What the bill does
Empowering States to Protect Seniors from Bad Actors Act This bill reauthorizes through FY2028 and otherwise revises the Senior Investor Protection Grant Program. The bill moves the program from the Consumer Financial Protection Bureau to the Securities and Exchange Commission, establishes a task force to oversee the program, and eliminates certain grant eligibility requirements.
Subjects: Aging, Congressional oversight, Consumer Financial Protection Bureau, Consumer affairs, Criminal investigation, prosecution, interrogation, Employee benefits and pensions, Executive agency funding and structure, Financial services and investments, Fraud offenses and financial crimes, Insurance industry and regulation