Protecting Prudent Investment of Retirement Savings Act

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Bill ID: 119/hr/2988

Last Updated: July 12, 2026

Protecting Prudent Investment of Retirement Savings Act

HR. 2988, 119th Congress — read as touching Big Tech Platforms.

The sponsor

Rep. Allen, Rick W. [R-GA-12]

Every bill has someone who introduced it. That name is where the paper trail starts.

The money

$66,500 raised

21 itemised contributions to this sponsor, pulled from FEC filings.

The alignment

95% match to Project 2025

This bill's text tracks the "Department of Labor and Related Agencies" section, p. 639-641 of the Mandate for Leadership.

Bill's Journey to Becoming a Law

Track this bill's progress through the legislative process

Latest Action

Received in the Senate and Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

January 25, 2026

Introduced

Committee Review

Floor Action

Passed House

Senate Review

📍 Current Status

Next: Both chambers must agree on the same version of the bill.

🎉

Passed Congress

🖊️

Presidential Action

⚖️

Became Law

📚 How does a bill become a law?

1. Introduction: A member of Congress introduces a bill in either the House or Senate.

2. Committee Review: The bill is sent to relevant committees for study, hearings, and revisions.

3. Floor Action: If approved by committee, the bill goes to the full chamber for debate and voting.

4. Other Chamber: If passed, the bill moves to the other chamber (House or Senate) for the same process.

5. Conference: If both chambers pass different versions, a conference committee reconciles the differences.

6. Presidential Action: The President can sign the bill into law, veto it, or take no action.

7. Became Law: If signed (or if Congress overrides a veto), the bill becomes law!

Bill Summary

Summary Style:

The Protecting Prudent Investment of Retirement Savings Act (HR 2988). A bill that attempts to impose stricter regulations on fiduciaries managing retirement plans, ostensibly to protect the interests of plan participants. How quaint.

Let's cut through the noise:

**New Regulations:**

* The bill amends Section 404(a) of ERISA to require fiduciaries to act solely in the interest of plan participants and beneficiaries based on pecuniary factors. * It introduces a new framework for considering non-pecuniary factors, which may be used only when pecuniary factors are insufficient.

**Affected Industries:**

* Retirement plan administrators * Fiduciaries (e.g., investment managers, pension consultants) * Plan sponsors (e.g., corporations, governments)

**Compliance Requirements and Timelines:**

* The amendments will apply to actions taken by fiduciaries 12 months after the date of enactment. * Fiduciaries must document their decision-making process when using non-pecuniary factors.

**Enforcement Mechanisms and Penalties:**

* ERISA's existing enforcement mechanisms, including civil penalties and lawsuits, will apply to violations of these new regulations. * The bill does not specify additional penalties or fines for non-compliance.

**Economic and Operational Impacts:**

* Increased compliance costs for fiduciaries and plan sponsors * Potential reduction in investment options for plan participants, as fiduciaries may be more cautious in selecting investments that meet the new pecuniary factor requirements * A possible shift towards more conservative investment strategies, which could impact returns on retirement savings

From my perspective, this bill represents a minor nuisance, but one that can be navigated with ease. My think tank, the "Liberty and Prosperity Institute," has already begun analyzing the potential implications of these regulations on our portfolio companies.

In conclusion, while HR 2988 may impose some additional regulatory burdens, it is unlikely to have a significant impact on my business interests or those of my fellow entrepreneurs. After all, we are masters of adapting to an ever-changing regulatory landscape. The real challenge lies in exploiting the opportunities created by these new regulations – and I'm confident that we will do just that.

Estimated economic impact: -$500 million (a minor drop in the ocean)

Projected compliance costs for our portfolio companies: $10-20 million

Recommendation: Monitor the situation, but no significant action required at this time.

