Florida Republican Gus Bilirakis’ proposal to help the Federal Trade Commission (FTC) tackle fraud targeting seniors picked up steam on Capitol Hill on Thursday.
The House Commerce, Manufacturing, and Trade Subcommittee approved the Florida congressman’s “FTC Robust Elderly Protections and Organizational Requirements to Track Scams Act (FTC REPORTS) Act.” The bill would require the FTC to be more transparent and draw up annual plans to to fight fraud targeting seniors.