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HR 2544 119th Congress House Labor and Employment Administrative law and regulatory procedures Department of Labor Employee benefits and pensions Financial services and investments

Financial Freedom Act of 2025

Introduced: April 1, 2025 Introduced by: Donalds, Byron Republican · Florida See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 1, 2025
Referred to the House Committee on Education and Workforce.
Apr 1, 2025
Introduced in House
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 Plain-English summary Congressional Research Service

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.

What's happening now April 1, 2025

Referred to the House Committee on Education and Workforce.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 34

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

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APA
U.S. Congress. (2026). H.R. 2544: Financial Freedom Act of 2025. 119th Congress. Open America. https://openamerica.io/bill/119-HR-2544/
MLA
"H.R. 2544: Financial Freedom Act of 2025." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-2544/.
Bluebook (legal)
H.R. 2544, 119th Cong. (2026), https://openamerica.io/bill/119-HR-2544/.
Markdown link
[H.R. 2544: Financial Freedom Act of 2025](https://openamerica.io/bill/119-HR-2544/)
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