Tag: congress

A Republican lawmaker is pushing forward with a retirement account withdrawal plan even after the president expressed skepticism.

Despite previous proposed cuts, under the latest version, the agency would receive the same funding as last year.

The House of Representative’s bill aims to make it harder for fiduciaries to consider environmental, social and governance factors when...

Both sides of the aisle expressed interest in more choices for  annuities in retirement plans, but only Democrats pushed for...

If passed, the legislation would require pharmacy benefit managers to act in the best interests of employees who rely on...

The 2026 National Defense Authorization Act restricts US investors from investing in China’s military and strategic sectors.

The new Commodity Futures Trading Commission chair was confirmed as lawmakers consider expanding the commission’s authority over cryptocurrencies.

The proposed legislation mandates that employers with at least 10 employees, who do not currently offer a retirement plan, must...

The Senate will next vote on the INVEST Act, which includes new safeguards for senior investors and a broadening of...

The Senate HELP Committee also looked at proposals over ESG-oriented investing and early career savings.

The House and Senate bills would help workers consolidate retirement savings by allowing rollovers from Roth IRAs into employer-sponsored Roth...

The 64-page bill proposes a new certification exam for ‘accredited investors’ and would allow 403(b) plans to invest in the...

House Republicans’ remarks on ‘predatory’ prohibited transaction claims came shortly after SEC Chairman Paul Atkins pushed for deregulation at the...

The two bills aim to discourage unmeritorious ERISA lawsuits and expand in-service rollover options.

Senator Bill Cassidy’s reintroduced bill that would solidify guidance offered during President Donald Trump’s first term that fiduciaries must only...

President Trump's original executive order does not amend any laws itself; it only instructs regulators to offer sub-regulatory guidance.

Daniel Aronowitz, the recently confirmed head of the Employee Benefits Security Administration, has also expressed support for employee stock ownership...

The bills, which lack Republican support, also aim to ensure that federal employees have access to TSP loans during government...

Many logistical issues remain for the pilot program that will open $1,000 investment accounts for newborn U.S. citizens.

In a letter to the SEC Chairman, nine Republican members of the House Committee on Financial Services urged swift action.