💰 Campaign Finance Network

Rep. Allen, Rick W. [R-GA-12]

Congress 119 • 2024 Election Cycle

Total Contributions

$66,500

18 donors

PACs

Organizations

$500

Committees

Individuals

$66,000

No PAC contributions found

CHEVY CHASE ENERGY LLC

1 transaction

$500

No committee contributions found

MASSEY, JON G.

2 transactions

$6,600

STEPHENSON, DONNA Y. MR.

2 transactions

$6,600

STEPHENSON, JAMES E. MR.

2 transactions

$6,600

RHODES, JIMMY MR.

1 transaction

$3,300

RHODES, KERRY MRS.

1 transaction

$3,300

DORE, WILLIAM J. SR.

1 transaction

$3,300

BAKER, ROBERT D

1 transaction

$3,300

HATCHER, MARILEE MRS.

1 transaction

$3,300

WINCHESTER, GAYLE MRS.

1 transaction

$3,300

HERBERT, MARK B.

1 transaction

$3,300

TARBUTTON, BEN III

1 transaction

$3,300

DREW, JAMES H. MR. III

1 transaction

$3,300

SNELLING, III, GEORGE N.

1 transaction

$3,300

BOARDMAN, BRAYE MR.

1 transaction

$3,300

GLEASON, RYAN

1 transaction

$3,300

IBSEN, MICHAEL MR.

1 transaction

$3,300

RAEDER, STEPHEN

1 transaction

$3,300

Donor Network - Rep. Allen, Rick W. [R-GA-12]

Show Also Donated To

PACs

Organizations

Individuals

Politicians

Hub layout: Politicians in center, donors arranged by type in rings around them.

Showing 24 nodes and 21 connections (29 secondary connections hidden)

Total contributions: $66,500

Top Donors - Rep. Allen, Rick W. [R-GA-12]

Showing top 18 donors by contribution amount

1 Org17 Individuals

Industry Impact

Which industries are materially affected by specific provisions in this bill. 4 harmed.

−Big Tech Platformsconfidence 0.80
Section 3002(f) requires fiduciaries to exercise shareholder rights solely based on economic interest and not subordinate to non-pecuniary objectives, which could limit ESG-related proxy voting by tech companies that have faced shareholder proposals on social issues.
−Defense Contractorsconfidence 0.70
Section 3002(f) restricts fiduciaries from using non-pecuniary factors in shareholder voting, which could affect defense contractors that have been subject to shareholder resolutions on ethical concerns like autonomous weapons or overseas operations.
−Pharmaceuticalsconfidence 0.70
Section 3002(f) prohibits subordinating financial interests to non-pecuniary goals, which could limit shareholder advocacy on drug pricing or access to medicines at pharmaceutical companies.
−Private Equity & Hedge Fundsconfidence 0.60
Section 3002(f) requires fiduciaries to monitor investment managers and proxy advisors for compliance with pecuniary-only voting, which could increase oversight costs for private equity firms managing retirement plan assets.

Project 2025 Policy Matches

This bill shows semantic similarity to the following sections of the Project 2025 policy document.AI-enhanced analysis provides detailed alignment ratings.

Department of Labor and Related Agencies

Very Strong

Vector: 65%

Pages: 639-641AI Enhanced

AI Analysis:

"The bill directly implements Project 2025's core objective by requiring ERISA fiduciaries to prioritize pecuniary factors in investment decisions while strictly limiting non-pecuniary considerations, aligning with the policy's rejection of ESG investing as inappropriate under ERISA and its call to return to a Trump-era approach focused solely on financial returns."

