One key area to watch is tax policy, since President Trump has been a strong supporter of extending and even making permanent tax cuts, which could potentially affect overall 401(k) growth, says Colonial Surety’s Richard Clarke.
Seven GOP-led states had filed suit against former President Joe Biden's SAVE student loan relief plan, arguing that debt cancellation should be addressed through legislation, and the judge agreed, saying “ that a taxpayer-funded bailout is blatant executive overreach."
The EEOC has announced that it will no longer recognize the existence of gender identity or sexual orientation as a form of sex discrimination under the agency’s interpretation of federal law.
In 2023, U.S. health expenditures surged by 7.5%, reaching $4.9 trillion, or an average of $14,570 per person, according to the Centers for Medicare & Medicaid Services.