The most comprehensive changes to private retirement plans in more than a decade are gaining momentum in Congress.
div > div.group > p:first-child"> A key House committee on Tuesday unanimously passed a bill intended to increase the flexibility of 401 plans and improve access to the accounts, particularly for small businesses and their employees.
The bill is one of the few proposals with a significant chance of becoming law amid a bitterly divided Congress. Elements of the bill have been debated among members for years and enjoy wide support among both industry groups and advocacy organizations. On Tuesday, Neal called the legislation"a major bipartisan accomplishment."
But those efforts have stalled on their own, said Paul Richman, chief government officer at the Insured Retirement Institute, a trade group. He said the Secure Act aims to"modernize" the system.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
House Democrats can’t agree on how much of the Mueller report should be released to CongressDemocrats on the Judiciary Committee say they want the special counsel’s report released without redactions. But party leadership indicated redactions may be unavoidable.
Read more »
Opinion | Congress must find out how reckless the White House has been with security clearancesOpinion: Congress must find out how reckless the White House has been with security clearances
Read more »
Trump demands Schiff 'be forced to resign from Congress'Trump accused Schiff, without evidence, of spending the last two years “knowingly and unlawfully lying and leaking” about the Russia investigation.
Read more »
White House whistleblower tells House panel about 'systematic' security clearance problemsA White House Personnel Security Office employee alleges that Trump administration officials often ignore national security concerns to grant clearances to people who were initially denied access to top-secret information
Read more »
Democrat-led House panel subpoenas ex-White House security chief in security clearance probeElijah Cummings, chairman of the House of Representatives Oversight Committee, led the push to subpoena Carl Kline, who was White House personnel security chief for the first two years of Trump's presidency and now works for the Department of Defense. The committee voted to approve the subpoena
Read more »
House panel votes to subpoena former White House official over security clearancesThe move comes after whistleblower Tricia Newbold’s allegation that her superior, Carl Kline, overruled multiple clearance denials and then retaliated against her when she objected.
Read more »
House Oversight Committee approves subpoena for probe into White House security clearancesThe House Oversight Committee just approved a subpoena for an investigation into White House security clearances
Read more »
House Oversight panel votes to subpoena ex-White House official on security clearance concernsThe Democrat-led panel also voted to authorize subpoenas about the administration's decision to include a citizenship question in the 2020 census.
Read more »