Aging Committee Chairman and Ranking Member introduce bill to support collaborative efforts with banks and credit unions to fight fraud
As the Senate Co-Chair of the Congressional Alzheimer’s Task Force, the Senator is particularly committed to putting an end to Alzheimer’s disease, which has had such a devastating effect on 5.2 million Americans and their families.
To visit the Senate Special Committee on Aging’s website, click here.
Washington, DC—As computers continue to become more integral to our daily lives, they are increasingly being used as a platform by scammers to defraud consumers, including seniors.
Americans are very concerned about the risk of identity theft. A recent Harris Poll found that 70 percent of respondents cited identity theft as among their greatest security-related concerns, ahead of terrorism, personal safety,
“Families in Maine and around the nation work tirelessly every day to support loved ones with Alzheimer’s disease and other neurological disorders, and this funding is crucial to helping them with those challenges and improving lives,”
Our parents and grandparents worked hard their entire lives and saved for retirement. Unfortunately, there are criminals who are targeting them and who want to rob them of their hard-earned savings.
There are more than 40 million individuals in our nation who know all too well the compassion, commitment, and endurance that it takes to be a caregiver of a loved one. They also know the frustration and exhaustion that often results. Our caregivers devote their time and attention, and they frequently must make many personal and financial sacrifices to ensure that their loved ones have the care they need day in and day out. Most important, America’s caregivers enable many of our nation’s seniors to remain living in the safety and comfort of their own homes.
WASHINGTON, D.C. – U.S. Senators Susan Collins and Angus King announced today that Jackson Laboratory in Bar Harbor has been awarded $395,243 by the Department of Health and Human Services (DHHS) to support clinical research related to neurological disorders.
Scam Remains Aggressive, Has Several Variations
With its magnificent buildings, monuments, and memorials, Washington is a city of inspiring sights. Just as inspiring was the sea of blue t-shirts worn by the more than 160 young delegates to the Juvenile Diabetes Research Foundation’s 2015 Children’s Congress who participated in a recent Aging Committee hearing I chaired on how diabetes affects people of all ages and their families, and the importance of research to prevent, treat, and eventually cure this difficult and life-long disease.
In late 2012, a Maine jury found an Androscoggin County woman guilty of stealing from her own mother. The details leading up to this conviction were very troubling: This woman sold her mother’s home and moved her into a camper located in her backyard. As if that were not bad enough, the daughter and her boyfriend went on to deplete her mother’s life savings over the course of two years, leaving her penniless as well as homeless.
As Ranking Member of the Senate Aging Committee, an issue I care deeply about is whether older Americans will have the financial resources they need to be secure in retirement. After four decades in the workforce, seniors should be confident they will have the money they need to pay their bills and enjoy their retirement, without fearing they will be overtaken by debt and fall into poverty.