Chairman Rick Scott and Ranking Member Kirsten Gillibrand will convene a Senate Aging Committee hearing on April 15 to discuss the importance of financial literacy for retirement security and as a defense against scams targeting older Americans.
The focus on financial literacy comes as part of ongoing efforts by the committee to protect seniors from fraud, which remains a significant concern nationwide. The committee provides resources such as a toll-free fraud hotline and educational tools aimed at preventing exploitation, according to the official website.
Scott and Gillibrand have previously led bipartisan initiatives including the 2025 Fraud Report, support for anti-fraud legislation like the National Strategy for Combating Scams Act, GUARD Act, STOP Scammers Act, and resolutions recognizing National Slam the Scam Day in both 2025 and 2026. Scott also held a field hearing in Florida addressing threats posed by scams and financial fraud.
The upcoming hearing will feature testimony from Christine Kieffer of FINRA, Sam Kunjukunju of the American Bankers Association Foundation, Carly Roszkowski from AARP, and Scott Kahan of Financial Asset Management Corporation. The event is scheduled for Wednesday at 3:30PM ET in Hart Senate Office Building SH-216 with an online broadcast available.
According to the official website, Rick Scott serves as chair while Kirsten Gillibrand is ranking member of the Senate Aging Committee. The committee examines issues affecting older Americans such as Social Security, Medicare, long-term care, retirement security through hearings and reports. Its oversight covers all Americans involved in aging-related federal programs across the country.
The Senate Aging Committee maintains offices in both Dirksen (majority) and Hart (minority) Senate Office Buildings. It regularly oversees federal programs including Medicare, Social Security and elder abuse prevention through hearings and policy recommendations according to its official site.
