S. 2544 Reported by committee Crime and Law Enforcement

GUARD Act

A bill to permit State, local, and Tribal law enforcement agencies and grantees 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.

  1. Introduced
  2. Committee
  3. Passed Senate
  4. Passed House
  5. To President
  6. Became law
Sponsor Sen. Britt, Katie Boyd [R-AL] Introduced July 30, 2025 Cosponsors 14 (6 D, 7 R, 1 I) Latest action February 9, 2026

Summary

Guarding Unprotected Aging Retirees from Deception Act or the GUARD Act
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 Department of the Treasury and the Financial Crimes Enforcement Network (FinCEN) to report on efforts and recommendations related to general financial fraud, elder financial fraud, pig butchering, and scams. The bill also requires Treasury and FinCEN to report on the state of scams in the United States, including information about crimes committed, federal civil and criminal enforcement actions, and federal efforts to address the crimes. 

Summary by the Congressional Research Service, Library of Congress.

Congress.gov

Actions

  1. Feb 9, 2026 Placed on Senate Legislative Calendar under General Orders. Calendar No. 317.
  2. Feb 9, 2026 Committee on the Judiciary. Reported by Senator Grassley without amendment. Without written report.
  3. Feb 5, 2026 Committee on the Judiciary. Ordered to be reported without amendment favorably.
  4. Jul 30, 2025 Read twice and referred to the Committee on the Judiciary.
  5. Jul 30, 2025 Introduced in Senate

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