GUARD Act
- Last Action
- 6/24/2026
Actions
- 2026-06-24Reported (Amended) by the Committee on Financial Services. H. Rept. 119-709, Part I.
- 2026-06-24Reported (Amended) by the Committee on Financial Services. H. Rept. 119-709, Part I.
- 2026-05-13Ordered to be Reported (Amended) by the Yeas and Nays: 52 - 0.
- 2026-05-13Committee Consideration and Mark-up Session Held
- 2025-04-21Referred 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.
- 2025-04-21Referred 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.
- 2025-04-21Introduced in House
- 2025-04-21Introduced in House
CRS Summary
As of 2026-06-24 (07)
Guarding Unprotected Aging Retirees from Deception Act of 2026 or the GUARD Act of 2026
This bill allows state, local, and tribal law enforcement agencies and grantees that receive funds from certain law enforcement grant programs to use the funds to investigate general financial fraud, elder financial fraud, and pig butchering. Pig butchering refers to a confidence and investment fraud in which a victim is gradually lured into transferring increasing amounts of money, generally in the form of cryptocurrency, into a fake virtual investment.
The bill allows federal law enforcement agencies to assist state, local, and tribal law enforcement agencies and fusion centers in the use of tracing tools for blockchain and related technology tools.
Finally, the bill requires the Financial Crimes Enforcement Network (FinCEN) to report on efforts to combat general financial fraud, elder financial fraud, pig butchering, and scams, including an evaluation of any legislative recommendations to improve the efforts. The bill also requires FinCEN to report on the state of general financial fraud, elder financial fraud, pig butchering, and scams in the United States, including trends in the crimes.
Cosponsors (20)
- Josh Gottheimer (D-NJ)
- Scott Fitzgerald (R-WI)
- Troy Nehls (R-TX)
- Jefferson Shreve (R-IN)
- Sarah McBride (D-DE)
- Daniel Meuser (R-PA)
- Roger Williams (R-TX)
- Barry Moore (R-AL)
- Laura Gillen (D-NY)
- Josh Harder (D-CA)
- Eric Sorensen (D-IL)
- Julia Brownley (D-CA)
- Andy Barr (R-KY)
- Glenn Grothman (R-WI)
- Maria Salazar (R-FL)
- John Mannion (D-NY)
- Thomas Suozzi (D-NY)
- George Whitesides (D-CA)
- Derek Tran (D-CA)
- Gabe Vasquez (D-NM)
Subjects
- Advanced technology and technological innovations
- Congressional oversight
- Crime victims
- Criminal investigation, prosecution, interrogation
- Employee hiring
- Employment and training programs
- Fraud offenses and financial crimes
- Government information and archives
- Intergovernmental relations
- Law enforcement administration and funding
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.