House GOP tax leader suggests 401(k) changes may still come

Brady says he plans to introduce a tax bill next week. Photo: Jose Luis Magana / AP

House Ways and Means chairman Kevin Brady suggested Wednesday that the tax bill he is planning to introduce next week could include changes to 401(k) plans and other retirement accounts, per the Washington Post.

Why it matters: President Trump told Senate Republicans on the Hill yesterday that he ended the 401(k) debate and he tweeted Monday that there would be "NO change" to current the plans. However, some party members involved in tax reform policy are showing resistance.