HR 2958
Balance the Scales Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 1:24 AM
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- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Balance the Scales Act amends the Employee Retirement Income Security Act (ERISA) to require the Employee Benefit Security Administration (EBSA) to report annually to Congress on ‘adverse interest agreements.’ These agreements involve EBSA providing assistance to individuals that could be used in lawsuits against retirement plans. The bill mandates detailed reporting on these agreements, including agreements with plaintiff attorneys, and aims to increase transparency and accountability in how EBSA interacts with potential legal challenges to retirement plans.
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