Financial Exploitation Prevention Act of 2025 - CBO Cost Estimate
Summary
The Congressional Budget Office (CBO) published a cost estimate for H.R. 2478, the Financial Exploitation Prevention Act of 2025. The estimate was prepared in response to the bill as reported by the House Committee on Financial Services on November 4, 2025. The CBO analysis provides budgetary projections for the legislation aimed at preventing financial exploitation, particularly of seniors and vulnerable adults.
What changed
The CBO published its cost estimate for H.R. 2478, the Financial Exploitation Prevention Act of 2025. This document provides the Congressional Budget Office's assessment of the bill's potential costs to the federal government. The bill was reported by the House Committee on Financial Services in November 2025 and this estimate reflects the CBO's analysis of that version.
Financial institutions and elder financial abuse prevention advocates should monitor H.R. 2478 as it advances through Congress. The bill may establish new requirements for banks and investment advisers to help protect seniors and vulnerable adults from financial exploitation, which could create compliance obligations for financial services firms subject to federal oversight.
What to do next
- Monitor bill progress through Congress
- Review CBO cost estimate for budget impact details
- Assess potential compliance obligations if bill enacted
Archived snapshot
Apr 8, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
H.R. 2478, Financial Exploitation Prevention Act of 2025
April 8, 2026
Cost Estimate As reported by the House Committee on Financial Services on November 4, 2025
View Document 280.46 KB
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Source document text, dates, docket IDs, and authority are extracted directly from CBO.
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