Latest action: Placed on the Union Calendar, Calendar No. 618.
Committee has approved the bill (usually with amendments) and sent it back to the full chamber.
The committee voted to send the bill to the floor of the full chamber. The Speaker of the House schedules a floor vote.
Next: Passed One Chamber
The other chamber (Senate or House) repeats the committee + floor-vote process
Prevents politicians from influencing how retirement savings are invested based on political views.
The problem
Retirement plans may be forced to consider political beliefs when investing workers' savings instead of focusing on returns and security.
The proposal
Prohibits retirement plan managers from using political or social criteria when choosing investments for retirement accounts.
The impact
Retirement savers and investment managers could see changes in how investment decisions are made and what factors are considered.
Keeps investment decisions centered on financial performance and worker benefits. Prevents retirement money from being used for political purposes that may not serve workers' interests.
Allows retirement plans to invest more broadly without political restrictions. Workers may have access to better-performing investments regardless of their political alignment.
Creates clear rules about what investment factors are allowed. Investment managers know exactly what they can and cannot consider when managing retirement funds.
May prevent considering environmental, social, or governance risks that affect long-term returns. Some argue these factors are financial concerns, not just political ones.
Prevents workers from choosing investments aligned with their personal values. Removes options for those who want their retirement money invested ethically by their standards.
Ignoring certain risk factors might lead to worse returns over time. Companies with serious environmental or social problems may pose genuine financial risks.
Distinguishing between legitimate financial analysis and prohibited political consideration may be difficult. Could lead to legal disputes over what counts as political versus financial reasoning.
Generated by AI from the bill text. Not a prediction and not legal or policy advice. The percentage is the model's own rating of each item — self-reported, and not a measure of how accurate it is.
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Individual contributions, grouped by employer · FEC
Where their individual donors work · 2026 cycle
Money from people who work there, not from the company. Not tied to this bill.
Itemized individual contributions via FEC, grouped by the employer each contributor self-reported. Companies and unions cannot contribute to federal candidates from their treasuries, so these totals are money from people who work at an employer — never from the organization itself. They are campaign contributions covering a full election cycle and are not connected to this bill.
Senate LDA lobbying disclosures
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