Video & Transcript Research : 'fraud'
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OK
Oklahoma 2026 Regular Session
House of Representatives Second Regular Session of the 60th Legislature Day 18 Mar 3rd, 2026 at 09:30 am
Oklahoma House Floor Meeting
Transcript Highlights:
- And as we all know, there's a lot of fraud In credit cards potentially.
- And they created a better checklist of the agreed upon audit procedures based on previous years of fraud
Bills:
HB2979, HB3790, HB3142, HB3463, HB4143, HJR1086, SB392, HB3087, HB3037, HB3581, HB4058, HB2959, HB4227, HB2997, HB4125, HB1453, HB3521, HB3691, HB2015, HB2940, HB1016, HB3267, HB3695, HB3697, HB3045, HB3662, HB3453, HB3053, HB3301, HB3495, HB3584, HB3586, HB3587, HB3845, HB4198, HB4425, HB2970, HB3338, HB3443, HB3783, HB3800, HB3818, HB1242, HB1752, HB2961, HB2967, HB2973, HB2988, HB3031, HB3240, HB3047, HB3052, HB3066, HB3086, HB3175, HB3177, HB3178, HB3429, HB3548, HB3638, HB3404, HB3704, HB1590, HB3759, HB3831, HB3904, HB4092, HB1979, HB1983, HB1250, HB2952, HB3671, HB3920, HB4118, HB3944, HB3969, HB3973, HB3975, HB3976, HB3978, HB3983, HB3984, HB3942, HB4203, HB2588, HB3024, HB3383, HB3279, HB3919, HB3883, HB4193, HB3431, HB3435, HB4352, HB4484, HB1245, HB3172, HB3306, HB4294, HB3880, HB2929, HB3128, HB2956, HB3015, HB3114, HB3567, HB3749, HB4229, HB4237, HB4253, HJR1046, HJR1084, HB3411
Keywords:
HB2979, Talyn Bain Act, school zone, school safety, speed limit, 45 mph, state highway, Department of Transportation, ODOT, flashing beacons, traffic enforcement, speeding violation, public school, private school, K-12, drop-off, pick-up, highway safety, municipal maintenance, county commissioners
MN
Transcript Highlights:
- Upgrading public IT infrastructure is a pivotal component of a fraud prevention strategy.
- In addition to fraud prevention, this bill can enhance our state's ability to invest in cybersecurity
- In addition to fraud the banial budget.
- In addition to fraud prevention,<01:30:24.239>
this <01:30:24.480>bill <01:30:24.719> - and protect motans's prevent fraud and protect motans's information<01:31:03.840>
services.
Keywords:
emergency shelter, grant program, homelessness, capital investment, Minnesota Statutes, appropriation bonds, public funding, housing, infrastructure bonds, funding, appropriation, Minnesota constitutional amendment, public debt, state bonds, general obligation bonds, information technology, IT infrastructure, software licenses, technology modernization, capital improvements
KY
Kentucky 2026 Regular Session
House Legislative Session Day 33 (2-24-26)
Kentucky House Floor Meeting
Transcript Highlights:
- Now, throughout this debate, we've heard the allegations of fraud, waste, and abuse on these issues.
- And to be clear, the federal government has a statute that criminalizes honest services fraud.
- And to be clear, the federal government has a statute that criminalizes honest services fraud.
- Throughout this debate, we've heard the allegations of fraud, waste, and abuse on these issues.
- And to be clear, the federal government has a statute that criminalizes honest services fraud.
Summary:
The House convened with a quorum, approved the journal, excused absent members, and suspended rules to allow co-sponsorship and vote modifications. The Senate reported passage of Senate Bills 52 and 124, and several House committees reported favorable action on bills including HB 1, HB 2, HB 94, HB 246, HB 282, HB 299, HB 307, HB 519, HB 613, and HB 648. Most of those measures were ordered to first reading and placed on the calendar; HB 1 and HB 307 were sent to the Rules Committee after having had two previous readings. The House then recessed briefly before returning to the orders of the day.
