4 Bills in Congress That Could Break Through Gridlock and Affect Financial Advisors
Legislative gridlock in the U.S. is not new, but the 118th U.S. Congress seems poised to offer us an especially intense experience in the next two years, with the House of Representatives narrowly controlled by Republicans and the Senate just barely controlled by Democrats.
Yet even in this polarized environment, common interests among legislators have the potential to create the bipartisan energy needed to break through the gridlock, especially when those interests relate to supporting those in need, stabilizing the financial system, and addressing tax disparities.
Here are four examples of pending legislation that would be especially relevant to financial advisors and their clients if made into law. I’ve also included an assessment of their likelihood of passage and possible impact.