Senators are urging the Commodity Futures Trading Commission to clarify rules for event contracts and strengthen monitoring standards, warning that rapid growth in prediction markets is exposing weaknesses in safeguards against manipulation and consumer harm.
Vice President JD Vance said the administration will audit states’ Medicaid Fraud Control Units and threatened to “turn off” federal funding for the watchdogs if their fraud prevention efforts are found to be deficient.
The Centers for Medicare and Medicaid Services official also said the Trump administration’s efforts to combat fraud in government are enabling her to “push the needle” with using the technology.
That fiscal year 2025 improper payment number is up by $24 billion from the previous fiscal year, even as the Trump administration says that it’s tamping down on fraud.
COMMENTARY | The government must stop chasing money lost to fraud and instead focus on preventing the crime before payments go out. This requires policy changes so agencies can share information and be rewarded for stopping losses at the source.
The Labor Department’s inspector general is investigating claims involving inappropriate messages to staff and misuse of funds, as the White House names Keith Sonderling acting secretary.
The Partnership for Public Service report includes the costs of the deferred resignation program, severance pay for laid-off civil servants and federal employees who were on paid administrative leave while their firings were challenged in court.
The scams, some of which were fueled by AI, can be especially effective because they exploit the built-in authority and urgency people associate with institutions.
The Justice Department alleges that John Windom accepted and sometimes demanded various gifts while helming the electronic health record modernization at Veterans Affairs.
The new White House task force will withhold government funding for state and local benefits programs if their anti-fraud controls are viewed as lacking.
COMMENTARY | The White House's proposed war on fraud, waste and abuse is neither new nor an assured outcome for any presidential administration, but history offers some lessons that can help get started.
“It’s dismaying,” one longtime anti-fraud expert told Nextgov/FCW of how the administration is using fraud as rationale but firing the watchdogs that are tasked with finding it.
The outgoing comptroller general reflects on leading the agency through national crises, building a skilled workforce and guiding federal oversight before his term ends Dec. 29.
“We are the watchdog for the Congress, and it's really important that they collectively know our value,” congressional relations official Dave Powner told Nextgov/FCW.
COMMENTARY | The Government Accountability Office publishes a blog to explain its role amid threatened budget cuts and rhetoric that questions its value.