Financial Freedom Act of 2025 has not moved since its introduction on Apr 1, 2025, with no cosponsors
IntroducedApr 1, 2025
Reported—
Passed one chamber—
Passed both—
Law—
What it changes · CRS summary
Written by the Congressional Research Service [2]. 74 words.
Financial Freedom Act of 2025 This bill prohibits the Department of Labor from limiting the type or range of investments that fiduciaries may offer participants and beneficiaries in certain employer-sponsored retirement plans. The bill applies to certain defined contribution plans that permit participants or beneficiaries to exercise control over the assets in the account, such as a 401(k) plan that allows participants or beneficiaries to select additional investment options through a self-directed brokerage window.
Context
- Committees
- House Education and Workforce Committee
- Policy area
- Labor and Employment: 17 of 2,258 bills became law, 113th–118th (0.8%)
- Sponsor
- 1 of 121 bills enacted since 2013
- Text versions
- 1: introduced in house · 307 words
- Subjects
- Administrative law and regulatory proceduresDepartment of LaborEmployee benefits and pensionsFinancial services and investments
- Latest action
- Apr 1, 2025: Referred to the House Committee on Education and Workforce.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 1
Each bill appears once, under its strongest link. 1 in all.
Identical or companion · 1
- 119th S. 1222 Financial Freedom Act of 2025 R · Introduced
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]