Vince Fong, U.S. Congressman representing California’s 20th district, shared a series of posts on his Twitter account between May 13 and May 14, 2026, addressing concerns about fraud in California, the confirmation of Kevin Warsh as Federal Reserve Chairman, and financial issues with the state’s high-speed rail project.
On May 13, Fong criticized state leadership regarding fraud in California. He wrote: “Fraud is now a feature of Gavin Newsom’s California, not a bug. We didn’t stumble into this massive problem; it was engineered by Sacramento. I outlined how California became the fraud capital of America in the CA Post https://t.co/ymHRFgSvA5 https://t.co/Gsd2QyHIc9”.
Later that day, Fong congratulated Kevin Warsh on his appointment as Chairman of the Federal Reserve. In his post dated May 13, he stated: “Congratulations to Kevin Warsh on his confirmation as the 17th Chairman of the Federal Reserve. Kevin brings steady leadership and deep economic and policy expertise. As the youngest Fed Governor in history, he has long demonstrated the vision and discipline needed for this https://t.co/B0qmwl9JkI”.
On May 14, Fong addressed ongoing issues with California’s high-speed rail project. He posted: “The California High-Speed Rail Authority has burned through BILLIONS with nothing to show for it. Now they want to solve their funding crisis by raiding local tax revenues from Fresno, Bakersfield, & Central Valley communities? Sacramento single-handedly created this mess. They https://t.co/poCelmEA8C”.
California’s high-speed rail project has faced significant delays and budget overruns since its inception more than a decade ago. Lawmakers like Vince Fong have repeatedly raised concerns about transparency and fiscal management within state agencies overseeing large infrastructure projects.
Governor Gavin Newsom’s administration has responded to criticism over fraud by implementing new oversight measures in recent years; however, public debate continues over whether these steps are sufficient or effective.
Kevin Warsh previously served as a member of the Board of Governors of the Federal Reserve System from 2006 to 2011 before being confirmed as chairman in May 2026.