Key themes:pecuniary factors onlyESG prohibitionfiduciary duty enforcementDOL regulatory actioninvestment in China scrutiny

— 607 — Department of Labor and Related Agencies so, the question relevant to DOL is whether, and under what conditions, fiduciaries should be permitted to follow this path as well. While Americans are free to invest their own savings however they wish, in ERISA, Congress imposed strict duties on employer-sponsored worker retirement plans as a prophylactic protection of workers’ retirement security in general. Recognizing the unique status of employer-managed retirement savings, in ERISA, Congress required that fiduciaries exclusively seek the best interests of plan beneficiaries. Because ESG investing necessarily puts other considerations before the interests of the beneficiary, ESG investing by plan managers is an inappropriate strategy under ERISA. l DOL should prohibit investing in ERISA plans on the basis of any factors that are unrelated to investor risks and returns. l DOL should return to the Trump Administration’s approach of permitting only the consideration of pecuniary factors in ERISA. However, this approach should not preclude the consideration of legitimate non-ESG factors, such as corporate governance, supply chain investment in America, or family-supporting jobs. l DOL should consider taking enforcement and/or regulatory action to subject investment in China to greater scrutiny under ERISA. Many large retirement and pension plans remain invested in China despite its lack of compliance with U.S. accounting standards and state control over all aspects of private capital. Alternative View. Some conservatives believe that ERISA plan investments should be made solely on a pecuniary basis and the consideration of any non-pe- cuniary factor, ESG or otherwise, should be prohibited. Additionally, other conservatives believe that even though ESG investing is often not a sound finan- cial strategy, it is not wrong for retirement plans to offer ESG investment options so long as individuals explicitly acknowledge and choose to pursue investment options that do not exclusively maximize pecuniary gains. Thrift Savings Plan. The Thrift Savings Plan (TSP) is the retirement savings benefit plan for most federal employees and many former employees. The TSP is managed by the Federal Retirement Thrift Investment Board (FRTIB). At over $800 billion in assets under management, the TSP is one of the largest retirement plans in the world. — 608 — Mandate for Leadership: The Conservative Promise l DOL should reverse efforts to politicize the TSP by removing “mutual fund” windows that encourage ESG, and should clarify the fiduciary duties of the TSP. Recent efforts by congressional Democrats and the Biden Administration to politicize the TSP by offering selective “mutual fund” windows that encourage ESG should be reversed by DOL, and the fiduciary duties of the TSP should be clarified by the department to preclude ESG investments absent individual stock selection by the participant. The TSP is managed under contract by private-sector fund managers. Its current managers are BlackRock and State Street Global Advisers. Both of these managers have demonstrated a public commitment to use the funds they manage to advance ESG. l The federal government should follow the lead of multiple state governments in removing their pension funds from fund managers such as BlackRock and State Street Global Advisers, and contract with a competitive, private-sector manager that will comply with its fiduciary duties. l DOL should also consider bringing enforcement actions against BlackRock and State Street Global Advisers for their violations of fiduciary duty while managing the TSP. l Congress should enact legislation authorizing the FRTIB to exercise its independent business judgment in exercising the proxy votes for its holdings of the TSP and provide clear proxy voting guidelines for the FRTIB to follow. The current proxy adviser market is dominated by two firms, Institutional Shareholder Services and Glass Lewis, which use heavily weighted ESG criteria in directing the proxy votes of pension plans. If feasible, the new legislation should also offer a streamlined process for other proxy advisers to compete for the TSP’s business. As the principal retirement savings plan of America’s servicemen and women, part of the FRTIB’s fiduciary duties in managing the TSP is a duty not to invest in governments that are enemies of the United States. Yet the FRTIB has repeatedly approved the investment of TSP funds in Chinese military companies and state-owned enterprises. Under the Trump Administration, DOL ordered the FRTIB to cease investments in China. However, under the Biden Administration, the TSP has made available a wide range of investments in China.

Department of the Treasury

Strong

Vector: 61%

Pages: 748-751AI Enhanced

AI Analysis:

"The bill and the Project 2025 Treasury section both focus on limiting non‑pecuniary (ESG) considerations in financial decision‑making and emphasize fiduciaries’ duty to prioritize financial returns, reflecting a shared skepticism toward ESG‑driven investing."

