United States Senator Collins and McCaskill put Older Americans ahead of politics with Senior $afe Act

United States Senator Collins and MCCaskill put Older Americans ahead of politics with Senior $afe Act

The bipartisan pair have joined forces to write the Senior$afe Act, which would provide training and support to regulators, financial institutions and legal organizations to help them identify red flags for common scams and help put a stop to them.

The measure would "allow banks to train their frontline supervisors and their tellers and credit unions as well so that if they see signs of financial fraud directed at a senior, they can notify the appropriate authorities without fear of being sued for violating bank privacy acts," Collins, who chairs the Senate Special Committee on Aging, told the Washington Examiner.

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