Senate Passes Bipartisan Legislation to Provide Credit Monitoring Services for All Service Members

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WASHINGTON, D.C. - The U.S. Senate unanimously passed the bipartisan Servicemembers' Credit Monitoring Enhancement Act on Wednesday. The legislation, which will now head to the House, expands free credit monitoring for all service members including non-active duty reservists and traditional National Guard members. Current eligibility is limited to active-duty service members and full-time National Guard members.

U.S. Senators Kevin Cramer (R-ND), Amy Klobuchar (D-MN), Tom Carper (D-DE), and Steve Daines (R-MT) introduced the Servicemembers' Credit Monitoring Enhancement Act in April 2023.

"Look, our service members put so much on the line to protect us and our way of life. And yet, it's actually their sacrifices that leave them more vulnerable to financial fraud," said Cramer. "We just want to ensure the men and women of the military have full access to credit monitoring services that will certainly help keep their information secure. The passage of the Servicemembers' Credit Monitoring Enhancement Act is an important step to protecting the financial security of the members of our armed forces. I urge the House to pass this legislation before the end of the Congress."

"Servicemembers are heroes who put their lives on the line for our nation and we must support them in every way we can," said Klobuchar. "By making free credit monitoring available for every single member of our armed forces, this bipartisan legislation will improve the financial security of military families and give them greater peace of mind."

"We owe it to our service members to make sure that their financial well-being is protected while they are protecting our country at home and abroad," said Carper, a 24-year veteran of the Navy. "We must improve and expand access to free credit monitoring tools to help make sure more service members and military reservists can feel secure when they make critical financial decisions. That's why I'm glad to see this bipartisan legislation pass the Senate, and urge my House colleagues to send this bill to the President's desk."

"Our servicemembers and their families have made endless sacrifices to protect our country, and the last thing they should have to worry about is identity theft or fraud issues. I'm proud to support this bipartisan legislation to expand free credit monitoring to all of our servicemembers, including those in the reserves, and I'll always support our military families in Montana and across the nation," said Daines.

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