Protecting Elders from Wire Fraud Act
In committeeIntroducedSep 10, 2026
Policy areaFinance and Financial Sector
Cosponsors2
What this bill is intended to do
Congress.gov hasn't published an official summary for this bill yet, it usually appears after the bill advances out of committee. The full text is linked below.
Latest action
Sep 10, 2026Referred to the House Committee on Financial Services.
C64
Graded by The Quiet Ledger
The Protecting Elders from Wire Fraud Act aims to safeguard senior citizens from financial exploitation by imposing specific duties on financial institutions. It mandates reporting suspected fraud, allows transaction holds, and facilitates information sharing with trusted contacts. The bill includes provisions for safe harbor and non-preemption of state laws.
Category gradesMembers of The Quiet Ledger see the full per-category breakdown of how this bill was graded.
Structural flags⚑ Spends without a pay-for