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Balance the Scales Act
3/6/2026, 1:41 AM
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.
Read the Full Bill
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 Placed on the Union Calendar, Calendar No. 430. as of February 20, 2026
Bipartisan Support of Bill HR 2958
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 2958
Primary Policy Focus
Labor and EmploymentAlternate 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.
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
687
11 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?
Sponsors and Cosponsors of HR 2958
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