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Bill · HR

H.R. 2978 (119th)

GUARD Act

Original

reportedUnited States· United States Congress· EN

Introduced

21 April 2025

Last action

24 June 2026 · Reported

Status

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-709, Part I.

Sponsors

Rep. Nunn, Zachary [R-IA-3], Rep. Gottheimer, Josh [D-NJ-5], Rep. Fitzgerald, Scott [R-WI-5], Rep. Nehls, Troy E. [R-TX-22], Jefferson Shreve, Sarah McBride, Rep. Meuser, Daniel [R-PA-9], Roger Williams, Barry Moore, Laura Gillen, Josh Harder, Eric Sorensen, Julia Brownley, Rep. Barr, Andy [R-KY-6], Rep. Grothman, Glenn [R-WI-6], Maria Salazar, John Mannion, Rep. Suozzi, Thomas R. [D-NY-3], George Whitesides, Derek Tran, Gabe Vasquez, Rep. Wittman, Robert J. [R-VA-1], David Valadao, Jefferson Van Drew, Rep. Downing, Troy [R-MT-2], Susie Lee, Jahana Hayes, Tim Moore, Rep. Tiffany, Thomas P. [R-WI-7], Marlin Stutzman, Rep. Lawler, Michael [R-NY-17], Adam Smith, Rep. Kiggans, Jennifer A. [R-VA-2], Rep. Mann, Tracey [R-KS-1], Angie Craig, Julie Johnson, Rep. De La Cruz, Monica [R-TX-15], Suhas Subramanyam, Ashley Hinson, Julie Fedorchak, Sean Casten, George Latimer, Young Kim, Rep. Calvert, Ken [R-CA-41], Timothy Kennedy, August Pfluger, Rep. Schmidt, Derek [R-KS-2], Glenn Ivey, Gabe Evans, Gary Palmer, Gabe Amo, Rep. Owens, Burgess [R-UT-4]

Subjects

Crime and Law Enforcement

Source updated

20 August 2026

Crime and Law Enforcement

Official sourceDownload fileView documentsShare

Summary

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 21 April 2025

    Introduced

    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.

    Source: IntroReferral

  2. 21 April 2025

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 21 April 2025

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 13 May 2026

    Vote

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

    Source: Committee

  5. 13 May 2026

    Committee

    Committee Consideration and Mark-up Session Held

    Source: Committee

  6. 24 June 2026

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-709, Part I.

    Source: Committee

  7. 24 June 2026

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-709, Part I.

    Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

2 official files

Sponsors

Related records

Sources

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