{"bill":{"id":"119-hr-2544","congress":119,"type":"HR","number":2544,"title":"Financial Freedom Act of 2025","originChamber":"House","introducedDate":"2025-04-01","sponsors":[{"bioguideId":"D000032","fullName":"Rep. Donalds, Byron [R-FL-19]","party":"R","state":"FL","district":19}],"cosponsorsCount":0,"latestAction":{"actionDate":"2025-04-01","text":"Referred to the House Committee on Education and Workforce."},"policyArea":"Labor and Employment","subjects":["Administrative law and regulatory procedures","Department of Labor","Employee benefits and pensions","Financial services and investments"],"actions":[{"date":"2025-04-01","text":"Referred to the House Committee on Education and Workforce.","type":"IntroReferral","chamber":"House floor actions","hasVote":false},{"date":"2025-04-01","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false},{"date":"2025-04-01","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false}],"summary":"<p><strong>Financial Freedom Act of 2025</strong></p><p>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.</p>","updateDate":"2026-03-20T14:38:14Z"},"markets":[],"stateBills":[],"meta":{"sources":["congress.gov"],"latencyMs":529,"ts":"2026-04-19T12:48:32.461Z"},"nextActions":{"inspect":[],"related":[{"description":"Search related legislation","method":"GET","url":"/api/public/query-gov?q=Financial%20Freedom%20Act%20of%202025"}]}}