Fraudsters abused Biden's lax policies to steal billions, financial watchdog claims

As pervasive fraud schemes continue to sweep across the U.S., a group that seeks to preserve economic freedoms at the state level says that former President Joe Biden's policies were a main driver for the proliferation of the issue.

OJ Oleka, CEO of the State Financial Officers Foundation, said "relaxed controls" during the last administration opened the door to widespread fraud and misuse of taxpayer dollars. And state treasurers are now leading the fight to strengthen oversight and reclaim funds for the American people.