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I would like to thank Secretary Bessent for being here today and for his leadership and steady hand over the last several months.
We are living in an increasingly complex world with no shortage of issues. Whether it be taxes or tariffs, rightsizing regulation, or creating a regulatory framework for digital assets, the Department of the Treasury’s role is fundamental to their resolution. If we think about it, this is why the Department of the Treasury was created. The Department is central to maintaining a strong economy, creating jobs, and promoting economic growth both here and abroad.
Before we wrap up, I want to offer this in closing: our authorizing colleagues are working on reconciliation bills that will provide significant investments in the President’s immigration and border security agenda, including funding to the Coast Guard to secure our maritime border.
I commend them for their efforts to enable the Department to finish the wall, hire more agents and officers, and bring additional detention beds online.
I know the Department hopes to be made whole with reconciliation, but in the meantime, you need to live within your means.
It is our job as members of the Appropriations Committee to make sure the Department is appropriately spending the money Congress provides, as well as to ensure the Department has the resources it needs to execute its mission on an annual basis.
That work begins in earnest today, as we begin the Fiscal Year 2026 process.
Washington, D.C. – Today, House Appropriations Committee Chairman Tom Cole (R-OK) released the following statement on President Trump’s proposed budget for Fiscal Year 2026:
