H.R. 2978
GUARD Act
Sponsor: Zachary Nunn
54 cosponsors
- Troy E. Nehls
- Derek Schmidt
- Glenn Ivey
- Gabe Evans
- Gary J. Palmer
- Brett Guthrie
- Dave Min
- Gabe Amo
- John W. Mannion
- Maria Elvira Salazar
- David G. Valadao
- Robert J. Wittman
- Burgess Owens
- Ashley Hinson
- Julie Fedorchak
- Sean Casten
- George Latimer
- Adam Smith
- Ken Calvert
- Young Kim
- Maggie Goodlander
- Laura Gillen
- Jennifer A. Kiggans
- Jefferson Shreve
- Eric Sorensen
- Julia Brownley
- George Whitesides
- Thomas R. Suozzi
- Michael Lawler
- Andy Barr
- Derek Tran
- Gabe Vasquez
- August Pfluger
- Timothy M. Kennedy
- Glenn Grothman
- Jefferson Van Drew
- Josh Gottheimer
- Scott Fitzgerald
- Tracey Mann
- Angie Craig
- Julie Johnson
- Jahana Hayes
- Susie Lee
- Tim Moore
- Troy Downing
- Monica De La Cruz
- Suhas Subramanyam
- Marlin A. Stutzman
- Thomas P. Tiffany
- Josh Harder
- Barry Moore
- Daniel Meuser
- Roger Williams
- Sarah McBride
Official summary
Written by the Congressional Research Service.
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.
Text of the bill
Where this section came from
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Apr 21, 2025 · Introduced in House Referred to House Committee on Financial Services, Apr 21 Referred to House Committee on the Judiciary, Apr 21
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Sep 15, 2026 · Engrossed in House Marked up by House Committee on Financial Services, May 13 Reported by House Committee on Financial Services, Jun 24 Committee members' individual votes aren't in our records. On Motion to Suspend the Rules and Pass, as Amended — Passed, 414–7 · Roll Call 301
This Act may be cited as the Guarding Unprotected Aging Retirees from Deception Act of 2026 or the GUARD Act of 2026 .
What is a markup?
A markup is a committee meeting where members go through a bill and vote on changes before sending it to the full chamber.
This Act may be cited as the Guarding Unprotected Aging Retirees from Deception Act of 2026 or the GUARD Act of 2026.