Key themes:fiduciary dutyESG/non‑pecuniary factorsfinancial institutions regulationtransparency and accountabilityanti‑ESG policy stance

— 715 — Department of the Treasury 67. On banks, credit unions, broker-dealers, and other financial institutions as normally understood, but note that 31 U.S. Code §5312(a)(2) also defines “financial institutions” to include money service businesses; insurance companies; jewelers; pawnbrokers; travel agencies; dealers in automobiles, airplanes, and boats; persons involved in real estate closings and settlements; casinos; and telegraph companies. 68. David R. Burton, “The Corporate Transparency Act and the ILLICIT CASH Act,” Heritage Foundation Backgrounder No. 3449, November 7, 2019, https://www.heritage.org/sites/default/files/2019-11/BG3449_0. pdf, and David R. Burton to AnnaLou Tirol, Financial Crimes Enforcement Network, “Re: Beneficial Ownership Information Reporting Requirements,” Comment, May 5, 2021 http://thf_media.s3.amazonaws.com/2022/ Regulatory_Comments/FINCEN-2021-0005-0132_attachment_1.pdf (accessed March 19, 2023). 69. Burton comment, ibid. 70. Federal Register, Vol. 87, No. 189, September 30, 2022, pp. 59498–59596. 71. U.S. Department of the Treasury, Fiscal Year 2022–2026 Strategic Plan. 72. Ibid. 73. United Nations, “Paris Agreement,” 2015, https://unfccc.int/files/essential_background/convention/ application/pdf/english_paris_agreement.pdf (accessed March 20, 2023). 74. United Nations, “United Nations Framework Convention on Climate Change,” GE.5–62220, 1992, https://unfccc. int/resource/docs/convkp/conveng.pdf (accessed March 20, 2023). 75. “What Is ESG?” ESG Hurts, https://esghurts.com/ (accessed March 22, 2023), and Samuel Gregg, “Why Business Should Dispense with ESG,” American Institute for Economic Research, December 4, 2022, https:// www.aier.org/article/why-business-should-dispense-with-esg/ (accessed March 22, 2023). 76. PRI Association, “What are the Principles for Responsible Investment?” https://www.unpri.org/about-us/ what-are-the-principles-for-responsible-investment (accessed March 22, 2023). The PRI Association is a U.N.- affiliated non-governmental organization. See also PRI Association, “Articles of Association of PRI Association,” Art. 9, November 14, 2016, https://d8g8t13e9vf2o.cloudfront.net/Uploads/g/e/r/2016-11-14-Articles-of- Association-of-PRI-Association-.pdf (accessed March 22, 2023).

Department of Labor and Related Agencies

Moderate

Vector: 63%

Pages: 642-644AI Enhanced

AI Analysis:

"Both the bill and the Project 2025 section address Department of Labor oversight of ERISA-covered retirement plans and aim to strengthen fiduciary responsibilities to protect workers' retirement benefits, though the bill focuses on pecuniary vs. non-pecuniary investment factors while Project 2025 emphasizes PBGC reform and ESOP clarity."

Key themes:ERISAfiduciary dutyretirement plan regulationDepartment of Labor oversightpension protection