The chamber took up HB 568, relating to public adjusters. The sponsor explained that the bill would prohibit new public adjuster licenses, allow current licensees to renew, impose conflict-of-interest and contract requirements, set a 5% fee cap, and bar public adjusters from negotiating claims, citing consumer protection concerns and legal opinions about the practice of law. After debate and a brief explanation of vote from a member citing local storm-related abuses, the House voted on roll call and passed HB 568 with one nay vote.
The House then considered HB 1, which would opt Kentucky into the federal education freedom tax credit program. Supporters said it would allow private donations to scholarship-granting organizations to benefit Kentucky students without using state general funds, and argued it could help public, private, and homeschool families with education-related expenses. Opponents criticized the speed of the process, warned it could open the door to vouchers and charters, and argued it would mainly benefit wealthier donors while public schools remain underfunded. Members also questioned the bill’s waiver of 11th Amendment immunity and received explanations that the waiver was limited to federal-court jurisdiction over the federal program and would not create individual liability for state actors. A motion to table the bill failed with 19 votes in favor, and debate continued.
KY
Kentucky 2025 Regular Session
Information Technology Oversight Committee (9-10-25)
Transcript Highlights:
- <01:03:01.600>
fraud <01:03:02.000>prevention <01:03:02.760>and additional fraud - fraud prevention and additional fraud fraud prevention and accuracy.<01:03:03.800>
There's <01 - /c><01:03:58.400>
are <01:03:58.520>looking <01:03:58.800>at <01:03:58.920>fraud - We are looking at fraud at compliance.
- We are looking at fraud to<01:03:59.280>
see <01:03:59.400>what <01:03:59.520>we
Keywords:
Meeting Start 00:00:00
Commonwealth Office of Technology 00:01:00
Department of Education 00:21:00
Transportation Cabinet 00:35:30
Secretary of State 00:45:15
Cabinet for Health and Family Services 00:56:11
Discussion of the Kentucky Communications Network Authority and Related legislation 01:09:11, 958, all
Summary:
The meeting began with approval of the prior minutes and then focused first on the Commonwealth Office of Technology’s legacy systems and two specific projects. COT officials said many agencies have made progress moving off legacy applications, with remaining mainframe systems slated to be retired through RFPs or other work orders. They also described a legacy funding pool of $10 million per biennium used to help agencies transition. The two projects discussed were the Kentucky aerial photography and elevation data program, which provides statewide aerial imagery and lidar data for GIS, E911, environmental, transportation, and other uses, and a citizen identity and access management system intended to give residents a single login for state services. Officials said the GIS program costs about $1.2 million annually to host and maintain, with data acquisition costing several million more per year, and that the citizen identity system would cost about $2.5 million per year after an initial three-year COT investment. Members asked about duplication of funding, licensing, local government use, and whether multi-factor authentication would be required; COT said the GIS data is being acquired as statewide unlicensed data and that MFA would be available but not yet mandated statewide.
Committee members pressed COT on costs, overlap with cabinet-level IT spending, and the practical benefits of the GIS and identity projects. COT explained that GIS hosting is generally covered through enterprise assessments billed quarterly to agencies, while the new aerial data is intended to benefit the whole state and local partners. On the identity project, officials said it would centralize authentication for citizens who use state systems, improve compliance with zero-trust and NIST-related security expectations, and reduce help desk and maintenance burdens through self-service account tools. Members also discussed whether the system would extend to local governments; COT said it would be a Kentucky.gov-style state login for users inside the state identity infrastructure, not a local-government system.
The Department of Education then testified that it does not operate mainframes or major legacy systems, having moved long ago to cloud-based, off-the-shelf products and vendor-supported services. KDE officials described a strong emphasis on staff cybersecurity awareness, standardized statewide systems, vendor risk-sharing, and reducing sensitive data exposure, including efforts to move away from student Social Security numbers. They also highlighted a transition from Microsoft Active Directory to Identity Automation, which they said will improve identity management and make multi-factor authentication universal across K-12. In response to questions about Kentucky Wired and internet service, KDE said all 171 school districts and KDE agencies have been moved to a new next-generation internet service through ENA by Zayo, with strong satisfaction, e-rate savings, and better reliability. Officials warned that any internet disruption would immediately affect attendance, grades, student records, payroll, security systems, and communications across the K-12 system.
