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 . . .

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