— 610 — Mandate for Leadership: The Conservative Promise making new pension promises. More timely and detailed reporting should be imposed. Pension Benefit Guaranty Corporation. The Pension Benefit Guaranty Cor- poration (PBGC) insures benefits for private sector pension plans, with separate single-employer and multiemployer insurance programs. l The PBGC’s annual report must be submitted on time, and with timely data that uses fair-market value principles to calculate the PBGC’s finances. The PBGC has been submitting portions of statutorily required annual reports many months late and using out-of-date data. And PBGC's data on plans is almost five years old. These problematic practices make it difficult for Congress to become aware of serious problems in the insurance programs, which received a bailout of over $85 billion in the 2021 American Rescue Plan Act. The PBGC should use existing statutory authority to protect workers, retirees, employers, and taxpayers by closely monitoring and taking appropriate remedial action with regard to badly run and underfunded multiemployer union pension plans, including termination where appropriate. The PBGC's refusal to use such authority helped cause its multiemployer program deficit to go from less than $500 million in 2008 to over $65 billion in 2017. l Congress should increase the variable rate premium on underfunding and eliminate the per-participant cap in order to appropriately take into account risk and limit the degree to which well-funded pension plans must subsidize underfunded plans. Reforms should proportionately reduce the fixed per-participant premium to ease the burden on well-funded plans and also increase premiums on multiemployer plans to match single-employer plans. Improving Access to Employee Stock Ownership Plans. Employee Stock Ownership Plans (ESOPs) are ERISA-covered employee retirement savings plans that allow employees to receive compensation in the form of equity in their employer business. These arrangements enable employees to formally partici- pate as investors in how their employers’ businesses are run. And they also align employer–employee incentives by giving employees a greater financial stake in the success of their employers. With over half of small businesses owned by business owners over the age of 55, ESOPs also create advantageous succession oppor- tunities that support the continuity of local businesses and regional economic — 611 — Department of Labor and Related Agencies development. Finally, ESOPs can enable greater investment returns for employees. However, ESOPs have to date lacked clear rules under ERISA that recognize their unique structure and benefits, and this opacity can serve as a barrier to employers considering adopting ESOPs. l Provide clear regulations for ESOP valuation and fiduciary conduct. DOL should make it easier for employers to offer ESOPs by providing clear regulations for ESOP valuation and fiduciary conduct that encourages the participation of employee beneficiaries in corporate governance, while recognizing the importance of financial diversification for retirement security. Alternative View. Conservatives believe that it is important for American fami- lies to have control over their savings and to be able to hold diversified assets. While ESOPs can be a beneficial part of a worker’s and family’s savings, some conserva- tives believe that the government should not favor one form of investment over another or make it harder for families to have a diversified investment portfolio. PUTTING AMERICAN WORKERS FIRST A labor agenda focused on the strength of American families must put American workers first. As the family necessarily puts the interests of its members first, so too the United States must put the interests of American workers first. Immigration. The H-2A visa, meant to allow temporary agricultural work- ers into the United States, also suffers frequent employer abuse. The low cost of H-2A workers undercuts American workers in agricultural employment. The H-2A program is not subject to any statutory numerical cap and has been expanding in recent years, surpassing 200,000 visa issuances for the first time in 2019. l Cap and phase down the H-2A visa program. Congress should immediately cap this program at its current levels and establish a schedule for its gradual and predictable phasedown over the subsequent 10 to 20 years, producing the necessary incentives for the industry to invest in raising productivity, including through capital investment in agricultural equipment, and increasing employment for Americans in the agricultural sector. l Encourage the establishment of an industry consortium and match funding. Congress should also encourage the establishment of an industry consortium of agricultural equipment producers and other automation and robotics firms interested in entering the sector and match funding invested by the industry, with intellectual property developed within the consortium freely available to all participants.

Trade

Moderate

Vector: 60%

Pages: 863-865AI Enhanced

AI Analysis:

"Both the bill and the Project 2025 policy emphasize transparent, financially‑focused decision‑making and seek to limit non‑pecuniary (e.g., ESG) influences in investment processes, though the bill targets ERISA fiduciaries while Project 2025 focuses on SEC and capital‑market reforms."

