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HR 4460 Advanced toward a vote

Requires nine federal financial agencies to place a prominent disclaimer on the first page of new guidance documents stating that the guidance is not legally binding on the agency or the public.

Official title: SAFE Guidance Act

Next stop House floor: awaiting a vote
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced 16-JUL-2025
Referred 16-JUL-2025
Approved by committee 23-JUL-2025
Reported 08-SEP-2025
On the calendar 08-SEP-2025
Key points
  • Applies to guidance issued on or after the date of enactment.
  • Requires the disclaimer to say the guidance has no force of law and creates no rights or obligations for any person.
  • States that not following guidance does not conclusively establish a violation of law.
  • Covers the Consumer Financial Protection Bureau, Treasury, Federal Reserve, SEC, FDIC, OCC, NCUA, FHFA, and HUD, and excludes notice-and-comment rules and internal legal advice.
AI-generated from the Reported in House text of 08-SEP-2025 · verify · report an error
Official CRS summary

No CRS summary yet. CRS writes one for most bills, often months after they move.

CRS is the Library of Congress's nonpartisan research office. Check on congress.gov
Committee referrals (1) Policy area

Finance and Financial Sector

Sponsor Daniel Meuser (R-PA) Cosponsors · 0

No cosponsors.