We all agree that we must eliminate fraud WHEREVER it exists.

Oversight Committee Democrats · January 8, 2026

Speaker 1 praised Minnesota Gov. Tim Walz's recent anti-fraud steps and asked Mister Balu how they would help uncover and prevent fraud; Mister Balu said state funding/staffing are necessary but federal enforcement capacity is eroding, citing the Justice Department, the Consumer Financial Protection Bureau and the Securities and Exchange Commission.

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