William R. Timmons

Timmons’ Bills to Crack Down on Waste and Protect Taxpayer Dollars Advance to House Floor

Position: Congressman Timmons advocates for two bills designed to reduce federal spending waste and improve oversight of benefit programs through enhanced verification systems and modernized financial management standards.

Subscribe to receive the latest news, insights, and updates directly to your inbox. Today, Congressman William Timmons (SC-04) announced that two of his bills advanced unanimously through the House Committee on Oversight and Accountability during a full committee markup, a key step toward consideration on the House floor. The legislation, the Timely and Accurate Benefits Act (H.R. 1755) and the Taxpayer Funds Oversight and Accountability Act (H.R. 8340), both focus on improving oversight of federal spending and cracking down on waste, fraud, and abuse that cost taxpayers billions each year. “Washington has a spending problem and an accountability problem,” said Congressman Timmons. “These bills take direct aim at both by making sure taxpayer dollars are tracked, verified, and spent the way Congress intended, so that we can restore trust and deliver results for the American people.” The Timely and Accurate Benefits Act (H.R. 1755) ensures federally funded benefit programs reach only eligible recipients by requiring states to use modern verification tools before distributing funds. The bill mandates the use of the U.S. Treasury’s Do Not Pay system to confirm eligibility before payments are sent out. It also updates how income is counted so eligibility decisions reflect how Americans earn money today, including contract income, gig work, and rental income. States will be required to identify gaps in their systems and develop plans to address them. Medicaid alone saw $37.4 billion in improper payments in fiscal year 2025. That is exactly the kind of waste these reforms are designed to prevent. The Taxpayer Funds Oversight and Accountability Act (H.R. 8340), bipartisan legislation co-led by Congressman Timmons and Congressman Min (D-CA), modernizes federal financial management standards that have not been updated in more than three decades. The bill strengthens the role of agency Chief Financial Officers by clearly assigning responsibility for internal controls, financial systems, and risk management, while requiring agencies to connect spending decisions to measurable performance outcomes. It also establishes a four-year governmentwide financial management plan with clear metrics and requires agencies to publicly report their progress. “We are putting accountability where it belongs and giving states the tools they need to verify eligibility and prevent waste. Every dollar misspent is a dollar taken from taxpayers and from those who truly need these programs,” said Congressman Timmons. Congressman Timmons' bills are also supported by the National Taxpayers Union. “This bill fills an implementation gap in federal benefit programs that rely on state or local governments to administer, and should save millions in taxpayer dollars,” said the National Taxpayers Union. “Taken together, these bills should help stop fraud before it actually occurs, potentially saving taxpayers billions of dollars over the budget window.” Both bills now move forward in the legislative process as House Republicans continue efforts to rein in waste, fraud, and abuse across the federal government.

Timmons Co-Leads SEEDS Act to Make TRUMP Accounts Permanent

Position: The release advocates for making TRUMP Accounts permanent and expanding eligible investment options to include digital asset indexes, positioning the program as a mechanism to build wealth and economic opportunity for all American children from birth.

Subscribe to receive the latest news, insights, and updates directly to your inbox. Today, Rep. William Timmons (SC-04) joined Representatives Young Kim (CA-40) and Salazar (FL-27) in introducing the Savings and Early Exposure to Diversified Securities (SEEDS) Act of 2026 to make TRUMP accounts permanent and expand eligible investment options. The SEEDS Act builds on President Trump’s TRUMP Accounts initiative to expand economic opportunity for all Americans by ensuring every child receives $1,000 invested in the stock market at birth, regardless of income or background. TRUMP Accounts give every American child a financial stake in our economy. Young Americans can watch their savings compound over time and access the funds when they turn 18. The SEEDS Act strengthens this program by giving families greater flexibility to grow long-term savings for their children. “By giving every child access to market-based savings at birth, TRUMP Accounts harness the power of American innovation and long-term growth. The SEEDS Act locks in this historic initiative and expands investment flexibility so families can build wealth and secure their children’s future,” said Rep. Timmons. “Every American deserves a stake in America’s Golden Age,” said Rep. Young Kim. “President Trump’s TRUMP Accounts are unleashing economic opportunity by putting the power of the world’s greatest economy to work for our children and grandchildren. The SEEDS Act reinforces this transformative program by making it permanent and giving American families more flexibility to create and grow wealth.” “America is the land of opportunity and Children are the future of this nation, but opportunity must be built. There is no greater investment we can make than helping set up America’s children financially from birth” said Rep. Salazar. “That is why I am so proud to co-sponsor the SEEDS Act. The Act builds on President Trump’s economic vision, to expand access to opportunity so that every child, regardless of zip code, can have a stake in the greatest economy in the world. By locking in these accounts permanently and expanding investment options, we are giving the next generation the tools to build wealth, pursue opportunity, and live the American Dream.” The legislation amends the Internal Revenue Code to treat digital asset indexes as eligible investments under Section 530A and removes the sunset provision from the TRUMP Accounts contribution program.

