*Update 11:05 a.m.: The hearing has reconvened. Tune in live now.
*Update 10:13 a.m.: The hearing is in recess for votes in the House. We will keep you posted once the hearing reconvenes.
This morning the House Veterans Affairs Subcommittee on Oversight and Investigations will host a hearing on the VA’s fiduciary system, which has come under scrutiny in recent years over concerns for severely disabled veterans’ financial interests.
The hearing commences at 10:00 a.m. in the committee’s chambers, room 334 of the Cannon House Office Building. To view the live webcast of the hearing, click here.
VA assigns fiduciaries to oversee VA benefits paid to severely disabled and incapacitated veterans incapable of managing the funds. However, a 2010 report from the VA’s Office of the Inspector General indicated that loopholes persist in the program that keep VA from properly auditing fiduciary accountings and prohibit VA from balancing delinquent accounts.
The VFW most recently testified on these inequities during last spring’s legislative hearing before the Senate Veterans Affairs Committee, calling for improvements to the program, and VFW advocates in Washington will be watching this morning’s proceedings closely in the House.
This morning’s panelists include Dave McLenachen, VA’s director of pension and fiduciary service, alongside fiduciaries who have been tasked to represent veterans’ financial interests. To view a full list of panelists, click here.
Prepared remarks for each panelist should be available later this week. VFW will keep you posted through this blog on this morning’s hearing. Check back for updates.
Every thing is going up,price wise, these Vets, what ever the cost to live. Makes no different,they got it coming. And cost of living rate, These boys have paid the price,a soldier never knows if he is coming back.
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