Financial Services and General Government
Chairman Dave Joyce
2000 Rayburn House Office Building
(202) 225-7245
Majority | Minority |
| Dave Joyce – Chair | Steny Hoyer – Ranking Member |
| Steve Womack | Mark Pocan |
| Mark Amodei | Marie Gluesenkamp Perez |
| Ashley Hinson | Glenn Ivey |
| Michael Cloud | Sanford Bishop, Jr. |
| Chuck Edwards | |
| Mark Alford | |
| Nick LaLota – Vice Chair |
Recent Activity
Washington, D.C. – Today, Financial Services and General Government Subcommittee Chairman Dave Joyce (R-OH) held an oversight hearing on the United States Postal Service (USPS) to collect testimony from Inspector General Tammy Hull on a variety of issues, ranging from oversight and budget needs to performance challenges and facility improvements, highlighting the agency's important service to the American taxpayers.
I would like to thank General Hull for being here today. The United States Postal Service is a mainstay for most - if not all - our constituents and communities. Its operations are vast with 640 thousand employees working to deliver millions of pieces of mail and packages daily. Yet, the Postal Service has faced significant financial challenges over the last several decades. Except for fiscal year 2022, the Postal Service has incurred losses in each fiscal year since 2007.
The Government Accountability Office, or GAO, said it best when they described the federal government as quote - “one of the world’s largest and most complex entities.”
I have said for years that we do a lot of talking in DC about how much we owe – and rightfully so, with the national debt continuing to climb – but we do not do a good job of talking about what we own. The U.S. government needs a clear balance sheet to fully understand both our costs and our assets, and I am hopeful that GAO can assist in that process.
To help Congress and the executive branch manage the federal government’s operations, GAO created a High-Risk List. This list, which is updated every two years, identifies areas that are ripe for waste, fraud, abuse, and mismanagement, or areas that need to be fundamentally overhauled.
