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Protecting Retirement Savings: Ban on Investments in Adversary Entities

New rules aim to protect your retirement savings by prohibiting funds from investing in companies linked to hostile or sanctioned countries. This means your retirement money will be safer as it won't be exposed to risks associated with unstable foreign entities. Funds will also be required to disclose their investments, increasing transparency.
Key points
Retirement funds will be prohibited from investing in companies from hostile or sanctioned countries.
Funds must disclose all existing investments in such entities.
The goal is to protect your retirement savings from risks associated with unstable foreign entities.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_928
Sponsor: Sen. Banks, Jim [R-IN]
Process start date: 2025-03-11
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

PARSA

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_928.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-03-11.

What are the main provisions?

Key points include:

  • Retirement funds will be prohibited from investing in companies from hostile or sanctioned countries.
  • Funds must disclose all existing investments in such entities.
  • The goal is to protect your retirement savings from risks associated with unstable foreign entities.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Banks, Jim [R-IN].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Economy Security