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It is an honor to serve as Chairman of the Financial Services and General Government Subcommittee of the House Appropriations Committee. I want to thank my friend—Chairwoman Kay Granger—for giving me this opportunity. Thank you, also, to Ranking Member DeLauro for her commitment to the work of this committee. And to my Ranking Member, Steny Hoyer, thank you for your leadership and friendship through the years. It's a real privilege to work with you. I know that despite our disagreements on matters relating to our work today, we have a shared passion for doing the work of the American people. I trust it becomes evident as we move through this process.

First, I want to thank Chairman Womack for his work on the Fiscal Year 2024 Financial Services bill.

As I have said before, to fully fund our national defense, veterans, and border security, other unnecessary spending must be reduced.

This bill rejects significant increases in the President's Budget Request, and instead saves billions of dollars by reclaiming unspent funds from the Inflation Reduction Act and preventing the I.R.S. from hiring tens of thousands of new agents.

This bill addresses requests from members to include important policy riders and prohibit funding.

This bill stops controversial programs and Executive Orders; regulations that harm businesses and consumers; and unnecessary climate change rules.

It also continues long-standing pro-life protections.