119th Congress · introduced in the House · Apr 15, 2026
Protecting Americans’ Retirement Savings From Politics Act
Official title from Congress.gov
Latest action (Jun 24, 2026): Placed on the Union Calendar, Calendar No. 618.
View on Congress.govPolicy area: Finance and Financial Sector
Congressional Research Service summary, version: Reported to House (Jun 24, 2026)
Protecting Americans’ Retirement Savings From Politics Act
This bill limits certain disclosures currently required of public companies and revises the proxy voting process.
Under the bill, public companies are only required to disclose information in response to a Securities and Exchange Commission (SEC) rulemaking if the company determines that the information is material with respect to a voting or investment decision regarding company securities.
The bill also restricts the proxy voting process and proxy advisory firms. (Public companies regularly hold votes where eligible shareholders may fill out proxy cards with voting directions and submit them to a designated representative. Proxy advisory firms provide voting services and advice to institutional investors.) Specifically, robovoting (i.e., automated proxy voting) is prohibited for votes related to proxy or consent solicitation materials. Proxy advisory firms must register with the SEC and provide annual reports on their activity.
The bill also establishes a private right of action against proxy advisory firms in certain circumstances and makes such firms liable for failing to disclose material information or for making material misstatements. In addition, passively managed funds (e.g., index funds) that vote shares on behalf of fund investors in non-routine votes must (1) vote shares according to the instructions of the beneficial owner of the securities, (2) vote shares according to the voting recommendations of the board, (3) abstain from voting, or (4) mirror the vote share elections of other shareholders.
Includes amendment, cloture, and procedural votes. Each is labeled with its exact question; only a passage question is a vote to pass the bill.
No recorded roll calls on this bill in coverage.
Placed on the Union Calendar, Calendar No. 618.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-712.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-712.
Ordered to be Reported by the Yeas and Nays: 27 - 24.
Committee Consideration and Mark-up Session Held
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
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LD-2 reports whose issue descriptions explicitly cite this bill (bill type and number validated against Congress.gov records). A citation does not establish the client's position or any contact with a member.
Loading lobbying reportsCoverage: reports for 2025 onward, posted Jan 1, 2025 through Oct 23, 2026.
8 citations.
CHAMBER OF COMMERCE OF THE U.S.A. · lobbying firm or registrant: CHAMBER OF COMMERCE OF THE U.S.A.
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 20, 2026 · issue area: Financial Institutions/Investments/Securities
$16,480,000
Spent on own lobbying
…certain disclosure requirements related to conflict minerals H.R. 7127, Restoring Secondary Market Trading Act H.R. 7128, Terrorism Risk Insurance Act of 2026 H.R. 8286, Protecting Americans' Retirement Savings From Politics Act H.R. 8338, Safeguarding Americans Fairly Earned Retirement Act of 2026 H.R. 9385/S. 985, Prevent Re…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
AFL-CIO · lobbying firm or registrant: AFL-CIO
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 20, 2026 · issue area: Retirement
$920,000
Spent on own lobbying
HR 3633 Digital Asset Market Clarity Act H.R.8286 - Protecting Americans Retirement Savings From Politics Act Safe Harbor for Retirement Savings Program for Independent Contractors HR 3289 Fiscal Commission Ac…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
AMERICAN SECURITIES ASSOCIATION · lobbying firm or registrant: AMERICAN SECURITIES ASSOCIATION
2026 Q3 report (Jul 1, 2026 – Sep 30, 2026) · posted Oct 14, 2026 · issue area: Financial Institutions/Investments/Securities
$70,000
Spent on own lobbying
…and privacy concerns of the Consolidated Audit Trail (CAT) - H.R.8338, SAFER Act of 2026 - H.R.8800, National Defense Authorization Act for Fiscal Year 2027 - H.R.8286, Protecting Americans' Retirement Savings From Politics Act - Issues relating to artificial intelligence in financial services - Issues relating to the RIA exa…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
AMERICANS FOR FINANCIAL REFORM · lobbying firm or registrant: AMERICANS FOR FINANCIAL REFORM
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 27, 2026 · issue area: Financial Institutions/Investments/Securities
$100,000
Spent on own lobbying
…stitutional issues PE and childcare AI Bubble/Financing AI Buildout Investor protections and disclosures IPOs H.R. 425, the Repealing Big Brother Overreach Act H.R. 8286, the Protecting Americans Retirement Savings from Politics Act HR 8612 the Reward Work Act S. 445 Carried Interest Fairness Act Stock buybacks Executive compen…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CHAMBER OF COMMERCE OF THE U.S.A. · lobbying firm or registrant: CHAMBER OF COMMERCE OF THE U.S.A.
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 20, 2026 · issue area: Financial Institutions/Investments/Securities
$16,950,000
Spent on own lobbying
…certain disclosure requirements related to conflict minerals H.R. 7127, Restoring Secondary Market Trading Act H.R. 7128, Terrorism Risk Insurance Act of 2026 H.R. 8286, Protecting Americans' Retirement Savings From Politics Act H.R. 8338, Safeguarding Americans Fairly Earned Retirement Act of 2026 S. 985, PROTECT USA Act S. 2…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
AFL-CIO · lobbying firm or registrant: AFL-CIO
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 20, 2026 · issue area: Retirement
$760,000
Spent on own lobbying
H.R. 8286, the Protecting Americans Retirement Savings from Politics Act. CLARITY Act DOL fiduciary rule on duties in selecting designated investment alternatives propos…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
ASCENSUS, INC. · lobbying firm or registrant: CAPITOL CITY GROUP, LTD.
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 18, 2026 · issue area: Retirement
$30,000
Paid to lobbying firm
…Act; HR 8324 Great American Healthcare Plan; HR 8314 OPTIONS Act; HR7468 First-Time Home Buyer Empowerment Act; HR8313 Trump Accounts for All Generations Act; HR 8286 Protecting Americans Retirement Savings From Politics Act; H.R.7681 HSAs For All Act.
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
AMERICAN SECURITIES ASSOCIATION · lobbying firm or registrant: AMERICAN SECURITIES ASSOCIATION
2026 Q2 report (Apr 1, 2026 – Jun 30, 2026) · posted Jul 16, 2026 · issue area: Financial Institutions/Investments/Securities
$90,000
Spent on own lobbying
…and privacy concerns of the Consolidated Audit Trail (CAT) - H.R.8338, SAFER Act of 2026 - H.R.8800, National Defense Authorization Act for Fiscal Year 2027 - H.R.8286, Protecting Americans' Retirement Savings From Politics Act - Issues relating to artificial intelligence in financial services
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing