Rep Spartz's Panel 2 Remarks | JEC Hearing on "The Rising Global Scam Economy"

Joint Economic Committee · March 25, 2026

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Opening remarks and framing of problem

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An opening speaker thanked participants, then several speakers observed there is no clear lead agency for the issue and expressed frustration that funding and a coherent lead are lacking, warning of substantial work ahead.

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At a Joint Economic Committee hearing, members and witnesses disputed which federal agency should lead responses to large-scale international frauds, with witnesses urging faster coordination, clearer definitions, and possible legislative changes in Congress; others warned that prevention and restitution, not prosecution alone, should be prioritized.

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