Foreign Assistance Accountability and Oversight Act

This bill creates a new "Director of Foreign Assistance" position within the U.S. Department of State, requiring Senate confirmation and mandating that the Director report directly to the Deputy Secretary of State. The Director's duties include coordinating all U.S. foreign aid programs across agencies (like USAID and the Treasury), aligning aid with national security goals, tracking results through data analysis, and improving transparency in spending. The bill also requires all foreign aid funds to be obligated (committed for spending) within 90 days of congressional appropriations. This position directly affects how the State Department and other federal agencies manage and report on foreign assistance programs.