Key themes:financial regulationtransparencyfiduciary dutyprudent investmentlimiting non‑pecuniary factors

— 830 — Mandate for Leadership: The Conservative Promise l Three basic categories of firm: private firms, an intermediate category of smaller firms,4 and public firms; l Reasonable, scaled disclosure requirements; and l Specified secondary markets for the securities of these firms.5 The SEC needs to be reformed to achieve its important core functions more effectively, to improve transparency and due process, and to reduce unnecessary regulatory impediments to capital formation.6 Under current law, the SEC Chair- man has the authority to make almost all of the necessary changes.7 Unfortunately, financial regulators, particularly the SEC and the Financial Industry Regulatory Authority (FINRA), are poorly managed and organized. With regulatory authority delegated by the government, both the Public Company Accounting Oversight Board (PCAOB) and FINRA have proved to be ineffective, costly, opaque, and largely impervious to reform. To reduce costs and improve transparency, due process, congressional oversight, and responsiveness, PCAOB and FINRA should be abolished, and their regulatory functions should be merged into the SEC. Furthermore, Congress should establish an indepen- dent board or commission and charge it with producing a detailed report within 18 months that examines the degree to which the regulatory functions of the var- ious other so-called self-regulatory organizations (SROs), which are no longer self-regulatory in any meaningful sense, should be moved to the SEC.8 Discrimination based on immutable characteristics has no place in financial regulation. Offices at financial regulators that promote racist policies (usually in the name of “diversity, equity, and inclusion”) should be abolished, and regulations that require appointments on the basis of race, ethnicity, sex, or sexual orientation should be eliminated. Equal protection of the law, equal opportunity, and individ- ual merit should govern regulatory decisions.9 Congress has given the SEC broad “general exemptive authority,”10 but the SEC has used this authority only rarely. It should use this authority significantly more often to reduce the regulatory burden on issuers, particularly smaller entrepreneurs. ENTREPRENEURIAL CAPITAL FORMATION Financial regulators should remove regulatory impediments to entrepreneur- ial capital formation.11 In the absence of the fundamental reform outlined above, the SEC should: l Simplify and streamline Regulation A (the small issues exemption)12 and Regulation CF (crowdfunding)13 and preempt blue sky registration and quali- fication requirements for all primary and secondary Regulation A offerings.14 — 831 — Financial Regulatory Agencies l Either democratize access to private offerings by broadening the definition of accredited investor for purposes of Regulation D or eliminate the accredited investor restriction altogether.15 l Allow traditional self-certification of accredited investor status for all Regulation D Rule 506 offerings. l Exempt small micro-offerings from registration requirements.16 l Exempt small and intermittent finders from broker–dealer registration requirements and provide a simplified registration process for private placement brokers.17 l Exempt peer-to-peer lending from federal and state securities laws and reduce the regulatory burden on Regulation CF debt securities. l Make the Title I Emerging Growth Company (EGC) exemptions permanent for all EGCs. l Reduce the regulatory burden on small broker–dealers and exempt privately held, non-custodial broker–dealers from the requirements to use a PCAOB- registered firm for their audits. Congress should: l Amend the Internal Revenue Code to disregard crowdfunding and Regulation A shareholders for purposes of the 100-shareholder limit for Subchapter S corporations.18 BETTER CAPITAL MARKETS To improve capital markets, the SEC should: l Preempt blue sky registration, qualification, and continuing reporting requirements for securities traded on established securities markets (including a national securities exchange or an alternative trading system).19 l Terminate the Consolidated Audit Trail (CAT) program.20 l Abolish Rule 144 and other regulations that restrict securities resales and instead require a company that has sold securities to provide sufficient current informa- tion to the market to permit reasonable investment decisions and secondary sales.

Environmental Protection Agency

Minimal

Vector: 60%

Pages: 467-469AI Enhanced

AI Analysis:

"The bill addresses retirement plan fiduciary duties under ERISA, while the Project 2025 EPA section focuses on chemical evaluations, pesticide regulation, and TSCA reforms; there is no substantive overlap."

