I 
118TH CONGRESS 
2D SESSION 
H. R. 8922 
To require the Director of the Bureau of Consumer Financial Protection 
to issue a final rule requiring any card issuer that issues a pre-approved 
credit card to a senior citizen to provide fraud alerts to certain individ-
uals, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
JULY 2, 2024 
Mr. HIGGINS of Louisiana introduced the following bill; which was referred 
to the Committee on Financial Services 
A BILL 
To require the Director of the Bureau of Consumer Financial 
Protection to issue a final rule requiring any card issuer 
that issues a pre-approved credit card to a senior citizen 
to provide fraud alerts to certain individuals, and for 
other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Janie Wynn Protecting 
Elders from Financial Exploitation Act’’. 
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SEC. 2. PREVENTION OF SENIOR CITIZEN FINANCIAL EX-
PLOITATION. 
(a) IN GENERAL.—Not later than 180 days after the 
date of the enactment of this Act, the Director of the Bu-
reau of Consumer Financial Protection, in consultation 
with the Secretary of the Treasury and the Director of 
the Financial Crimes Enforcement Network, shall issue a 
final rule requiring— 
(1) any card issuer that issues a pre-approved 
credit card to a senior citizen to provide fraud alerts 
for such credit card upon activation to— 
(A) the cardholder; and 
(B) except as provided in subsection (b), 
an individual selected by the cardholder who is 
at least 25 years old and— 
(i) is a relative or spouse of the card-
holder; or 
(ii) has provided a description to the 
card issuer of the nature of their relation-
ship with the cardholder; and 
(2) each depository institution and credit union 
to provide training to employees who perform fraud 
detection services on how to identify account activity 
that is indicative of financial exploitation of a senior 
citizen and notify any senior citizen that possesses 
an account with the depository institution or credit 
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union within 24 hours of any such account activity 
occurring in such account, including— 
(A) the irregular use of— 
(i) an automated teller machine; 
(ii) a credit card; 
(iii) an online banking service; or 
(iv) a wire transfer; 
(B) an irregular cash withdrawal; 
(C) an irregular credit card charge; 
(D) the absence of a regularly occurring 
deposit; 
(E) account activity in a previously inac-
tive account; 
(F) the addition of an authorized user to 
an account; 
(G) a change of address associated with an 
account; 
(H) an inability to cover a charged pay-
ment due to insufficient funds in an account; 
(I) a request for a credit limit increase; 
(J) a charged payment for the purchase of 
gift cards or prepaid debit cards worth over 
$100 in total; 
(K) an electronic payment from an account 
through the Automated Clearing House net-
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work to a recipient with no history of prior pay-
ment from such account; and 
(L) a gap in the check number of checks 
cashed from an account. 
(b) EXCEPTION.—The Director of the Bureau of 
Consumer Financial Protection shall include in the rule 
required under subsection (a) a waiver of the requirements 
of paragraph (1)(B) of such subsection if— 
(1) the cardholder signs a waiver acknowledging 
an increased risk of financial exploitation; and 
(2) the card issuer retains a copy of such waiv-
er until at least 5 years after the date that the pre- 
approved credit card is deactivated. 
(c) DEFINITIONS.—In this Act: 
(1) CARDHOLDER; CARD ISSUER.—The terms 
‘‘cardholder’’ and ‘‘card issuer’’ have the meanings 
given such terms, respectively, in section 103 of the 
Truth in Lending Act (15 U.S.C. 1602). 
(2) CREDIT UNION.—The term ‘‘credit union’’ 
means a Federal credit union, a State credit union, 
or a State-chartered credit union (as such terms are 
defined, respectively, in section 101 of the Federal 
Credit Union Act (12 U.S.C. 1752)). 
(3) DEPOSITORY INSTITUTION.—The term ‘‘de-
pository institution’’ has the meaning given such 
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