To amend the Employee Retirement Income Security Act of 1974 to specify requirements concerning the… — House Roll Call 29
Agreed to in the House on January 15, 2026 · 395 Yea, 22 Nay, 14 Not Voting
Question: On Agreeing to the Amendment: Amendment 1 to H R 2988
In plain English: This bill clarifies that retirement plan managers must primarily base investment choices on factors that affect financial risk and return. It also outlines when other factors can be considered and requires fair treatment of service providers and proper notification to participants about investment options.
Protecting Prudent Investment of Retirement Savings Act
This bill modifies the requirements for fiduciaries of employer-sponsored retirement plans.
First, the bill generally requires a plan fiduciary to make investment decisions based solely on pecuniary factors (i.e., factors that a fiduciary prudently determines are expected to have a material effect on the risk or return of an investment based on appropriate investment horizons consistent with the plan's policies and objectives).
The bill …
Vote Breakdown by Party
Republican: 208 Yea, 0 Nay, 9 not voting/present.
Democrat: 186 Yea, 22 Nay, 5 not voting/present.
Independent: 1 Yea, 0 Nay.
Members Who Voted Against Their Party
Sean Casten (D-IL) voted Nay while most Democrats voted Yea.
Joaquin Castro (D-TX) voted Nay while most Democrats voted Yea.
Katherine Clark (D-MA) voted Nay while most Democrats voted Yea.
Sarah Elfreth (D-MD) voted Nay while most Democrats voted Yea.
Veronica Escobar (D-TX) voted Nay while most Democrats voted Yea.
Lizzie Fletcher (D-TX) voted Nay while most Democrats voted Yea.
Dan Goldman (D-NY) voted Nay while most Democrats voted Yea.
Jimmy Gomez (D-CA) voted Nay while most Democrats voted Yea.
Valerie Hoyle (D-OR) voted Nay while most Democrats voted Yea.
Jared Huffman (D-CA) voted Nay while most Democrats voted Yea.