These funds were identified on millions of prepaid debit cards and issued by states to distribute supplemental federal unemployment benefits during the pandemic. But More than six years after the pandemic, these accounts have been left forgotten by state workforce agencies, unreconciled, in some cases transferred by banks to state unclaimed property due to inactivity. which really complicates recovery efforts. Without congressional action, hundreds of millions of dollars may go unrecovered. This committee has been focused, laser focused on the prosecution of pandemic era unemployment fraud and strengthening the unemployment program. (02:01–02:14)
CLAIM
Asserts that pandemic-related accounts have been left unreconciled and transferred to state unclaimed property.
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