Senior Security Act of 2025

The Senior Security Act of 2025 proposes the creation of a specialized Senior Investor Taskforce within the Securities and Exchange Commission (SEC). This group would be responsible for identifying challenges facing investors aged 65 and older, such as financial fraud and predatory industry trends. The taskforce would be required to regularly report its findings to Congress and suggest specific legislative or regulatory changes to better safeguard the retirement savings of older Americans.

Additionally, the bill would mandate a comprehensive study by the Government Accountability Office (GAO) regarding the financial exploitation of senior citizens. This study aims to provide a clearer picture of how seniors are targeted by scammers and where current legal protections may be falling short. If enacted, the bill would focus federal resources on monitoring the unique economic vulnerabilities of the elderly to ensure their investments are better protected from abuse.