Budget season is officially underway in Washington as the White House has proposed a $6 trillion federal budget for the next fiscal year.

Sen. Elizabeth Warren ripped the Federal Reserve for its oversight of Credit Suisse Group in the run-up to Archegos Capital's implosion.

Legislation that would end carried interest for investment managers was introduced by a group of Senate Democrats.

President Biden called for higher rates for the highest income earners, and ending carried interest and lower tax rates for capital gains.

Alex Oh, who was named head of the SEC's enforcement division last week, abruptly resigned, a setback for new Chairman Gary Gensler.

President Joe Biden will need to overcome a major political hurdle in his bid to end preferential tax treatment of investment income.

Sen. Sherrod Brown is demanding answers from Credit Suisse and other banks on their activities related to failed asset manager Archegos.

Treasury Secretary Janet Yellen is giving the U.S. a leading role in working with G-20 nations to find an appropriate minimum corporate tax.

Treasury Secretary Janet Yellen suggested she may not favor singling out the world's biggest asset manager for tougher oversight.

Even though a bill to help caregivers boost their retirement savings hasn't gotten much buzz, it's still managed to gather fans.

Recent volatile trading in GameStop shares may push lawmakers and regulators to revisit rules on short sale disclosure and order execution.

President Joe Biden withdrew nominations for three Federal Retirement Thrift Investment Board nominees made by predecessor Donald Trump.

Satyam Khanna was named senior policy adviser at the SEC in a new position addressing climate and ESG issues.

New guidance on missing participants from the Labor Department is helpful, but for stakeholders it presents concerns of its own.

The pandemic is the Biden administration's priority, but climate risk and other investor issues are on the table.

The Department of Labor appointed five new members to its ERISA Advisory Council.

Gary Gensler, a former head of the main U.S. derivatives regulator, is President-elect Joe Biden's likely pick to lead the SEC.

President-elect Joe Biden chose labor champion Marty Walsh — Boston's mayor — as his pick for labor secretary in his new administration.

President Trump reintroduced three nominations to the Federal Retirement Thrift board, along with Judy Shelton to serve on the Fed board.

The nominations of three men to the Federal Retirement Thrift Investment Board has not yet been approved by the full Senate.

President-elect Joe Biden has picked Brian Deese, an executive at BlackRock, to lead his National Economic Council.

The incoming Biden administration is expected to take a less partisan approach as it tackles big problems while navigating a divided Congress.

President Donald Trump said he's "very seriously" considering a capital gains tax cut, a move he decided against last September.

Members of New York's congressional delegation want the state to investigate whether hedge funds manipulated prices of Puerto Rico bonds.

Sen. Chris Van Hollen wants the SEC to disclose the progress it's made into investigatng ‘fraudulent’ letters cited at a December hearing.