3 Key Moments: Hearing on Reclaiming "Forgotten" Fraudulent Pandemic Unemployment Funds Frozen by Banks
March 17, 2026
March 17, 2026
WASHINGTON, March 17 -- Rep. Jason Smith, R-Missouri, chairman of the House Ways and Means Committee, posted the following news release on March 16, 2026:
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Three Key Moments: Hearing on Reclaiming "Forgotten" Fraudulent Pandemic Unemployment Funds Frozen by Banks
Taxpayers risk losing nearly $1 billion in fraudulent COVID-era unemployment benefits abandoned in banks, unless Congress acts to claw back federal funds and the statute of limitatio . . .
* * *
Three Key Moments: Hearing on Reclaiming "Forgotten" Fraudulent Pandemic Unemployment Funds Frozen by Banks
Taxpayers risk losing nearly $1 billion in fraudulent COVID-era unemployment benefits abandoned in banks, unless Congress acts to claw back federal funds and the statute of limitatio . . .