Politics

Democrats contend Finance Committee Chair Patrick McHenry has made the regulation of digital assets a priority over industry diversity.

Congress is gearing up for another debt war, and the collateral damage could include Social Security, Medicare and the stock market.

Industry insiders are already pondering the next retirement legislation. Here's what's at the top of their wish list.

SECURE 2.0 fueled an expansion of the 'Cadillac' of nest eggs. Here's what you need to know.

At the start of 2022, Biden administration officials were cautious about how to regulate the commingling of cryptocurrencies and traditional finance. By the end of the year, agencies had taken a tougher stance, and the downfall of FTX portended more of the same in 2023.

Wealthy retirees seem to have scored big in Congress' sweeping year-end spending package.

GOP leaders from Florida to Oklahoma are drafting legislation to clamp down on "woke" investing.

The package is aimed at boosting retirement security for most Americans, but several key provisions are useful for the affluent.

While the new law makes some small fixes, it does little to help the 60 million Americans without retirement plans.

After months of delay, Congress has passed its landmark retirement legislation. Here's what advisors should know about it.

Rohit Chopra, director of the Consumer Financial Protection Bureau, said the bank is "not making rapid progress" and hinted at the possibility of additional restrictions. But analysts saw positives for Wells in the $3.7 billion consent order.

2022 was full of under-the-radar revolutions for the way Americans retire. Here's what happened and what it means for 2023.

The head of the Commodities Futures Trading Commission disputes the idea that his agency would have a "light touch" with digital assets or encroach on the SEC.

As the U.S. recovered from the Great Recession, poorer Americans saw their retirement assets not grow, but decline. What went wrong?

The Infrastructure Investment and Jobs Act provides billions in grants for state and local governments. The challenge now is how quickly and effectively they can spend it amid an inflation–fueled rising–rate environment.

House Financial Services Committee Chair Maxine Waters joined her Republican counterpart on the panel saying FTX's unwinding hastens the need for legislation that outlines crypto regulation.

Cannabis, health care, energy, technology and other equities could swing immediately after the Congressional elections, depending on the outcome.

The Treasury and State departments have quietly urged banking giants including JPMorgan Chase and Citigroup to keep doing business with certain strategic Russian firms, according to people familiar with the situation. Some lawmakers have questioned whether these arrangements are sanctions loopholes.

A growing number of economists and lawmakers think the Fed has gone too far in its battle against inflation. Powell is worried it hasn't gone far enough.

By keeping an eye on the future and potential new tax developments, tax advisors can offer their clients a sense of stability and proactive tax planning.