Report on general financial fraud, pig butchering, and elder financial fraud

No later than a year after the date of the enactment of this Act, the Secretary of the Treasury and the Director of the Financial Crimes Enforcement Network in consultation with the Attorney General, the Secretary of Homeland Security, and the appropriate Federal banking agencies and Federal functional regulators shall, jointly, submit to Congress a report on efforts and recommendations related to general financial fraud, pig butchering, elder financial fraud, and scams.

No later than a year after the date of the enactment of this Act, the Secretary of the Treasury, acting through the Director of the Financial Crimes Enforcement Network, and in consultation with the Attorney General, the Secretary of Homeland Security, and the appropriate Federal banking agencies and Federal functional regulators, shall submit to Congress a report on efforts to combat general financial fraud, pig butchering, elder financial fraud, and scams, including an evaluation of, and any legislative recommendations to improve, the efficacy of the efforts.