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
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
- 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.
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- Financial Services Committee (House)
Finance and Financial Sector
No cosponsors.