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Restoring Integrity in Fiduciary Duty Act

In committee: it can still change before the session ends.

US S 3086 · Senate Bill · 119th Congress

Stage
In committee
Started in
Senate
Sponsors
2
Latest action
Oct 30, 2025

What it does

The Restoring Integrity in Fiduciary Duty Act amends ERISA to require fiduciaries to evaluate and select investments based solely on pecuniary factors—those expected to materially affect risk or return—except when such factors are indistinguishable, in which case a random selection standard (capita aut navia) may be used only under strict documentation and neutrality conditions. It prohibits subordinating participant interests to nonpecuniary goals, sacrificing returns, or taking on extra risk to promote environmental, social, or other nonfinancial objectives, and clarifies that shareholder rights, including proxy voting, must be exercised prudently and solely for the economic benefit of…

No official summary is available here. This one was written by AI from the bill’s text.

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Where it stands

  1. Introduced (Done)

    Oct 30, 2025

  2. Committee (Current step)

    In committee · Oct 30, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Restoring Integrity in Fiduciary Duty Act | 52