1. United States
2. S.C.
3. Letter

illegal credit reporting and consumer accountability right alongside corporate accountability. Closed loops on all fake accounts under dead people's names, offshore fakes, and hidden brokering that's bankrupting the system. Financial and Utility Transparency and Oversight Act of 2026 TO: President Trump, Senator Tim Scott, Senator Lindsey Graham, Members of Congress FROM: Melissa - Prosperity, S.C. DATE: September 26, 2026 Sec 1 - Title: Financial and Utility Transparency and Oversight Act Sec 2 - Findings: Financial + utility sectors lack real-time federal/state oversight = risk of falsified accounts, driver's licenses, SSNs, improper lines of credit and illegal credit reporting / tax write-offs. Sec 3 - Office: Creates ORFUO - Office of Real-Time Financial and Utility Oversight under Congress, coordinating with Treasury/IRS, CFPB, FTC, SEC, DOE/FERC, State PSCs & AGs, GAO. Sec 4 - Mandatory Intelligent Integration: (a) All banks, credit unions, lenders, credit bureaus must do secure real-time integration. (b) All electric, gas, water + third-party brokers must connect to same system. (c) System logs activity, disclosures, tax compliance, routes consumer complaints instantly, makes billing/brokering transparent. Sec 5 - Honest Reporting: No more self-reported statements - standardized, concurrent, verifiable in real-time. Sec 6 - Audit & Enforcement: Full audit authority to flag fake SSNs, duplicate accounts, mismatched write-offs immediately. Penalties + whistleblower/consumer protections. Sec 7 - Purpose: Eliminate hidden liabilities - no skeletons in the closet - ensure consumer AND corporate accountability through real-time oversight. Simplified tax code of ethics ❤ This is built to make sure everyone is honest to all state and federal.