Andy Biggs: Voted NO on HR 2478: On Motion to Suspend the Rules and Pass, as Amended

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Andy Biggs, Jun 25, 2026

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Party line
Voted differently from most Republicans: 206 of 208 voted YES.
As of Jun 25, 2026Source: clerk.house.gov(opens in a new tab)

The bill

Financial Exploitation Prevention Act of 2025

Topic: Finance and Financial Sector

Read the full summary

This bill establishes procedures for delaying the redemption of certain securities if an investment company or agent believes that an older individual or an individual with certain impairments has been financially exploited. Specifically, the bill allows for the delay of the redemption of a security issued by an open-end investment management company and serviced by a transfer agent if the company or agent reasonably believes the redemption involves the financial exploitation of an individual (1) age 65 or older, or (2) age 18 or older who is unable to protect his or her own interests due to a mental or physical impairment. (Open-end investment management companies offer securities in pooled investment vehicles such as mutual funds. Transfer agents facilitate certain transactions for corporations and investment companies, including dividend distribution and change of securities ownership.) The company may initially delay the redemption for up to 15 days and, upon making a determination of exploitation, may delay the redemption an additional 10 days. A state regulator, appropriate administrative agency, or court may extend this period.

Source: Congressional Research Service summary

Bill on congress.gov(opens in a new tab)

Vote source: clerk.house.gov

Every member's vote

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Voted NO on Fast-track passage of the “Financial Exploitation Prevention Act of 2025” (HR 2478)

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Voted NO on Fast-track passage of the “Financial Exploitation Prevention Act of 2025” (HR 2478)

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Rep. Biggs voted NO on fast-track passage of the “Financial Exploitation Prevention Act of 2025” (HR 2478)

Voted NO on Fast-track passage of the “Financial Exploitation Prevention Act of 2025” (HR 2478)

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Rep. Biggs voted NO on fast-track passage of the “Financial Exploitation Prevention Act of 2025” (HR 2478)

Voted NO on Fast-track passage of the “Financial Exploitation Prevention Act of 2025” (HR 2478)

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