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GUARD Act

6/25/2026, 1:35 PM

Summary of Bill HR 2978

H.R. 2978 of the 119th Congress, introduced on April 21, 2025, aims to authorize State, local, and Tribal law enforcement agencies to utilize eligible Federal grant funds for investigating elder financial fraud, pig butchering, and general financial fraud. Additionally, the bill seeks to clarify that Federal law enforcement agencies can assist these local agencies in utilizing tracing tools for blockchain and related technology.

Current Status of Bill HR 2978

Bill HR 2978 is currently in the status of Bill Introduced since April 21, 2025. Bill HR 2978 was introduced during Congress 119 and was introduced to the House on April 21, 2025.  Bill HR 2978's most recent activity was Reported (Amended) by the Committee on Financial Services. H. Rept. 119-709, Part I. as of June 24, 2026

Bipartisan Support of Bill HR 2978

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
328
Democrat Cosponsors
145
Republican Cosponsors
183
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 2978

Primary Policy Focus

Crime and Law Enforcement

Alternate Title(s) of Bill HR 2978

To permit State, local, and Tribal law enforcement agencies that receive eligible Federal grant funds to use such funds for investigating elder financial fraud, pig butchering, and general financial fraud, and to clarify that Federal law enforcement agencies may assist State, local, and Tribal law enforcement agencies in the use of tracing tools for blockchain and related technology, and for other purposes.
To permit State, local, and Tribal law enforcement agencies that receive eligible Federal grant funds to use such funds for investigating elder financial fraud, pig butchering, and general financial fraud, and to clarify that Federal law enforcement agencies may assist State, local, and Tribal law enforcement agencies in the use of tracing tools for blockchain and related technology, and for other purposes.

Comments

Camille Maxwell profile image

Camille Maxwell

934

8 days ago

I can't believe they passed this stupid bill! It's going to mess everything up for me and my family. How is this going to affect us in the long run?