Chris Gaston Quoted in 401kWire.com Article on House Passage of 403(b) Investment Expansion in the INVEST Act
- Published Date: December 24, 2025
Davis & Harman Principal, Director of Government Relations, Chris Gaston, was quoted in the 401kWire.com Article, “Some 401k Folks Praise the INVEST Act. Will the Senate Agree?” where he discusses the outlook for enactment of the bill in the Senate in 2026.
The 401kWire.com article details the House passage of the Incentivizing New Ventures and Economic Strength Through Capital Formation (INVEST) Act (H.R. 3383), which included the 403(b) investment expansion legislation originally introduced in the Retirement Fairness for Charities and Educational Institutions Act. The INVEST Act cleared the House on December 11, 2025, by a vote of 302-123 with 87 Democrats supporting the bill. The article includes various reactions and insights from industry experts.
In the article, Gaston notes the broad bipartisan support for the INVEST Act and commented on the likelihood of passage in 2026. He is quoted saying “the ball is in the Senate’s court,” although “it’s not a guarantee” that the bill will be enacted in 2026.
Gaston also discussed the INVEST Act’s provision involving delivery methods for securities documents, further expanding electronic delivery.
A link to the full article can be found here.
