United States (Federal)|HB2978

GUARD Act Guarding Unprotected Aging Retirees from Deception Act

Committee 1

Summary

This bill allows State, local, and Tribal law enforcement agencies that receive Federal grant funds to use those funds to investigate elder financial fraud, pig butchering schemes, and general financial fraud. It also clarifies that Federal law enforcement agencies can assist State, local, and Tribal law enforcement in using blockchain tracing tools and related technology to combat these crimes. The legislation aims to protect older adults from financial exploitation and fraud schemes.

Sponsor

RZachary Nunn

Last action

Ordered to be Reported (Amended) by the Yeas and Nays: 52 - 0.

May 13, 2026

Topics

Blockchain & DLTConsumer ProtectionFraud & Enforcement

Co-sponsors (30)

DJosh Gottheimer,RScott Fitzgerald,RTroy Nehls,RJefferson Shreve,DSarah McBride,RDan Meuser,RRoger Williams,RFelix Moore,DLaura Gillen,DJosh Harder,DEric Sorensen,DJulia Brownley,RGarland Barr,RGlenn Grothman,RMaria Salazar,DJohn Mannion,DThomas Suozzi,DGeorge Whitesides,DDerek Tran,DGabriel Vasquez,RRobert Wittman,RDavid Valadao,RJeff Van Drew,RTroy Downing,DSuzanne Lee,DJahana Hayes,RTim Moore,RTom Tiffany,RMarlin Stutzman,RMichael Lawler

View on LegiScan State legislature

Legislative history

May 13, 2026H

Committee Consideration and Mark-up Session Held

May 13, 2026H

Ordered to be Reported (Amended) by the Yeas and Nays: 52 - 0.

Apr 21, 2025H

Introduced in House

Apr 21, 2025H

Referred to the Committee on the Judiciary, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.