HR. 2978Reported

GUARD Act

Plain-English overview

What this bill does

Allows law enforcement grant funds and federal tracing assistance to be used against elder financial fraud, pig butchering, and related scams, while requiring FinCEN reporting

Key points

Require FinCEN reports
Allow grant funds use
Allow federal tracing assistance

Current status

Where it stands

Status

Reported

Latest action

2026-06-24 — Reported (Amended) by the Committee on Financial Services. H. Rept. 119-709, Part I.

Related context

Topics and policy areas

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Advanced technology and technological innovations Congressional oversight Crime and Law Enforcement Crime victims Criminal investigation, prosecution, interrogation Employee hiring Employment and training programs Fraud offenses and financial crimes

Discovery signals

About these signals

Methodology

Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.

Impact ScoreOverall observed legislative footprint and accumulated activity.

MomentumHow recently active or changing the bill appears in available data.

Full Text (PDF)Amendments

View on Congress.gov