GUARD Act
- Last Action
- 2/9/2026
Actions
- 2026-02-09Placed on Senate Legislative Calendar under General Orders. Calendar No. 317.
- 2026-02-09Committee on the Judiciary. Reported by Senator Grassley without amendment. Without written report.
- 2026-02-09Committee on the Judiciary. Reported by Senator Grassley without amendment. Without written report.
- 2026-02-05Committee on the Judiciary. Ordered to be reported without amendment favorably.
- 2025-07-30Read twice and referred to the Committee on the Judiciary.
- 2025-07-30Introduced in Senate
CRS Summary
As of 2026-02-09 (25)
Guarding Unprotected Aging Retirees from Deception Act or the GUARD Act
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 Department of the Treasury and the Financial Crimes Enforcement Network (FinCEN) to report on efforts and recommendations related to general financial fraud, elder financial fraud, pig butchering, and scams. The bill also requires Treasury and FinCEN to report on the state of scams in the United States, including information about crimes committed, federal civil and criminal enforcement actions, and federal efforts to address the crimes.
Cosponsors (14)
- Kirsten Gillibrand (D-NY)
- Rick Scott (R-FL)
- James Lankford (R-OK)
- Raphael Warnock (D-GA)
- Christopher Coons (D-DE)
- Amy Klobuchar (D-MN)
- Ashley Moody (R-FL)
- Chuck Grassley (R-IA)
- Ted Cruz (R-TX)
- Angus King (I-ME)
- Dan Sullivan (R-AK)
- Maggie Hassan (D-NH)
- Pete Ricketts (R-NE)
- Jeanne Shaheen (D-NH)
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.