I. AUTHORITY The Subcommittee on Federal Spending Oversight and Emergency Management focuses on the effectiveness and efficiency of Federal financial management; agency policies to promote program integrity and the prevention of waste, fraud, and abuse; policies and procedures related to Federal contracting and procurement, including Federal Acquisition Regulation; and the acquisition functions of the General Services Administration ( Office of the Federal Procurement Policy. The Subcommittee also examines the Federal Emergency Management Agency (FEMA) and the Federal Government's efforts t...