Legislative branch

Watch breaking news videos and read news updates about Legislative Branch on pionline.com

  1. Hedge funds, banks come under fire for basket options

    trueRenaissance Technologies, Barclays Bank PLC, and Deutsche Bank AG were criticized Tuesday for misusing structured financial products to avoid taxes and banking leverage limits.

    Articles

  1. House passes pension funding changes in Highway Trust Fund legislation

    trueMore generous pension funding calculations for defined benefit plans were approved Tuesday by the House, 367-55, as part of legislation extending the Highway Trust Fund.

    Articles

  2. Senate's pension smoothing extension shorter than House proposal

    trueThe Senate Finance Committee called for pension funding stabilization, or smoothing, as part of a funding package for the Highway Trust Fund approved Thursday.

    Articles

  3. House panel approves 2 bills to change FSOC authority

    trueHouse Financial Services Committee approved two bills Friday that would change or delay efforts by the Financial Stability Oversight Council to identify emerging risks in the financial system. The 32-27 votes on each bill were split along party lines, with Republicans for and Democrats against ...

    Articles

  4. FSOC hears from money managers, House critics on systemically important designations

    trueFinancial Stability Oversight Council should “cease and desist” its review of money managers and other financial institutions that might be designated systemically important, House Financial Services Committee Chairman Jeb Hensarling, R-Texas, said Tuesday at a hearing on the designation process.

    Articles

  5. Sen. Rubio calls for opening TSP to private workers

    trueThe $403.9 billion Thrift Savings Plan, Washington, should be open to non-governmental employees who do not have access to workplace retirement savings, Sen. Marco Rubio, R-Fla., proposed Tuesday.

    Articles

  6. Rep. Roe wins public service award for multiemployer pension reform efforts

    trueRep. Phil Roe, R-Tenn., received the International Foundation of Employee Benefit Plans' Public Service Award on Tuesday.

    Articles

  7. House passes Ryan budget with higher federal pension contributions

    trueThe House of Representatives approved a fiscal 2015 federal budget Thursday that reduces corporate and personal tax rates and raises federal employees' pension contributions.

    Articles

  8. Misguided search for revenue

    trueThe federal government's appetite for more revenue to feed an expanding federal budget threatens to jeopardize retirement income security.

    Articles

  9. Ways and Means committee chairman wants carried interest tax rate eliminated

    trueHouse Ways and Means Chairman Dave Camp, R-Mich., on WednesdayFeb. 26 unveiled a draft proposal for comprehensive tax reform that calls for eliminating private equity firms’ carried interest tax rate and trims tax advantages of retirement savings for higher-income workers.

    Articles

  10. Companies bracing for 1-2 retirement punch

    trueDespite the growing drumbeat in Washington to stimulate more retirement savings, the prospect for real change is dim, and retirement plan sponsors are braced for more bad news from Congress and the White House.

    Articles

  11. Retirement: A welcome focus from the State of the Union

    trueNot too long ago, talk of a retirement crisis, the reaction, more often than not, was “I'll believe it's a crisis when people start acting like it's a crisis.”

    Articles

  12. Harkin's universal retirement plan called a good start despite some hurdles

    trueAn ambitious idea for a universal retirement program introduced Jan. 30 by Sen. Tom Harkin, D-Iowa, is being welcomed for advancing a national debate on ways to improve retirement security, but it faces an uphill climb in Congress.

    Articles

  13. Universal retirement legislation submitted by Harkin

    trueSen. Tom Harkin, D-Iowa, introduced legislation Thursday that would make universal retirement coverage available to an estimated 75 million Americans who are without access to workplace retirement plans or are self-employed.

    Articles