GUARD Act

Summary

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.

Summary from the Congressional Research Service. How we handle summaries

Where it stands

Out of committee and scheduled for a vote by the full chamber.

House Committee on the Judiciary · U.S. House of Representatives

Also referred to Senate Committee on the Judiciary · U.S. Senate.

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Cosponsors

Related bills

• H.R. 2978GUARD ActRelated bill

As identified by Congress.gov.

Full history

1. Feb 9, 2026

   Reported out of committee

   Committee on the Judiciary. Reported by Senator Grassley without amendment. Without written report.

2. Feb 9, 2026

   Reported out of committee

   Committee on the Judiciary. Reported by Senator Grassley without amendment. Without written report.

3. Feb 9, 2026

   Reported out of committee

   Committee on the Judiciary. Reported by Senator Grassley without amendment. Without written report.

4. Feb 9, 2026

   Introduced

   Placed on Senate Legislative Calendar under General Orders. Calendar No. 317.

   U.S. Senate

5. Feb 9, 2026

   Placed on Senate Legislative Calendar Under General Orders. Calendar No. 317.

   Placed on Senate Legislative Calendar under General Orders. Calendar No. 317.

   U.S. Senate

Read the record

• Read on Congress.gov (opens in a new tab) The official record on Congress.gov.