Timmons Statement on President Trump’s State of the Union Address

Position: Rep. Timmons endorses the Trump administration's policy agenda, including tax cuts for working families, prescription drug cost reduction, border security enforcement, and law-and-order initiatives.

Subscribe to receive the latest news, insights, and updates directly to your inbox. Rep. William Timmons (SC-04) released the following statement after President Donald J. Trump’s State of the Union address to a joint session of Congress: “As America approaches the 250th anniversary of our founding, President Trump made clear tonight that our nation is stronger, more prosperous, and more respected because Washington is once again focused on delivering real results for the hardworking men and women who keep this country running. Over the past year, Republicans in Congress have worked alongside President Trump to cut taxes for working families, lower the cost of prescription drugs, secure our southern border, and restore law and order in communities across the country. These policies are already making a difference for families and small businesses throughout the Upstate who simply want to keep more of what they earn. The winning is just beginning, and I remain committed to working with President Trump and my colleagues in Congress to ensure the people of the Fourth District continue to see the benefits of a government that puts them first.”

Timmons Celebrates Passage of the Housing for the 21st Century Act (H.R. 6644)

Subscribe to receive the latest news, insights, and updates directly to your inbox. Today, U.S. Congressman William Timmons (SC-04) released the following statement after the House of Representatives passed the bipartisan Housing for the 21st Century Act by a vote of 390–9. The legislation reflects a year-long bipartisan effort led by members of the House Committee on Financial Services to address rising housing costs, cut unnecessary regulations, and increase America’s housing supply. “The Housing for the 21st Century Act returns the dream of homeownership to millions of Americans,” said Congressman Timmons. “America’s housing shortage and years of inflation have pushed costs out of reach for too many families. This bipartisan package cuts red tape, modernizes outdated HUD programs, and empowers community lenders so we can build more homes and lower costs. I’m proud to work with Chairman Hill and Chairman Flood to help get this legislation across the finish line.” The Housing for the 21st Century Act includes two bills championed by Congressman Timmons. His SMART Act provides targeted regulatory relief for well-managed community banks by streamlining examinations and reducing compliance burdens, allowing them to focus more resources on lending in their communities. Full text HERE. His Helping More Families Save Act establishes a pilot program to help families in federal housing build savings through interest-bearing escrow accounts as their incomes rise, creating a pathway to long-term financial stability. Full text HERE. More information on the Housing for the 21st Century Act, including the full text of the legislation, is available HERE. Congressman Timmons serves on the House Committee on Financial Services.

Timmons Introduces Legislation to Strengthen Federal Supply Chain Security and Block Foreign Adversaries from Federal Technology Systems

Position: The release advocates for legislation that strengthens federal procurement security by expanding the Federal Acquisition Security Council's authority to identify and block foreign vendors and equipment deemed high-risk to U.S. national security, particularly from China.

Subscribe to receive the latest news, insights, and updates directly to your inbox. Yesterday, Congressman William Timmons (SC-04) introduced H.R. 7274, the Federal Acquisition Security Council (FASC) Improvement Act, bipartisan legislation co-led by Congressman Suhas Subramanyam (VA-10) and Congressman John Moolenaar (MI-02), to strengthen the federal government’s ability to prevent foreign adversaries like Communist China from infiltrating U.S. information technology and communications systems through federal procurement. The bill reforms and modernizes the FASC by moving it into the Executive Office of the President, expanding its authority, and providing dedicated operational support to proactively identify, investigate, and remove high-risk foreign vendors and equipment across all federal agencies. “Communist China is constantly looking for ways to exploit vulnerabilities in our federal systems and spy on the United States,” said Rep. William Timmons. “American taxpayer dollars should never be used to purchase technology that could compromise our national security. This legislation gives the federal government the tools and authority it needs to block dangerous foreign suppliers, secure our supply chains, and protect sensitive government networks before a threat becomes a crisis. We must be proactive, not reactive, when it comes to defending our country.” “Protecting federal information technology systems from foreign adversary influence shouldn't be a partisan issue,” said Rep. Suhas Subramanyam, “This bill ensures we are not spending taxpayer dollars on technology or vendors tied to foreign adversaries who could compromise our systems. It’s a commonsense step for acquisition security and reducing risk across federal agencies." The full bill text can be found HERE.

