Prepared Opening Statement by Senator Chuck Grassley of Iowa
Chairman, Senate Judiciary Committee
Nominations
Wednesday, February 25, 2026
Good morning. I’d like to welcome everyone to today’s hearing on the nomination of Colin McDonald to be Assistant Attorney General for the National Fraud Enforcement Division.
Today, we’re going to hear a lot about fraud enforcement. It’s an important issue – and one that concerns all Americans.
Throughout my career, I’ve led the charge in combatting fraud.
In 1986, I authored landmark amendments to the False Claims Act that enabled the government to recover taxpayer dollars from entities that defrauded its programs.
Since then, the False Claims Act has been used to recover $85 billion in taxpayer dollars, and that number keeps growing.
Last year, the government recovered more than $6.8 billion under the False Claims Act – the highest single year…
Be wary of “too good to be true” investment opportunities found on Facebook or Telegram that promise guaranteed returns, as these are almost always Ponzi or “Pig Butchering” schemes.