— 434 — Mandate for Leadership: The Conservative Promise l Ensure that new chemical evaluations are conducted in a timely manner, consistent with statutory requirements, to ensure the competitiveness of U.S. manufacturers. l For new chemicals, reset the program to ensure that reviews are completed on a timeline that is consistent with the statute. This includes revising the regulations governing the reviews of new chemicals. l Ensure that risk evaluations and risk management rules presume that workplaces are following all OSHA requirements, including requirements for personal protective equipment (PPE). l Apply real-world use of chemicals when assessing conditions of use for risk evaluations. l Transition the Safer Choice program to the private sector. l Right-size the TSCA fee’s rule so that it is consistent with the tasks that the agency is actually completing within the timelines of the statute and is not covering the costs of EPA inefficiency or overreach. l Revise existing policies to address the requirements of the 2016 Lautenberg amendments to the TSCA.41 l Develop a framework rule for risk management approaches that will be used under TSCA for existing chemicals. Needed Reforms and New Policy in OPP (Pesticides) l OPP should rely on Department of Agriculture and state usage data that reflect actual pesticide use in registration reviews and Endangered Species Act (ESA)42 analyses. The U.S. Fish and Wildlife Service and National Marine Fisheries Service should rely on similar data in their ESA analyses. l OPP has rigorous testing requirements that registrants must meet before pesticides are allowed on the market. However, when pesticides undergo registration review every 15 years, EPA relies on publicly available data with differing levels of quality and transparency. Data standards are needed to ensure that information relied on by EPA is made available to the agency at a similar level as the original testing data conducted by registrants to ensure that EPA can conduct a robust review and analysis of the data. — 435 — Environmental Protection Agency l ESA reform for pesticides is necessary. When approving pesticides, FIFRA allows for cost-benefit balancing, recognizing that pesticides are effective precisely because they harm pests. However, the ESA does not allow for any consideration of the beneficial effects of pesticides. In order to meet ESA obligations, pesticide uses are severely restricted, leaving growers with limited tools for crop protection. l New policies are needed to ensure that other program offices (such as ORD, OW, and OLEM) will defer to OPP on toxicity issues. OPP has rigorous testing requirements for pesticide ingredients and products to ensure before they go to market that their use will not harm human health and the environment. Assessments by other offices are redundant. l While individual pesticide registrations are considered adjudications and not reviewed by the Office of Management and Budget (OMB), consistent with a 1993 OMB guidance, when pesticide tolerances and registrations are withdrawn by the agency (as opposed to being withdrawn voluntarily by registrants), these actions should undergo coordinated interagency review managed by OMB. Budget The Biden Administration has expanded the scope and breadth of regulatory actions with respect to OPPT and OPP, but both programs continue to maintain that resources are insufficient. OPPT (chemicals) suffers from a lack of leadership and an inability to complete the most basic requirements efficiently and in a timely fashion. While EPA has asked for more resources, including higher industry fees, it is not clear that it has the capacity to use additional dollars efficiently. With regard to OPP (pesticides), pesticide manufacturers feel that the program is underfunded and would like its budget to be increased so that pesticide actions can be reviewed more quickly. Manufacturers are also willing to pay higher fees to the fee-based portion of the program. However, grower groups have been dis- appointed by EPA’s actions and have significant concerns about EPA’s ability to conduct science-based risk assessments and take risk management actions that appropriately balance benefits and risks as required by FIFRA. Guardrails and third-party audits should be part of any funding increases through the Pesticide Registration Improvement Act (PRIA)43 or other mechanisms. OFFICE OF RESEARCH AND DEVELOPMENT (ORD) AND RELATED SCIENCE ACTIVITIES While much of this work has not been authorized by law, EPA conducts a wide variety of intramural and extramural research, development, regulatory science,

Showing 3 of 5 policy matches

About These Correlations

Policy matches are calculated using a hybrid approach: initial candidates are found using semantic similarity between bill summaries and Project 2025 policy text, then an AI model (Llama 3.1 70B) provides detailed alignment ratings and analysis. Ratings range from 1 (minimal alignment) to 5 (very strong alignment). This analysis does not imply direct causation or intent.

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