Timmons Announces House Passage of the Federal Supervisor Education Act of 2025 (H.R. 5810)

Subscribe to receive the latest news, insights, and updates directly to your inbox. The U.S. House of Representatives passed H.R. 5810, the Federal Supervisor Education Act of 2025, legislation introduced by Representative William Timmons (R-S.C.) to reform federal workforce procedures, increase efficiency, and reduce wasteful spending. H.R. 5810 directs federal agencies to strengthen existing, legally required training programs to enhance supervisory competencies and support mission execution. By requiring agencies to improve development initiatives for future managers, the bill ensures government processes run more smoothly and effectively for the American people. "Taxpayers deserve a federal workforce that is well managed, accountable, and focused on results," said Rep. William Timmons. "H.R. 5810 restores basic expectations for leadership by requiring real training, clear standards, and accountability for federal supervisors. This bill strengthens the federal workforce and ensures government works better for the American people." The bill was passed as part of a package of reform measures approved by the House Committee on Oversight and Government Reform aimed at modernizing federal operations, increasing productivity within agencies, and eliminating barriers that block Americans from fully engaging in their government. By fostering professional development and establishing higher standards for management, H.R. 5810 works to ensure federal agencies are technologically up-to-date and sufficiently serving the American public. The legislation now moves to the U.S. Senate for consideration.

Timmons Announces House Passage of the ICAN Act (H.R. 4431)

Position: Rep. Timmons supports H.R. 4431, which raises the cap on venture capital fund size from $10 million to $50 million and increases the allowable number of investors from 250 to 500, to improve access to startup funding outside traditional financial hubs.

Subscribe to receive the latest news, insights, and updates directly to your inbox. The U.S. House of Representatives unanimously passed H.R. 4431, the Improving Capital Allocation for Newcomers (ICAN) Act. The ICAN Act is a straightforward fix that updates the Qualifying Venture Capital Fund Exemption under Section 3(c)(1) of the Investment Company Act by raising the cap on permissible fund size from $10 million to $50 million and increasing the allowable number of investors from 250 to 500. These changes are designed to help venture capital funds raise more investor capital and improve access to funding for startups and growing businesses—especially outside traditional financial hubs. “Three-quarters of venture capital supports entrepreneurs in just three states: California, Massachusetts, and New York,” said Rep. William Timmons. “Congress must ensure that all Americans have greater access to the capital they need to keep our nation at the forefront of innovation. The ICAN Act is a commonsense, bipartisan step toward making it easier for American startups to grow, hire, and build here at home.” The full bill text can be found HERE.

Congressman William Timmons’ CAMPS Act (H.R. 5163) Passes House Oversight Committee

Position: Congressman Timmons supports legislation that would ban camping on public property in Washington, D.C., establish penalties for violations, and empower federal law enforcement to enforce the ban.

Subscribe to receive the latest news, insights, and updates directly to your inbox. Congressman William Timmons' (SC-04) Clean and Managed Public Spaces Act (CAMPS Act, H.R. 5163) has successfully passed out of the House Committee on Oversight and Government Reform, marking a critical step toward restoring safety, order, and dignity in the Nation’s Capital. The CAMPS Act addresses the growing public safety and public health crisis caused by encampments throughout Washington, D.C. Specifically, the legislation: Bans camping on public property — no tents, tarps, or makeshift shelters on sidewalks, parks, or other public areas. Establishes penalties for violations, with fines of up to $500 or up to 30 days in jail. Empowers federal law enforcement to enforce the law when D.C. refuses to act. “Allowing people to sleep in tents on the streets is not compassion — it is neglect,” said Congressman Timmons. “A tent is not housing, a sidewalk is not a home, and leaving men, women, and families exposed to crime, addiction, and despair is unacceptable. By passing the CAMPS Act out of the Oversight Committee, we are one step closer to ensuring that America’s capital is clean, safe, and worthy of the nation it represents.” “President Trump is leading the charge to restore law and order across America. The CAMPS Act is part of that mission — ensuring Washington, D.C. reflects the strength, pride, and safety that his America First agenda delivers nationwide,” Congressman Timmons added. The CAMPS Act now advances to the House floor for consideration. The full bill text can be found HERE.