NH
New Hampshire 2025 Regular Session
House Finance Division III (01/27/2025)
Transcript Highlights:
- So, um, Meritus team also has a fraud, waste, and abuse team that regularly looks into suspicions of
- fraud, and she's going to go into a little bit more of that tomorrow, but I just kind of want to provide
- So, um, Meritus team also has a fraud, waste, and abuse team that regularly looks into suspicions of
- so um Meritus team also has a fraud so um Meritus team also has a fraud waste<00:44:51.800>
and - and she's going to go into a fraud and she's going to go into a little<00:44:59.200>
bit <00:44
Summary:
The committee convened an informational Division 3 Finance hearing focused on DHHS programmatic issues rather than budget line items. The chair emphasized that members should avoid questions requiring dollar figures and noted that the coming budget cycle would likely be difficult because revenues are expected to be tighter. Commissioner Lori Weaver said the department wanted to use the session to explain its functions at a high level, with more detailed presentations to follow, and to collect questions for later responses.
Weaver outlined DHHS’s mission of supporting optimal health for state residents and described the department’s three main responsibilities: protection and prevention, client service delivery, and regulatory oversight. She said DHHS has eight divisions, a $3.6 billion total budget, about $1.217 billion in general funds, roughly a quarter of state positions, and personnel costs that are less than 11% of the budget. She also noted a recent hiring freeze, explained that the department did not request new positions except where required by law, and said vacancy rates had improved from 22% to 14% over the last two years but could rise again because of attrition and the hiring freeze.
Weaver and CFO Nathan White then discussed why the DHHS budget is complex, explaining that it is built from multiple funding sources and is shaped by assumptions made months before the fiscal year begins, actual service demand, and cost allocation rules used to draw down federal funds. White highlighted maintenance-of-effort requirements, including TANF, where state spending is needed to secure federal matching funds and shortfalls can trigger penalties. At the committee’s request, DHHS agreed to provide a simplified historical accounting of TANF contributions to show how the match is assembled across positions, contracts, and other factors.
The department also reviewed its roadmap, which Weaver described as a framework developed with staff and stakeholders around three themes: culture, community, and customer service. She highlighted priorities such as Mission Zero to end emergency department boarding, expanding access to community-based and residential behavioral health services, reducing reliance on institutional care, improving contract management with nonprofit and provider partners, using data dashboards to guide decisions, and investing in workforce stability and culture. No votes were taken; the main action was DHHS’s commitment to provide additional follow-up materials, including the TANF contribution breakdown.
LA
Transcript Highlights:
- What we found, through our experience in the Medicaid fraud unit, is that these folks who may have been
- Our Medicaid fraud unit director is here, and he can answer any other questions and give you a little
- Members, Matthew Stafford, Director of the Attorney General's Medicaid Fraud Control Unit.
- One lady we just arrested for Medicaid fraud a few months ago has about a 31-page rap sheet out of Texas
- So if you have a conviction from another state, hopefully you're not committing Medicaid fraud or abusing
Summary:
The Senate Committee on Health and Welfare met on May 13 with a quorum present and approved the prior meeting minutes. The committee first heard HB 971, which would equalize Medicaid reimbursement rates between independent clinics and hospital-owned rural health clinics; supporters said independent clinics are disadvantaged by a large payment disparity, and the bill was reported favorable without objection. The committee also recognized visiting Alpha Phi Alpha members and other guests during personal privilege remarks.
Members then considered HB 414, which would bar hiring certain health care workers and direct support professionals with serious disqualifying convictions from other states and address background-check issues for therapeutic group homes. After adopting three amendment sets, the bill was reported as amended. HB 740, creating an independent review process for Medicaid behavioral health claim disputes in the coordinated system of care, was amended to clarify applicability and CSOC definitions and then reported as amended. HB 288, which would place the term “miscarriage” alongside “spontaneous abortion” in medical documentation, drew emotional testimony from affected parents and advocates; the committee reported it favorable.
