Testimony: Examining Fraud Risk Management in the Department of Defense
Description
Opening Statement of GAO Director Seto Bagdoyan testifying on June 4th, 2025 before the Committee on Oversight & Government Reform. Seto testified about the Department's efforts to reduce the risk of fraud. The scale and scope of its spending--including about $445 billion pledged in FY 2024 to contracts for new weapons, support services, and more--make it susceptible.