H.R. 4790 is a bill that wants companies to only share really important information that would matter a lot to investors, and it doesn’t want companies to be forced to talk about things like the environment unless they are really important for business. It also plans to make a special group to help companies but worries that it might cost a lot of money without watching spending closely.

This bill wants companies to share just the important stuff that helps people decide if they want to invest and sets up a group to give advice, while also making sure outside rules don’t boss around U.S. businesses too much.