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S 4055·Federal·senate

Senior Security Act of 2026

In CommitteeFiled Mar 11, 2026
Sponsor: Sen. Kim, Andy [D-NJ] (D)
Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Mar 11, 2026

Summary

The bill sets up a Senior Investor Taskforce inside the SEC to identify problems, suggest regulatory changes, and issue a report every two years on trends affecting investors age 65 and older. It also directs the GAO to produce a study within two years on the economic costs and frequency of financial exploitation of seniors. The goal is to better safeguard older investors and give Congress data for policy decisions.

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