H.R. 2978 · 119th Congress — GUARD Act
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…
- Congress
- 119
- Bill
- HR 2978
- Status
- Latest Action
- Introduced
- 2025-04-21
- Latest action date
- 2026-09-15
Record overview
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.
Topics covered in the available bill text
- Section 3: Federal grants used for investigating elder financial fraud, pig butchering, and general financial fraud
- Section 4: Report on general financial fraud, pig butchering, and elder financial fraud
- Section 5: Report on the state of scams in the united states
- Section 6: Report to congress
- Section 7: Federal law enforcement agencies assisting state, local, and tribal law enforcement and fusion centers
Selected section headings from the available bill text; this outline does not cover every provision or amendment.
Latest action
Motion to reconsider laid on the table Agreed to without objection.
Sponsors
- Rep. Nunn, Zachary [R-IA-3]
Iowa · House District 3 · Republican
Record provenance
Stored record updated: 2026-09-16. This is separate from the action date and does not establish enactment.