On the recordApril 19, 2021
I am honored to rise in support of the bipartisan Senior Security Act, which will help protect vulnerable seniors from hucksters and scam artists. I would like to thank my good friend, Congressman Trey Hollingsworth, for working with me on this crucial bill, and also Senators Susan Collins and Kyrsten Sinema, who have introduced companion legislation in the Senate. Since I took office, I have been committed to helping seniors save their hard-earned money for retirement, helping them cut their taxes and afford prescription drugs, and protecting Social Security and Medicare so that, at the end of the day, they can afford to stay in northern New Jersey and enjoy their lives with their friends, children, and grandchildren. Unfortunately, far too many of our seniors have had their hard-earned retirement savings stolen right out from under them when a scammer calls or shows up at their door. There are millions of seniors across the country who have been the victims of financial scams and abuses. It is appalling; it is offensive; and it is unacceptable. Older Americans lose approximately $3 billion each year to financial scams and abuse. Approximately 7 million Americans have been victims of exploitation, and that is only what is being reported. Only 1 in every 24 cases of elder abuse actually gets reported. IRS impersonation calls and fraudulent tech support calls are among the most widely used and costly scams targeting older Americans.…





