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Protecting Retirement Savings from Foreign Entities
Recent Bills/Protecting Retirement Savings from Foreign En...

Protecting Retirement Savings from Foreign Entities

IntroducedN/A
Introduced1 year ago
Intro
Senate
House
Pres
Introduced in House
Why This Matters

This bill makes it illegal for retirement plans to invest in certain foreign companies and requires them to report any existing investments. It aims to safeguard American workers' retirement savings from potential threats posed by foreign adversaries.

If you have a retirement plan, your savings will be protected from risky foreign investments.
Who this affects
Workers with retirement plans · Beneficiaries
What changes is this bill making?
  1. 1This bill stops retirement plans from investing in foreign adversaries and sanctioned entities.
  2. 2It requires plans to disclose any existing investments in these entities.
  3. 3Plans can continue holding current investments if they comply with certain rules.
  4. 4Fiduciaries must ensure that no plan assets or participant data benefit these entities.
  5. 5The bill aims to protect American retirement savings from risky foreign investments.
Read the detailed summary

Railway Safety Act of 2025This bill addresses safety requirements for rail carriers and trains transporting hazardous materials. Specifically, the Department of Transportation (DOT) must issue safety regulations for trains carrying hazardous materials to require that rail carriers or shippers (1) provide state emergency response commissioners with advance notice and information about the hazardous materials; (2) reduce blocked rail crossings; and (3) comply with certain requirements regarding train length and weight specifications, track standards, speed restrictions, and response plans. DOT must also establish requirements for wayside defect detectors. These are used by railway systems alongside the tracks to detect defects and failures (e. g., wheel bearing failures). Current federal regulations do not require their use, but federal guidance does address their placement and use. Under the bill, DOT must issue regulations establishing requirements for the installation, repair, testing, maintenance, and operation of wayside defect detectors for each rail carrier operating a train carrying hazardous materials. The bill alsoincreases the maximum fines DOT may impose on rail carriers for violating safety regulations; requires DOT to update rail car inspection regulations and audit the federal inspection programs; establishes a statutory requirement for freight trains to have at least two crew members, with exceptions; phases out certain railroad tank cars by May 1, 2027; expands training for local first responders; imposes a new fee on certain rail carriers; andauthorizes grants to improve railway safety.

Bill Progress1 of 4
Bills must pass the House, Senate, and be signed by the President to become law.
Intro
Senate
House
Pres
IntroducedCurrentFeb 4, 2025

Introduced in House

Sponsors
See all 12 sponsors
Senate
House
President

The President

Donald Trump
President
Awaiting Vote
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