WASHINGTON, D.C. – Today, U.S. Senator Rand Paul (R-KY), Ranking Member of the Senate Homeland Security and Governmental Affairs Committee, delivered opening remarks during a hearing titled “FASTA Implementation and Optimizing the Efficient Use of Federal Property.” During the hearing, Dr. Paul highlighted the current inefficiencies of the Public Building Reform Board (PBRB), created under the Federal Assets Sale Transfer Act (FASTA) with the objective of optimizing the management of federal civilian real estate and ensuring efficient utilization of government resources. Their ability to manage and sell off unnecessary real estate inventory has been stymied by bureaucracy and agency resistance, resulting in the Board unable to meet its sale goals year after year. The friction between the agencies has cost the taxpayers billions of dollars, and without effective reform, taxpayer dollars will continue to be wasted on maintaining these unused real estate assets.