Balance the Scales Act

Hozzl · 2025-09-19T19:52:11Z

Explore the details of House Bill 2958 Balance the Scales Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Labor and Employment. Stay informed on legislative developments.

9/19/2025, 7:52 PM

Summary of Bill HR 2958

The bill titled "To amend the Employee Retirement Income Security Act of 1974 to require that the Employee Benefit Security Administration submit an annual report to Congress on adverse interest agreements, and for other purposes" was introduced in the 119th Congress on April 17, 2025.

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Current Status of Bill HR 2958

Bill HR 2958 is currently in the status of Bill Introduced since April 17, 2025. Bill HR 2958 was introduced during Congress 119 and was introduced to the House on April 17, 2025. Bill HR 2958's most recent activity was Ordered to be Reported (Amended) by the Yeas and Nays: 19 - 16. as of September 17, 2025

Bipartisan Support of Bill HR 2958

Total Number of Sponsors

Democrat Sponsors

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Unaffiliated Sponsors

Total Number of Cosponsors

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Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 2958

Primary Policy Focus

Labor and Employment

Alternate Title(s) of Bill HR 2958

To amend the Employee Retirement Income Security Act of 1974 to require that the Employee Benefit Security Administration submit an annual report to Congress on adverse interest agreements, and for other purposes.

Comments

Alanna Coble

553

9 months ago

I'm not sure about this bill, but I think it's important to know more about adverse interest agreements. How will this affect my retirement savings in the short term?