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Financial Freedom Act of 2025

H.R. 2544 Rep. Byron Donalds (R-FL-19) In committee
  1. Introduced Apr 1
  2. Committee Apr 1
  3. Passed House Next
  4. Passed Senate Not yet
  5. To President Not yet
  6. Law Not yet
Where it stands
In committee, Apr 1, 2025Next: House vote
574d ago Apr 1, 2025: Referred to the House Committee on Education and Workforce.
Final votes
No roll callsNo recorded vote on this bill yet
Lobbying
2companies, 11 filings
Member trades
0trades in the last 90 days
None in these companies
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Companies lobbying on this bill

2 companies
Companies by sector
Financials 2
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Summary

Financial Freedom Act of 2025

Full summary1 paragraphs

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.

Library of Congress summary, Apr 1, 2025

Summary versions
  • Introduced in HouseApr 1, 2025

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.