The committee also advanced several more bills: HB 405, updating the name of the national acupuncture certifying body, was reported favorable; HB 786, prohibiting extrapolation in certain managed-care claims recoupments, was reported favorable; HB 1095, allowing alternative backup power sources for nursing homes, was reported favorable; HB 403, raising the cottage food gross-sales cap, was amended from $50,000 to $150,000 and then reported favorable; HB 930, modernizing cosmetic-product regulation and creating a small-producer exemption, was reported favorable; HB 557, defining long-term pharmacies for policy purposes, was reported favorable; HB 779, on expedited partner therapy for sexually transmitted diseases, was reported favorable; HB 915, setting utilization-management timelines and standards, was reported favorable; HB 546, expanding criteria for peace officers to take someone into protective custody during a mental health crisis, was reported favorable; HB 796, creating a chiropractic preceptorship program, was reported favorable; and HB 933, authorizing commemorative birth certificates, was reported favorable.
The final major item was HB 1041, a “no-mandate” bill barring discrimination based on medical intervention status. The sponsor and Surgeon General said it was aimed at healthy, asymptomatic individuals and not at public health quarantine powers, but Senator Boudreaux objected to exemptions for schools and hospitals and offered an amendment to restore broader coverage. That amendment failed on a roll-call vote, and the bill remained under discussion as the transcript ended, with no final committee disposition shown in the excerpt.
LA
Transcript Highlights:
- What we found, through our experience in the Medicaid fraud unit, is that these folks who may have been
- Our Medicaid fraud unit director is here, and he can answer any other questions and give you a little
- Members, Matthew Stafford, Director of the Attorney General's Medicaid Fraud Control Unit.
- One lady we just arrested for Medicaid fraud a few months ago has about a 31-page rap sheet out of Texas
- So if you have a conviction from another state, hopefully you're not committing Medicaid fraud or abusing
Summary:
The Senate Committee on Health and Welfare met on May 13 and approved the minutes from the prior week before taking up a series of House bills, many of them with testimony from sponsors, agency officials, and stakeholders. Early action included HB 971, which would direct LDH to equalize Medicaid reimbursement rates between independent rural health clinics and hospital-owned rural health clinics; the sponsor described a significant payment disparity and the committee reported the bill favorably. The committee also deferred HB 1030 and HB 796 until the following week before moving to other items on the agenda.
Several bills dealing with Medicaid and provider regulation were advanced. HB 414, as amended, closes a loophole so health care providers cannot hire unlicensed workers with certain serious out-of-state convictions; amendments addressed effective dates, FBI background-check issues for therapeutic group homes, and delays for direct support professional applicants caused by minor record issues. HB 740, as amended, creates an independent review process for Medicaid claims disputes in the coordinated system of care for behavioral health providers, with amendments clarifying applicability dates and program definitions. HB 786, which prohibits extrapolation in managed care claims recoupments and requires recovery to be based on actual overpayments or underpayments, was also reported favorably. HB 915 set timelines and accountability standards for prior authorization and utilization management in Medicaid managed care and was reported favorably after testimony about delays in care.
The committee also heard and passed several bills affecting health professions and facilities. HB 405 simply updates the name of the national acupuncture certification body. HB 1095 allows nursing homes to use alternative power sources while keeping existing generator and fuel requirements. HB 557 defines long-term care pharmacies for policy purposes. HB 779 authorizes expedited partner therapy prescriptions for certain sexually transmitted diseases. HB 933 creates an optional commemorative birth certificate, with part of the fee going to the Office of Women’s Health. HB 796, carried by another representative for the author, establishes a chiropractic preceptorship program with on-site supervision requirements and was reported favorably after questions about student training and patient safety.
