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Taxpayer Funds Oversight and Accountability Act

Floor Speech

Date: June 8, 2026
Location: Washington, DC


Mr. Speaker, I rise today also in support of H.R. 8340, the Taxpayer Funds Oversight and Accountability Act. This bill would make a number of improvements to the financial management at Federal agencies.

Mr. Speaker, as the gentleman from California mentioned, this is a great accountability bill. It requires the Federal Government to create a governmentwide financial management plan every 4 years and increases the responsibilities of agency CFOs to implement those plans.

It is common sense and bipartisan, and I urge my colleagues to support the bill.

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