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US HB5548
Bill
Status
9/23/2025
Primary Sponsor
Brad Finstad
Click for details
AI Summary
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Amends the Foreign Assistance Act of 1961 to prohibit U.S. foreign assistance to any country that fails to extradite individuals convicted of fraud against the United States or fails to assist in recovering stolen federal funds through identification, freezing, seizure, and repatriation
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Cites GAO findings that federal fraud losses ranged from $233 billion to $521 billion annually from fiscal years 2018-2022, and references the Feeding Our Future scheme in Minnesota that stole over $250 million in COVID-19 pandemic funds intended for child nutrition programs
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Requires the Secretary of State to submit annual reports to Congress listing noncompliant countries and quantifying the total fraudulently obtained funds attributable to each country's failure to cooperate
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Allows the President to waive the assistance prohibition if certified as contrary to U.S. national security, with 15-day advance notification and justification to the House Foreign Affairs and Senate Foreign Relations committees
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Introduced by Rep. Finstad on September 23, 2025, and referred to the House Committee on Foreign Affairs
Legislative Description
Fraud Accountability and Recovery Act
International affairs
Last Action
Referred to the House Committee on Foreign Affairs.
9/23/2025