Bill Detail
S. 1222
Congress: 119
Title
Financial Freedom Act of 2025
Summary
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.
Sponsor
Sen. Tommy Tuberville [R-AL]
Status
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Status as of Jun 28, 11:14 PM · synced 21h ago
Introduced
2025-04-01
Data source mode: cache
Bill Engagement
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 beneficiarie…
Lobbyists on the case
- Davis & Harman LLP1 filing · 5 lobs
- Capitol Counsel LLC1 filing · 5 lobs
- American Council of Life Insurers1 filing · 3 lobs
- David Bridges2026 Q1
- Kathleen Coulombe2026 Q1
- Robert Davis2026 Q1
- Joseph Eannello2026 Q1
- Monique Frazier2026 Q1
- Chris Gaston2026 Q1Davis & Harman LLP · Chief of Staff, Rep. Rush Holt
- Martin Gold2026 Q1Capitol Counsel LLC · Floor Advisor & Counsel, Senate Majority Leader Bill Frist.
- Michael Hadley2026 Q1