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    <number>2544</number>
    <updateDate>2025-12-05T21:58:27Z</updateDate>
    <updateDateIncludingText>2025-12-05T21:58:27Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
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    <introducedDate>2025-04-01</introducedDate>
    <congress>119</congress>
    <legislationUrl>https://www.congress.gov/bill/119th-congress/house-bill/2544</legislationUrl>
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      <constitutionalAuthorityStatementText>&lt;pre&gt;[Congressional Record Volume 171, Number 58 (Tuesday, April 1, 2025)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. DONALDS:H.R. 2544.Congress has the power to enact this legislation pursuantto the following:Art 1, Sec. 8[Page H1405]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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            <name>Referred To</name>
            <date>2025-04-01T14:02:40Z</date>
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        <title>Financial Freedom Act of 2025</title>
        <congress>119</congress>
        <number>1222</number>
        <type>S</type>
        <latestAction>
          <actionDate>2025-04-01</actionDate>
          <text>Read twice and referred to the Committee on Health, Education, Labor, and Pensions.</text>
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        <actionDate>2025-04-01</actionDate>
        <text>Referred to the House Committee on Education and Workforce.</text>
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    <sponsors>
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        <bioguideId>D000032</bioguideId>
        <fullName>Rep. Donalds, Byron [R-FL-19]</fullName>
        <firstName>Byron</firstName>
        <lastName>Donalds</lastName>
        <party>R</party>
        <state>FL</state>
        <district>19</district>
        <isByRequest>N</isByRequest>
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    <policyArea>
      <name>Labor and Employment</name>
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      <policyArea>
        <name>Labor and Employment</name>
        <updateDate>2025-04-08T16:32:03Z</updateDate>
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        <updateDate>2025-06-26T17:39:37Z</updateDate>
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          <text>&lt;p&gt;&lt;strong&gt;Financial Freedom Act of 2025&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;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.&lt;/p&gt;</text>
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    <title>Financial Freedom Act of 2025</title>
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        <titleType>Display Title</titleType>
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        <title>Financial Freedom Act of 2025</title>
        <updateDate>2025-04-08T06:53:16Z</updateDate>
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        <title>Financial Freedom Act of 2025</title>
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        <title>To prohibit the Secretary of Labor from constraining the range or type of investments that may be offered to participants and beneficiaries of individual retirement accounts who exercise control over the assets in such accounts.</title>
        <updateDate>2025-04-08T06:48:31Z</updateDate>
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        <date>2025-04-01T04:00:00Z</date>
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    <latestAction>
      <actionDate>2025-04-01</actionDate>
      <text>Referred to the House Committee on Education and Workforce.</text>
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    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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