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Policy · 117th Congress

Investors press firms on donations as political spending jumps

The party’s voting and ethics overhaul, known as HR 1 in the House and S 1 in the Senate, includes provisions that would repeal the restriction on use of SEC funding to finalize rules related to political

Policy · 117th Congress

Investors object to CEO pay in judgment on pandemic response

Companies’ decisions to exclude COVID-19’s business impact when finalizing the size of bonuses and stock packages for their highest-paid executives are triggering more objections than ever, investor

Congress · 117th Congress

Senators ponder faster trade settlement after GameStop frenzy

Toomey, R-Pa., directed questions to former Securities and Exchange Commission member Michael S. Piwowar, who led the agency’s previous efforts to shorten settlement from three days to two. 

Policy · 116th Congress

Top House tax writers unveil retirement savings proposal

The bill would also increase the age for required minimum distributions from 401(k)s and other tax-favored retirement plans from 72 to 75 years old, adding options for older savers wrestling with

Policy · 116th Congress

Death draws lawmakers’ scrutiny to Robinhood’s trading app

The apparent suicide of a 20-year-old investor on Robinhood Markets Inc.’s phone-based securities trading app after what appeared to be significant losses has attracted scrutiny in Congress, with lawmakers

Policy · 116th Congress

Delayed COVID-19 aid spurs search for faster payments

The push for a U.S. central bank digital currency has slowly built momentum in Congress as policymakers have grappled with financial stability and national security concerns caused by Facebook Inc.’s

Policy · 116th Congress

Rules, privacy issues loom for fintech industry in 2020

Facebook Inc.’s midyear announcement that it planned to launch a cryptocurrency, Libra, upended the industry’s focus, tilting the legislative strategy from pressing hard for beneficial bills to staying