This bill creates a new Federal Fraud Interagency Task Force designed to catch and stop people from stealing or misusing federal government money. Right now, different government agencies investigate fraud separately, which can be inefficient and allow criminals to slip through the cracks. This task force brings together fraud experts from major federal agencies like the Department of Defense, Health and Human Services, and others to work as a coordinated team. The task force will investigate fraud cases, share information between agencies to speed up investigations, recover stolen funds, and develop training programs to help agencies spot fraud before it happens. Think of it like creating a specialized federal fraud police unit that focuses specifically on protecting taxpayer dollars. The President will appoint a director who has at least 10 years of experience in fraud investigation or law enforcement, and the task force will include subject matter experts from each participating agency. Every year, the task force must report to Congress on how many cases they've investigated, how much money they've recovered, and what trends they're seeing in federal fraud. The Government Accountability Office will also audit the task force annually to make sure it's operating effectively.