ICYMI: JEC Holds Hearing on Protecting Americans from Foreign Fraudsters
Chairman Schweikert led the hearing on foreign fraudsters, advocating for advanced technological solutions to block scam transactions before they occur.
The Joint Economic Committee held a hearing on the global scam economy, featuring officials from the DOJ, FBI, and FTC. Lawmakers and experts discussed shifting from reactive 'pay and chase' models to proactive technological prevention against foreign-backed fraudsters.