Political Quotes

On the recordSeptember 19, 2012
I am proud to sponsor the Veterans Fiduciary Reform and Noble Service Act. This important legislation will transform the VA's fiduciary program to better serve the needs of our most vulnerable veterans and their hardworking fiduciaries; but most importantly, it will protect veterans in the program from falling victim to deceitful and criminal fiduciaries. Since our February hearing, hardly a week has gone by where the Oversight and Investigations Subcommittee has not been contacted about a fiduciary issue. Many of these issues have involved honest and hardworking fiduciaries who are caught in the rigid bureaucratic trap that is the VA's fiduciary program. This bill will go a long way toward making that unyielding bureaucracy more responsive to the needs of the veterans that it is supposed to serve. We have heard many complaints about the requirement for fiduciaries to obtain a bond. While proper in some settings, it is inappropriate when it causes unnecessary hardship, such as a mother caring for her veteran son. This bill will require the VA to consider whether a bond is necessary and if it will adversely affect the fiduciary and the veterans he or she serves. The Veterans Fiduciary Program and Noble Service Act will also direct VA's Under Secretaries for Health and Benefits to coordinate their efforts to ensure that fiduciaries caring for their loved ones are not overly burdened by redundant requirements. Finally, Mr.…
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Bill Johnson
Republican · Ohio

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