Bills · HR 5548
IN COMMITTEE· 119TH CONGRESS
House BillHR 5548International Affairs
Fraud Accountability and Recovery Act
INTRO SEP 23· LAST ACTION SEP 23
READING
4MIN
COSPONSORS
13
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it attempts to address the significant problem of billions of taxpayer dollars lost to fraud each year, with much of that money or the criminals involved often ending up in other countries. If this bill becomes law, it gives the U.S. a powerful new tool – the ability to withhold foreign aid – to pressure other nations into helping catch fraudsters and retrieve stolen funds.
This could mean more stolen money is returned to U.S. coffers, potentially saving taxpayer money and ensuring that federal programs, like those intended to feed vulnerable populations, are not compromised. By creating a direct financial incentive for foreign governments to cooperate, it aims to strengthen international efforts against financial crime and make it harder for those who defraud federal programs to find a safe haven or keep their ill-gotten gains overseas.
KEY PROVISIONS
3AI-extractedPROVISION 01
Prohibits the President from providing foreign assistance to countries that fail to extradite individuals convicted of U.S. fraud or fail to help recover stolen U.S. funds.
This creates a direct financial consequence for countries that do not cooperate with U.S. anti-fraud efforts, potentially increasing the recovery of stolen funds and accountability for fraudsters.
PROVISION 02
Allows the President to waive this prohibition on foreign assistance if doing so is deemed essential for U.S. national security, requiring a 15-day prior notification to Congress.
This provides flexibility for the U.S. to prioritize critical foreign policy interests over fraud recovery in specific situations, preventing potential diplomatic or security crises.
PROVISION 03
Requires the Secretary of State to submit an annual report to Congress listing non-compliant countries and the amount of stolen U.S. funds and court-ordered remedies tied to their lack of cooperation.
This ensures transparency and accountability by publicly identifying countries hindering fraud recovery efforts and quantifying the financial impact, providing a basis for future policy decisions.
SPONSORSHIP
1 + 13
R· Minnesota
YRS IN OFFICE
4
BILLS LED
35
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 0 REP 13 IND 0
ACTION TIMELINE
2 EVENTSSEP 23
Introduced in House
SEP 23
Referred to the House Committee on Foreign Affairs.
BILL INFO
TypeHouse Bill
NumberHR 5548
Congress119th
StatusIn Committee
IntroducedSep 23, 2025
Last actionSep 23, 2025
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IN COMMITTEE· 119TH CONGRESS · FOREIGN AFFAIRS COMMITTEE · INTRODUCED SEP 23, 2025
House BillHR 5548International Affairs
Fraud Accountability and Recovery Act
INTRODUCED SEP 23, 2025· LAST ACTION SEP 23, 2025
PASSAGE CHANCES
—%
READING
4 min
COSPONSORS
13
COMPLEXITY
Moderate