The committee also heard emotionally charged testimony on HB 288, which would place the term “miscarriage” alongside “spontaneous abortion” in medical documentation and patient communication. Several witnesses described the distress caused by current coding language, and supporters said the change would make records more compassionate and understandable; the bill was reported favorably. HB 403 increased the cottage food gross-sales cap, and after testimony from small producers and the committee’s discussion of other states’ higher limits, an amendment raised the cap to $150,000 before the bill was reported favorably. HB 930 modernizes cosmetic-product regulation and creates a small home-based producer exemption under a wholesale-sales threshold; it was also reported favorably. Finally, HB 1041, a no-mandate bill restricting discrimination based on medical intervention status, prompted extended debate over exemptions for schools, hospitals, and other entities, with one amendment failing on a roll-call vote and the discussion continuing over the scope of the bill and federal funding concerns.
AL
Transcript Highlights:
- >> That limits the appraiser's liability to any charge of impropriety other than fraud.
- to any charge of impropriety<00:24:41.200>
other <00:24:41.520>than <00:24:42.640>fraud - impropriety other than fraud. impropriety other than fraud. uh<00:24:44.400>
in <00:24:44.640 - >> That limits the appraiser's liability to any charge of impropriety other than fraud.
Bills:
HB41, HB149, SB230, SB87, SB169, SB238, SB233, HB72, HB41, HB149, SB230, SB87, SB169, SB238, SB233, HB72
Keywords:
sexual offenses, penalties, rape, sodomy, criminal justice, Judicial Branch, Alabama State Bar, legal profession, commissioners, government agency, campaign finance, security measures, candidates, elected officials, legislative protection, civil procedure, statute of limitations, real estate appraisers, legal complaints, appraisal board
TX
Transcript Highlights:
- Solar fraud is not a single identifiable type of problem, but rather is a grab bag of consumer protection
- period of time, but it does not allow the financing contract to be cancelled after that period when fraud
- When fraud has occurred by requiring the agreement to be provided in paper form not digitally on a tablet
- basic registration. and transparency requirements for solar sales ensuring Texans are protected from fraud
- glance at the committee substitute and I didn't think address this is on the back end if there is fraud
Bills:
SB264, SB542, SB924, SB1008, SB1029, SB1036, SB1057, SB1058, SB1185, SB1202, SB1358, SB1364, SB1376, SB1569, SB1664, SB1697, SJR50
Keywords:
SB 264, Texas Workers' Compensation Act, group self-insurance, self-insured groups, workers' compensation, Texas Department of Insurance, commissioner of insurance, certificate of approval, guaranty fund, trust fund, wind down, dissolution, labor code, insurance regulation, employer coverage, risk pool, business and commerce, trade workforce economic development, property owners' association, water conservation
HI
Hawaii 2025 Regular Session
CPC/JHA Joint Public Hearing - Tue Mar 18, 2025 @ 2:00 PM HST
Transcript Highlights:
- which I had thought was a pretty big hook to motivate online platforms to play nice and not allow fraud
- I think our concern really, in looking at this sector and what has happened and trying to prevent fraud
- to fly to play nice to not allow fraud to fly to play nice to not allow fraud fraud<01:31:18.320
- series on there so can you can you fraud series on there so can you can you kind<01:31:20.360>
of - <01:31:31.159>
it happened and trying to prevent fraud it happened and trying to prevent fraud
Summary:
The committee heard testimony on several measures, beginning with SB 48 SD2 HD1 relating to combat sports. The Attorney General offered a technical comment on the bill’s effective date, and several testifiers from the combat sports community strongly supported the measure with amendments. They argued that boxing and MMA should be treated separately, that the current regulatory structure has made events too costly and reduced opportunities, and that more local oversight would help revive the sport and give youth a constructive outlet. Committee members questioned whether the bill’s medical staffing requirements would apply to boxing, MMA, or both, and whether the added requirements would increase costs and reduce access. The witness from the combat sports community said amateur boxing is already regulated through USA Boxing, that the DCCA should focus on professional boxing, and that for safety he would support two physicians and one ambulance for boxing and MMA events.
