S2544119th CongressWALLET

GUARD Act

Sponsored By: Senator Katie Britt

In Committee

Summary

Expands federal grant use to investigate elder financial fraud and online investment scams. It would let state, local, and Tribal agencies use specified federal grant programs to probe elder financial fraud, pig butchering, and other general financial scams, while authorizing federal help with blockchain tracing and requiring national reporting.

Show full summary
  • Seniors and adults with disabilities: Could see more investigatory resources aimed at elder financial fraud and pig butchering.
  • State, local, and Tribal law enforcement: Would be allowed to use four named federal grant programs to fund investigations, technology, and training for these frauds.
  • Federal oversight and reporting: Requires a joint Treasury and Financial Crimes Enforcement Network report to Congress within 1 year and a comprehensive State-of-Scams report within 2 years.
  • Investigations and technology: Authorizes federal law enforcement to assist local agencies and fusion centers with blockchain tracing tools and related technology.

*Uses existing federal grant funds rather than creating new appropriations, so it is not expected to add new federal spending.*

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

More fraud-fighting help for seniors

This bill would let State, local, and Tribal law enforcement use certain existing federal grant funds to investigate elder financial fraud, pig butchering, and other scams. It would let grantees hire analysts and agents, buy software and tracing tools, run specialized training, and name a financial-sector liaison. The bill would define "elder financial fraud" and "pig butchering," which covers seniors and adults with disabilities. It would also allow Federal law enforcement to assist subnational agencies and fusion centers with blockchain tracing tools. These changes would apply only to the listed grant programs and would take effect upon enactment.

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Sponsors & CoSponsors

Sponsor

Katie Britt

AL • R

Cosponsors

  • Kirsten Gillibrand

    NY • D

    Sponsored 7/30/2025

  • Rick Scott

    FL • R

    Sponsored 7/30/2025

  • Sen. Lankford, James [R-OK]

    OK • R

    Sponsored 12/11/2025

  • Raphael Warnock

    GA • D

    Sponsored 12/11/2025

  • Sen. Coons, Christopher A. [D-DE]

    DE • D

    Sponsored 2/4/2026

  • Amy Klobuchar

    MN • D

    Sponsored 2/4/2026

  • Ashley Moody

    FL • R

    Sponsored 2/5/2026

  • Chuck Grassley

    IA • R

    Sponsored 2/5/2026

  • Ted Cruz

    TX • R

    Sponsored 2/5/2026

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov

Live Policy Activity

Live

Surfaced from PRIA's policy knowledge graph — ranked by signal strength, connected by evidence.

Live · 16h ago15,853Bills1,439Wiki4 signals surfaced
Now TrackingHR8495
Moving· 4 days in stage

Financial Services and General Government Appropriations Act, 2027

Rep. Joyce, David P. [R-OH-14] (R-OH)
IntroducedApr 24
Cmte Reported
Passed Origin Chbr
Passed Second Chbr
Resolving Diffs
Enrolled
Became Law
Current StageIntroduced· 4d

Appropriations package that would fund Treasury and IRS while imposing rulemaking limits and detailed DC policy constraints, affecting taxpayers, community lenders, and DC residents.

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