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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.
Read the Full Bill
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
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
328Democrat Cosponsors
145Republican Cosponsors
183Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 2978
Primary Policy Focus
Crime and Law EnforcementAlternate 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
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?
Sponsors and Cosponsors of HR 2978
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