The committee then took up SB 117 SD2 HD1 relating to transportation. The Department of Transportation and the Ulon Initiative testified in support, and the bicycling community was listed as supporting as well. Members focused on the bill’s rebate program for electric transportation devices, asking how successful it had been and whether removing the rebate would affect use. DOT said the program began in February 2023 and had issued about 500 rebates totaling roughly $166,000, aimed at helping people without vehicles access transportation options. The department explained that the bill would broaden access and increase the rebate amount, including additional assistance for low-income applicants.
Finally, the committee heard SB 897 SD3 HD1 relating to energy and wildfire liability. The Division of Consumer Advocacy, the Public Utilities Commission, the Attorney General, Clearway Energy Group, Ulon Initiative, Kawai K, IBEW Local 1260, and Hawaiian Electric all testified in support, while the Hawaii Association for Justice was listed as opposed but not present. Supporters said the bill would help finance wildfire mitigation and infrastructure improvements through securitization, reduce wildfire risk, and address utility cost and credit concerns. Hawaiian Electric emphasized that the bill is forward-looking, would help protect customers from future wildfire-related cost increases, and requested amendments including a study on a future wildfire recovery fund. In questioning, members pressed Hawaiian Electric on the liability cap, asking whether it would have applied to the Maui wildfires and whether it would cover personal injury or wrongful death; the witness and company counsel clarified that the aggregate cap applies only to qualifying property damage, not personal injury or wrongful death, and said they would follow up on how the cap would calculate in a Maui-type event. Hawaiian Electric also said it would seek financing under the bill if enacted and updated members on settlement funding efforts, including raising the first $550 million in equity and divesting assets to help meet its obligations.
MN
Transcript Highlights:
- They are going to go after waste, fraud, and abuse, and uh people who, you know, illegal immigrants who
- They are going to go after waste, fraud, and abuse, and uh people who, you know, illegal immigrants who
- They are going to go after waste, fraud, and abuse, and uh people who, you know, illegal immigrants who
- They are going to go after waste, fraud, and abuse, and people who, you know, illegal immigrants who
- <01:43:03.159>
or fraud or fraud or mismanagement<01:43:04.920>so mismanagement so mismanagement
MN
Transcript Highlights:
- <01:13:34.000>
This <01:13:34.159>is <01:13:34.239>very $9 billion in fraud. - This is very $9 billion in fraud.
- Additionally, Minnesota banks invest heavily in fraud prevention in our communities.
- From robust anti-money laundering programs to elder fraud prevention to on-the-ground expertise where
- <01:29:41.280>
prevention <01:29:41.600>in <01:29:41.840>our heavily in fraud
Keywords:
school supplies, sales tax exemption, use tax, sales and use tax, back-to-school, classroom supplies, education tax relief, tax holiday, retail exemption, Minnesota sales tax, school materials, binders, calculators, notebooks, pencils, backpacks, book bags, local tax revenue, taxable sales base, income tax
CO
Colorado 2026 Regular Session
Colorado House 2026 Legislative Day 056 Mar 11th, 2026
Colorado House Floor Meeting
Transcript Highlights:
- , fraud, fraud, schemes<01:06:30.080>
involving <01:06:30.520>housing <01:06:30.880> - I am going to ask for a no vote on this amendment, as doing so already constitutes fraud.
- <01:49:50.280>
I doing so already constitutes fraud. - I doing so already constitutes fraud.
