H. RES. 1587 is a resolution recognizing the 100th anniversary of mutual funds in the United States. It highlights the important role mutual funds have played in providing investment opportunities to over 100 million Americans and supporting them in reaching their financial...
Simple Explanation
In this special celebration, Congress is saying "thank you" to mutual funds for helping people save and grow their money over the past 100 years. They are not making any new rules or spending money, just recognizing how mutual funds have helped lots of people with their money!