that would have raised taxes on wealthy private equity and hedge fund managers' income was removed from the Inflation Reduction Act.
Senate Democrats press ahead with proposal to close ‘carried interest loophole’
July 29, 2022 11:59:34 AMSenate Democrats have introduced legislation that would raise taxes on wealthy private equity and hedge fund managers' income.
Senate committee debates bill to curb money managers' voting influence
June 14, 2022 03:02:21 PMThe Senate Banking Committee debated a bill that would require large passive managers to vote proxies from individual investors' instructions.
Bipartisan bill introduced to give CFTC additional crypto oversight
April 29, 2022 12:11:32 PMA bipartisan bill that would require crypto trading exchanges to register with the Commodity Futures Trading Commission has been introduced in the House.
House passes SECURE 2.0 bill
March 29, 2022 06:08:04 PMThe House overwhelmingly passed a bipartisan retirement security bill in a 414-5 vote.
Bill banning institutional investment in Russian securities introduced
March 07, 2022 12:51:16 PMA bill that would prohibit U.S. institutional investors from investing in Russian-back securities has been introduced in the Senate.
Senators introduce bipartisan LIBOR transition bill
March 03, 2022 01:17:44 PMA bipartisan group of senators introduced a bill to provide a replacement framework for outstanding financial contracts tied to LIBOR.
Senators float 2% tax on stock buybacks
September 10, 2021 03:16:04 PMDemocratic Sens. Sherrod Brown and Ron Wyden introduced a bill to implement a 2% tax on stock buybacks.
Bill to expand saver’s tax credit reintroduced in Senate
July 27, 2021 12:02:59 PMA group of Senate Democrats reintroduced a bill aimed at broadening the saver's credit to help workers better save for retirement.
Senate rejects motion on bipartisan infrastructure deal as negotiations continue
July 21, 2021 05:20:39 PMA motion to move forward with a bipartisan infrastructure deal failed in the Senate, but there is still optimism it will ultimately pass.
White House, senators reach infrastructure agreement
June 24, 2021 11:31:09 AMThe White House and a bipartisan group of senators struck a deal on a $559 billion framework aimed at fixing the nation’s infrastructure.
House Democrats reintroduce sustainable investing bills
May 28, 2021 10:11:55 AMHouse Democrats reintroduced bills to require retirement plan fiduciaries to take into account and explain how ESG factors are considered.
Bill to prohibit TSP investments in China floated
May 20, 2021 01:53:35 PMA bill that would forbid Thrift Savings Plan assets from being invested in Chinese companies has been introduced in the Senate.
SECURE 2.0 getting good reviews but fate uncertain
May 17, 2021 12:00:00 AMA SECURE Act 2.0 package is making its way through the House with bipartisan support, but the bill's path forward is uncertain.
Regulators endorse federal LIBOR transition bill
April 16, 2021 12:25:02 PMLawmakers and regulators called for legislation to provide a replacement framework for outstanding financial contracts tied to LIBOR.
New York Legislature passes LIBOR transition bill
March 25, 2021 02:02:04 PMLawmakers in New York passed a bill to provide a replacement framework for outstanding financial contracts tied to LIBOR.
Lawmakers float bill to ban SEC gathering of audit trail data
March 19, 2021 02:46:28 PMGOP lawmakers introduced a bill to prohibit the SEC from requiring personal information be collected under consolidated audit trail rules.
House Republicans reintroduce bill to prohibit financial transaction taxes
March 04, 2021 12:56:26 PMTwo key Republican House members have reintroduced a bill that would prohibit states from imposing taxes on financial transactions.
House Democrats float sustainable investing bills
December 15, 2020 01:31:46 PMHouse Democrats introduced two bills that would require retirement plans to take ESG factors into account when making investment decisions.
Senate talks multiemployer crisis, expanding retirement coverage
December 09, 2020 03:59:55 PMA bipartisan group of lawmakers is negotiating a deal to solve the multiemployer pension fund crisis.
House Republicans introduce bill to forbid financial transaction taxes
November 05, 2020 02:33:29 PMTwo key Republican House members have introduced a bill that would prohibit states from imposing taxes on financial transactions.
Senators introduce bill to allow catch-up retirement contributions
July 24, 2020 11:24:59 AMSome Republican senators introduced a bill that would permit individuals to make catch-up retirement contributions in 2021 and 2022.
10 years in, Dodd-Frank takes on new meaning
July 21, 2020 03:16:45 PMThe 10th anniversary of the signing of Dodd-Frank into law brings questions about the nation's structural inequalities caused by COVID-19.