White House Announces Coordinated Effort To Combat Elder Financial Abuse
Posted on 06/14/2012 by Carole Fleck | Money and Work | Comments
Bulletin Today | Caregiving | Money & Savings | Your LifeFederal programs that target the devastating and increasing problem of financial abuse against older Americans will be improved and tightly coordinated, replacing the current “fragmented” approach, Health and Human Services Secretary Kathleen Sebelius announced Thursday. At a White House forum on elder abuse and financial exploitation, Sebelius says a $5.5 million grant under the Affordable Care Act will be used to create a federal elder justice coordination team, including officials from the Justice Department and the Consumer Financial Protection Bureau (CFPB). That team will examine previously “fragmented” elder abuse …

