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Empowering States to Protect Seniors from Bad Actors Act Legislation by Rep. Gottheimer Analyzed
WASHINGTON, Aug. 21 -- The Empowering States to Protect Seniors from Bad Actors Act, originally introduced by Rep. Josh Gottheimer, D-New Jersey, on August 17, 2026, has been analyzed by the Congressional Research Service. The legislation aims to enhance protections for senior investors and policyholders, addressing a significant rise in financial fraud targeting older adults.
In recent years, instances of financial fraud have surged, particularly among seniors. According to the Federal Trade C
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