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Senate bill · S. 2840 (119th Congress)

Financial Exploitation Prevention Act of 2025

U.S. Senate

Latest action Sep 17, 2025

Sponsor: Bill Hagerty (U.S. Senator for Tennessee, Republican)

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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data

Summary

Allows registered investment companies and transfer agents to postpone payment of redemptions when there is suspected financial exploitation of a specified adult, such as an elderly or vulnerable investor.

AI summary. Not an official summary. How we handle summaries

Where it stands

Assigned to a committee for review.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Senate Committee on Banking, Housing, and Urban Affairs · U.S. Senate

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Cosponsors

8

Cosponsors listed on Congress.gov, shown A to Z.

  • Democratic5
  • Republican3

This bill has cosponsors from more than one party.

Shown in neutral colors by design; Agora is non-partisan.

As identified by Congress.gov.

Full history

  1. Sep 17, 2025

    Introduced

    Introduced in U.S. Senate

    U.S. Senate

  2. Sep 17, 2025

    Referred to committee

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  3. Sep 17, 2025

    Referred to committee

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  4. Sep 17, 2025

    Referred to committee

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Read the record