- , but it would be flagged it's tax fraud, but it would be flagged and<01:52:43.360>
only <01:52
MN
Minnesota 2025-2026 Regular Session
Committee on Agriculture, Veterans Broadband and Rural Development - 03/12/25
Agriculture, Veterans, Broadband, and Rural Development
Transcript Highlights:
- Has there been fraud that's been found that hasn't gone to what it's supposed to go to and hasn't built
- Has there been fraud that's been found that hasn't gone to what it's supposed to go to and hasn't built
- requirements for the Office of Grants Management, so I'm quite confident that there was no rampant fraud
- <01:05:52.839>
was <01:05:53.039>no <01:05:53.319>rampid <01:05:53.760>fraud - confident that there was no rampid fraud confident that there was no rampid fraud happening<01:05
MN
Minnesota 2025-2026 Regular Session
House State Government Finance and Policy Committee 2/25/25
State Government Finance and Policy
Transcript Highlights:
- Unit will take a look at those a Fraud Unit will take a look at those uh<00:46:19.800>
and <00 - Basically, it's maintaining just kind of all the things we talked about: fraud prevention, maintaining
- First, I just want to say thank you for all the work that you're doing to prevent fraud.
- and being able about uh preventing fraud and being able to<01:03:24.200>
have <01:03:24.440>- There are opportunists who then slip into fraud, right?
OK
Oklahoma 2026 Regular Session
Appr/Sub-Education REVISED Jan 7th, 2026 at 10:00 am
NH
New Hampshire 2025 Regular Session
Commission to Study Stable Tokens (12/10/2025)
Transcript Highlights:
- opportunity for fraud and for money<01:00:38.559>
to <01:00:38.960>be, <01:00:39.359> <01:54:50.719>- The witness clarifies that the main interest is fraud: people being steered into sending money under
- "This is an important consideration as you pick the right platform because often times in these fraud
or <01:54:51.040>scam um often times in these fraud or scam um often - So um if a frauds that's always running.
Summary:
The commission met with a quorum, approved the agenda, and approved the November 12 minutes after a motion, second, and unanimous voice/online consent. The chair said the meeting would include two presentations—one from Noah Herman of Fortress Global and one from John Kicko and team from Hedera—followed by discussion of the commission’s next steps and public comment. The chair also noted he was still seeking a clerk for note-taking.
Herman’s presentation focused on stablecoins, blockchain use cases, and operational considerations for states and other institutions. He described Fortress as an enterprise crypto-wallet and treasury platform serving corporates, governments, and nonprofits, and used examples such as Save the Children and a large global commodities firm to illustrate custody and treasury management on blockchain rails. He said stablecoins are designed to maintain a U.S. dollar peg, are increasingly backed by treasuries and subject to greater transparency, and are being adopted by major firms and payment companies because they can improve speed, reduce cost, and simplify payments. He also highlighted market growth, including claims that stablecoins now represent a significant share of on-chain activity and are a major holder of U.S. Treasuries.
He identified custody as a key issue for state and institutional use, outlining qualified custody, managed custody, and self-custody models. He said the main practical challenge for the commodities client was moving funds safely and quickly across global time zones and that blockchain rails could solve problems that traditional banking rails could not. He framed the broader trend as one of accelerating institutional adoption, citing recent acquisitions and product launches by Visa, Stripe, Citi, and PayPal as evidence that stablecoin infrastructure is becoming mainstream.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Friday, September 19, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- That's<00:47:14.640>
fraud. - <00:47:17.359>
CMS That's fraud. In plain view, Texas. CMS That's fraud. - billions of dollars in waste and fraud. billions of dollars in waste and fraud.
- And those are the measures to root out waste, fraud, and abuse that they want to rip away so that we
- And what's more, it's doing so in a way that relies upon not only voter fraud, confusing people, but
AZ
Arizona 2026 Regular Session
06/10/2026 - House Republican Caucus Calendar #25
Transcript Highlights:
- And we put all those statutes, and some of them we treat even a little tighter because of the fraud that's
- And we put all those statutes, and some of them we treat even a little tighter because of the fraud that's
- Some of them we treat even a little tighter because of the fraud that's there that we need to fight and
Summary:
The meeting covered a series of fiscal year 2027 budget and budget-related bills, beginning with the general appropriations and tax package. Staff and the chair highlighted a budget built around about $1.4 billion in tax cuts, a one-time 2.5% agency reduction, major funding for state employee health insurance, corrections, flood and wildfire relief, and other supplemental appropriations. The chair repeatedly urged support for the package, emphasizing the size of the tax cut and noting that the committee’s joint vote had only three no votes out of 28 members.
