Financial Services

More on Financial Services

September 26, 2019 Statement
"Coupled with the changes to the Tax Cuts and Jobs Act, the Federal Government experienced the longest shut down in history, which delayed hiring, training, and system updates needed for a successful filing season. With all this change, did taxpayers get their refunds on time? Was the IRS able to respond to customer service requests timely and adequately? And what improvements are needed for the upcoming filing season?"
September 25, 2019 Statement
"We recognize the challenges the FTC faces in policing such a large swathe of our economy. That’s why this year’s House appropriations bill proposed a $40 million increase in FTC funding. That’s a bump of more than 10%. Part of the reason we’re here is to understand how the FTC can invest those resources wisely - how they can get the best bang for the buck for consumers. But it is also our duty as Appropriators to determine if the FTC is using its existing resources as efficiently as possible."
June 26, 2019 Press Release
The House today passed, on a 224 to 196 vote, the fiscal year 2020 Financial Services and General Government appropriations bill. The legislation provides annual funding for the Department of the Treasury, the Judiciary, the Executive Office of the President, and other independent agencies, including the Small Business Administration.
June 25, 2019 Statement
"House Democrats are fighting to ensure that America is safe, strong, and moving forward. The investments in this bill to fund financial regulators and small businesses improve the financial security of every family. And with the inclusion of funding for election security, we can safeguard our democracy."
June 20, 2019 Press Release
In advance of Floor consideration next week, the House Appropriations Committee today released a summary of H.R. 3351, the fiscal year 2020 Financial Services and General Government appropriations bill.
June 11, 2019 Press Release
The House Appropriations Committee today approved the fiscal year 2020 Financial Services and General Government bill on a vote of 30 to 21. The legislation provides annual funding for the Department of the Treasury, the Judiciary, the Executive Office of the President, and other independent agencies, including the Small Business Administration.
June 11, 2019 Statement
"House Democrats are fighting to ensure that America is safe, strong, and moving forward. With investments in our financial regulators and small businesses, we can help improve the financial security of every family. And with funding for election security, we can safeguard our democracy."
June 11, 2019 Statement
"Ultimately, this bill will improve the both the economic and national security of communities across the country, whether it be by improving their tax filing experience, protecting their privacy and their financial investments, promoting small business creation, defending the integrity of our elections, combatting drug trafficking, I could go on and on."
June 10, 2019 Press Release
The House Appropriations Committee today released its reports accompanying the fiscal year 2020 Homeland Security and Financial Services and General Government appropriations bills.
June 3, 2019 Press Release
The House Appropriations Subcommittee on Financial Services and General Government today approved by voice vote its fiscal year 2020 bill. In total, the bill includes $24.55 billion in discretionary funding, an increase of $1.4 billion over the 2019 enacted level and $355.5 million over the President’s 2020 budget request. The bill next heads to the full Committee for markup.