Stop Repeal by Delay

The Internal Revenue Service (IRS) and the Securities and Exchange Commission (SEC) both fail to compensate whistleblowers in a timely manner. These delays, which the IRS admits average over 10-years, cause untold hardship to whistleblowers, many of whom have lost their jobs and careers, and their only hope for economic survival is their compensation promised under law. The SEC Whistleblower Reform Act would fix delays in the SEC whistleblower program. Additionally, Senators Wyden and Crapo have recently released a discussion draft of the Taxpayer Assistance and Service Act, which contains needed reforms to the IRS Whistleblower Program previously introduced in the IRS Whistleblower Reform Act. Both of these laws have strong bipartisan support and, if passed, would redress the untenable and unjustified delays in both the IRS and SEC Whistleblower programs, expediting the agency’s compensation to whistleblowers as required by law.

In addition, the Commodity Futures Trading Commission (CFTC) Whistleblower Office has suffered from a long-standing funding crisis which has delayed the payment of large whistleblower awards, leaving whistleblowers who are owed their awards out to dry for years. Stopgap solutions have been passed in 2021 and again in December of 2024, but these midnight hour solutions are not sustainable. The current band-aid solution is set to expire, once again, in March of 2025. We demand that Congress pass the CFTC Fund Improvement Act 2500, a permanent funding solution to the ongoing crisis.