Bill · H.R. 5548· House(119-HR-5548)

Fraud Accountability and Recovery Act

Age: 50 years

Minnesota

Introduced: 9/23/2025
Last activity: 9/23/2025 — Referred to the House Committee on Foreign Affairs.
Sponsored by: Brad Finstad
Cosponsors: - 13 - 0

International Affairs

Introduced
In Committee

What this bill would do

The Fraud Accountability and Recovery Act aims to amend the Foreign Assistance Act of 1961. It proposes to prohibit the President from providing assistance to any country that fails to extradite individuals convicted of fraud against the United States. Additionally, it targets governments that do not take appropriate measures to help recover stolen Federal funds. The bill includes specific findings regarding massive fraud losses and the movement of stolen funds to foreign countries like Kenya. It also establishes a waiver process if such a prohibition would harm national security. Finally, it requires annual reporting on noncompliant countries and the amount of funds involved.

Yes· 3 of 4

Does this reduce what the federal government spends?+5
The bill aims to recoup stolen Federal funds through mandatory extradition and asset seizure requirements.
Would children be better off under this?+3
The bill seeks to protect funds intended for programs that feed hungry children.
Would households on low incomes be better off under this?+2
The bill aims to protect the integrity of social programs that provide assistance to low-income individuals.

The opposite

Does this send more money or help to other countries?-5
The bill prohibits foreign assistance to countries that fail to extradite fraud convicts or assist in fund recovery.