State Financial Officers Foundation
Coverage of State Financial Officers Foundation in the Nexus archive.
- Fraudsters abused Biden's lax policies to steal billions, financial watchdog claims
The State Financial Officers Foundation (SFOF) claims Biden's relaxed policies enabled widespread fraud, with $28 billion returned to taxpayers in 2025 and $5.7 billion in waste, fraud, and abuse uncovered. SFOF CEO OJ Oleka criticized lax eligibility requirements during the Biden administration, while praising Trump's 'War on Fraud' led by JD Vance.
- Fraudsters abused Biden's lax policies to steal billions, financial watchdog claims
A financial watchdog claims Biden's relaxed policies enabled widespread fraud, leading to billions in taxpayer losses. State financial officers reclaimed $28 billion in 2023, but critics argue weak eligibility requirements during the Biden administration exacerbated the issue. The Trump administration's 'War on Fraud' initiative, led by JD Vance, is praised for addressing the problem.
- Red-state auditor reports 'explosion' of fraud tips as he targets state employees 'racking up' taxpayer waste
Nebraska State Auditor Mike Foley reports a surge in fraud complaints as he targets state employees misusing taxpayer resources, uncovering alleged waste and abuse within the state government. Foley's efforts have led to the discovery of improper use of state vehicles and assets. The crackdown has put him at odds with Nebraska's Republican Governor Jim Pillen.
- Red-state auditor reports 'explosion' of fraud tips as he targets state employees 'racking up' taxpayer waste
Nebraska State Auditor Mike Foley reports an increase in fraud complaints and is cracking down on state employees misusing taxpayer resources. His efforts have uncovered alleged misuse of state vehicles and assets, including trips to liquor stores and personal errands. The crackdown has led to a situation that Foley describes as 'uncomfortable' with Nebraska's Republican Gov. Jim Pillen.
- Over a dozen state officials rally behind game-changing Trump admin rule cracking down on fraud: 'Essential'
State financial officers from 12 states support a Trump administration rule targeting pharmacy benefit managers (PBMs) to increase healthcare transparency and combat fraud. The proposed Department of Labor regulation aims to expose hidden pricing and reduce costs by requiring disclosure of middlemen revenue streams.