Members then reviewed several smaller budget implementation bills affecting racing and gambling, capital outlay, commerce and defense innovation, corrections, environment and water policy, higher education, human services, K-12 education, county finance, tax administration, state data governance, and state office rent rates. Key provisions included extending or modifying funds and fee structures, transferring surplus or unneeded monies, creating or revising oversight boards and pilot programs, increasing K-12 funding by 2% for inflation, adjusting university retention limits, expanding SNAP and housing-related requirements, and changing tax conformity and credits. Several members asked clarifying questions about specific items such as electric vehicle charging funds, mobile home relocation payments, university funding, and the new health insurance oversight board.
The chair also explained the tax bill’s major changes, including conformity to federal tax law, a larger dependent tax credit, changes to deductions, repeal of certain tax credits, veteran property tax relief, limits on data center tax incentives, and provisions affecting manufacturing infrastructure and unemployment insurance administration. The committee discussed the Budget Stabilization Fund, debt repayment, and education rollover balances, with the chair arguing for using surpluses to pay down debt. The final item discussed was a behavioral health bill creating a home and community-based services program for adults determined to be seriously mentally ill, with a stated FY 2027 total fund appropriation of $7.8 million contingent on federal approval and matching funds. The meeting ended with a reminder that floor action would begin the next day at 10 a.m.
TX
Transcript Highlights:
- And attempting to obtain a court order via fraud subjects you to hefty criminal fines and potential jail
- initially and the updates here are to better enable the money services businesses to be monitored for fraud
- initially and the updates here are to better enable the money services businesses to be monitored for fraud
Bills:
HB431, HB1522, HB1922, HB2467, HB2468, HB3228, HB3229, HB3306, HB3803, HB3804, HB3805, HB3806, HB4219, HB4238, HB4344, HB4386, HB4739
Keywords:
HB 431, Texas Property Code, Property Code Chapter 202, solar roof tiles, solar shingles, solar energy device, homeowners association, HOA, property owners' association, POA, renewable energy, residential solar, distributed solar, roof-mounted solar, homeowner rights, architectural control, open meetings, public notice, transparency, government efficiency
Summary:
The Senate Committee on Business and Commerce met with a quorum and first took up pending business, reporting several House bills favorably to the full Senate, including HB 11, HB 132, HB 1041, HB 1606, HB 2286, and HB 5061, with some also recommended for the local and uncontested or contested calendars. The committee then heard and left pending HB 3306, which would extend construction-contract indemnity exceptions to electric infrastructure work, including construction, maintenance, and vegetation management for utilities. Supporters said it would align utility infrastructure work with public works and reduce litigation and ratepayer costs, while opponents argued it would shift liability onto subcontractors and create broad-form indemnity concerns.
Members also heard HB 4739, a Comptroller-requested cleanup bill repealing an outdated Finance Code provision tied to delinquency charges on retail charge accounts, and left it pending without testimony. The committee then considered several Department of Banking cleanup bills, including HB 3803, HB 3804, and HB 3806, all left pending after brief explanations and no public opposition. HB 4219, dealing with public information requests, drew support from a journalist and a policy analyst who said it would improve transparency by requiring timely responses, notice when records do not exist, and training or fee consequences for noncompliance; it was left pending.
The committee also heard HB 4238, a committee substitute addressing coerced debt and identity theft, which would bar collection of certain debts from victims who obtain a qualifying court order. A law professor and a family violence advocate supported the bill as narrow, protective relief for domestic violence and elder abuse survivors, and it was left pending. Other bills heard and left pending included HB 1522 on local government budget meeting posting and taxpayer impact disclosures, HB 4344 authorizing background checks for PUC employees and contractors, HB 3805 updating money services business regulation, HB 431 extending solar-panel HOA protections to solar tiles, HB 3228 and HB 3229 on wind and solar recycling financial assurance, and HB 1922 clarifying the accrual date for construction defect claims under right-to-repair law. The committee recessed subject to the call of the chair.