03.11.2025 Public Finance
AV statement on House Passage of the Pandemic Unemployment Fraud Enforcement Act
WASHINGTON – Andrew Moylan, vice president of public finance at Arnold Ventures, provided the following statement after the U.S. House of Representatives passed H.R. 1156, the Pandemic Unemployment Fraud Enforcement Act:
“Arnold Ventures applauds the House for passing H.R. 1156, the Pandemic Unemployment Fraud Enforcement Act, which would extend the statute of limitations for pandemic-era unemployment insurance (UI) fraud from five to ten years.
“The House is wise to act on this issue now, on the eve of the five-year anniversary of the onset of the COVID-19 crisis. With every day that passes, more fraudsters will escape accountability for financial crimes perpetrated during the pandemic. This type of fraud takes time to untangle, and the typical statute of limitations would not allow the Justice Department to fully prosecute the extraordinary amount of UI fraud in the pandemic. We applaud Representative Jason Smith (R‑MO) and the House Ways and Means Committee for its work to hold the criminals who defrauded American taxpayers to account.
“We encourage the Senate to promptly take up this legislation and send the message that Americans’ tax dollars are valuable and cannot be stolen without consequences.”
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Arnold Ventures is a philanthropy that supports research to understand the root causes of America’s most persistent and pressing problems, as well as evidence-based solutions to address them. By focusing on systemic change, AV is working to improve the lives of American families, strengthen their communities, and promote their economic opportunity. Since Laura and John Arnold launched their foundation in 2008, the philanthropy has expanded, and Arnold Ventures’ focus areas include education, criminal justice, health, infrastructure, and public finance, advocating for bipartisan policy reforms that will lead to lasting, scalable change. The Arnolds became signatories of the Giving Pledge in 2010.