Congressman William Timmons Applauds Final Passage of the One Big Beautiful Bill

Subscribe to receive the latest news, insights, and updates directly to your inbox. Congressman William Timmons (SC-04) released the following statement after the U.S. House of Representatives gave final approval to the One Big Beautiful Bill, sending this landmark legislation to President Trump’s desk for signature. “Today, we fulfilled the commitment we made to the American people. The One Big Beautiful Bill is not just a legislative victory—it is a bold course correction for a country that desperately needed one,” said Timmons. The One Big Beautiful Bill delivers historic, commonsense reforms that will put America back on track: Secures the Southern Border: Fully funds the wall, ends catch-and-release, and restores Trump-era immigration policies like Remain in Mexico to stop the flow of illegal immigration and drugs. Restores Fiscal Sanity: Delivers the largest mandatory spending cut in decades—while fully protecting Social Security, Medicare, and Medicaid. Slashes the Deficit: Reduces the deficit by nearly $2 trillion, achieving historic levels of mandatory savings. Cuts Waste, Fraud, and Abuse: Protects taxpayer dollars by rooting out inefficiencies and abuse in federal programs—so they work better for the American people. Reins in Out-of-Control Spending: Confronts the $36 trillion national debt by taking bold, pro-growth steps toward lasting fiscal responsibility. Implements Commonsense Work Requirements: Requires able-bodied adults without dependents who receive welfare benefits to work, participate in job training, or volunteer at least 20 hours per week. “This bill is proof that when Republicans govern with purpose and courage, we win—because the American people win,” Timmons added. “Now we look forward to President Trump signing it into law and delivering a major victory for our country.”

Timmons Opens Hearing on Strengthening U.S. Security Through the National Guard State Partnership Program

Position: Chairman Timmons advocates for increased federal funding and resources for the National Guard State Partnership Program, citing its effectiveness in fostering military relationships with allies and deterring adversaries while noting current budget constraints relative to its engagement volume.

Subscribe to receive the latest news, insights, and updates directly to your inbox. Subcommittee on Military and Foreign Affairs Chairman William Timmons (R-S.C.) delivered opening remarks today at a hearing titled “The National Guard State Partnership Program: Strengthening U.S. Security, One Partnership at a Time.” In his opening statement, Subcommittee Chairman Timmons highlighted the global impact and success of the National Guard State Partnership Program (SPP) to strengthen security. Subcommittee Chairman Timmons also remarked that Congress must reassess the funding and resources provided to the SPP to support its vital mission domestically and abroad. Below are Subcommittee Chairman Timmons’s prepared remarks: Good afternoon. Thank you for joining us today to discuss one of the Department of Defense’s most effective, yet often overlooked, tools of soft power: the National Guard’s State Partnership Program, or SPP. Since its founding in 1993 as a post-Cold War initiative, the SPP has been instrumental in fostering close military relationships with foreign nations and allies all around the world. Currently, the program boasts over one hundred partnerships throughout every Geographic Combatant Command. From Eastern Europe to the islands in the South Pacific, the State Partnership Program has helped the United States deter our adversaries, enhance allied interoperability, and promote regional stability. It is my hope that this hearing will demonstrate the global impact of this essential program, and to provide subcommittee members the opportunity to have any questions or concerns answered by the subject matter experts we have before us today. However, as with most defense programs, this program also brings complexity and the opportunity for waste, fraud, and abuse. A 2022 Government Accountability Office report found that DOD and the National Guard Bureau faced serious challenges in tracking completed activities and clarifying legal authorities to partner nations. While the Committee has been assured that these issues have since been resolved, and the Department has satisfied all GAO’s recommendations, I am curious about ways Congress can help continue the success of this program and help prevent any future issues. Additionally, I am curious to hear from our witnesses how these valuable partnerships stay aligned with the Administration’s national security priorities as well as how successful outcomes are tracked and measured. Finally, we must assess the resources that are provided to the program. Currently, the SPP’s budget is just one percent of the overall defense security cooperation budget but accounts for almost thirty percent of all Geographic Combatant Command engagements with partners and allies. It is my hope that this hearing will bring to light the need for enhanced funding for the State Partnership Program and the vital mission it supports. I look forward to hearing from today’s witnesses and I want to thank them again for appearing before us today. ###