What is the current status of HR 4460?

HR 4460 is currently: In House.

Who sponsored HR 4460?

HR 4460 was sponsored by Dan Meuser (R), Rep.

IntroducedJuly 16, 2025

In House1 year ago

Intro

House

Senate

Pres

Waiting for a House floor vote.

It has cleared committee and can be brought up at any time, though no date is set.

Finance and Financial SectorGovernment information and archives

Why This Matters

This bill requires financial agencies to clearly state that their guidance documents are not legally binding and do not create rights or obligations.

If you rely on financial agency guidance, you will know it is not legally binding and can choose how to follow it.

Who this affects

Individuals · Businesses

What changes is this bill making?

1This bill requires financial agencies to include a clarity statement on their guidance documents.
2The clarity statement will explain that the guidance does not have the force of law.
3It will also state that not following the guidance does not automatically mean someone broke the law.
4The bill applies to various financial agencies, including the Department of Treasury and the Securities and Exchange Commission.
5The goal is to make it clear to the public how financial guidance should be interpreted.