II 118th CONGRESS 1st Session S. 1563 IN THE SENATE OF THE UNITED STATES May 11, 2023 Mr. Braun (for himself, Mrs. Blackburn , Mr. Cruz , Mr. Budd , Mr. Tuberville , Mr. Wicker , Mr. Marshall , Mr. Daines , and Mr. Cassidy ) introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions A BILL To amend the Employee Retirement Income Security Act of 1974 to clarify the fiduciary duty of plan administrators to select and maintain investments based solely on pecuniary factors, and for other purposes.