Financial Services and General Government
September 29October 5, 2023 , 2023
(FSGG) FY2024 Appropriations: Overview
Baird Webel
The Financial Services and General Government (FSGG) appropriations bill includes funding for
The Financial Services and General Government (FSGG) appropriations bill includes funding for
Acting Section Research
Acting Section Research
the Department of the Treasury, the Executive Office of the President, the judiciary, the District
the Department of the Treasury, the Executive Office of the President, the judiciary, the District
Manager
Manager
of Columbia, and more than two dozen independent agencies. The House and Senate FSGG bills
of Columbia, and more than two dozen independent agencies. The House and Senate FSGG bills
fund the same agencies, with one exception: The Commodity Futures Trading Commission
fund the same agencies, with one exception: The Commodity Futures Trading Commission
(CFTC) is usually funded through the Agriculture appropriations bill in the House and the FSGG (CFTC) is usually funded through the Agriculture appropriations bill in the House and the FSGG
bill in the Senate.
bill in the Senate.
President’s budget. President Biden submitted his full FY2024 budget request on March 9, 2023. The request included a President Biden submitted his full FY2024 budget request on March 9, 2023. The request included a
total of $54.2 billion for agencies funded through the FSGG appropriations bill, including a net total of $295 million for the total of $54.2 billion for agencies funded through the FSGG appropriations bill, including a net total of $295 million for the
CFTC. CFTC.
House action. The House Financial Services and General Government Appropriations Act, 2024 (H.R. 4664), was marked The House Financial Services and General Government Appropriations Act, 2024 (H.R. 4664), was marked
up in subcommittee on June 22, 2023; marked up in full committee on July 13, 2023; and reported (H.Rept. 118-145) on July up in subcommittee on June 22, 2023; marked up in full committee on July 13, 2023; and reported (H.Rept. 118-145) on July
17, 2023. Approximate total FY2024 funding in the reported bill was $33.6 billion. Another $345 million for the CFTC was 17, 2023. Approximate total FY2024 funding in the reported bill was $33.6 billion. Another $345 million for the CFTC was
included in the Agriculture appropriations bill (H.R. 4368; H.Rept. 118-124). The combined total of $34.0 billion was included in the Agriculture appropriations bill (H.R. 4368; H.Rept. 118-124). The combined total of $34.0 billion was
approximately $20.2 billion less than the President’s approximately $20.2 billion less than the President’s
FY2023FY2024 request. The largest amount of this difference is due to over request. The largest amount of this difference is due to over
$10 billion in rescissions of multiyear IRS funding previously provided in P.L. 117-169. $10 billion in rescissions of multiyear IRS funding previously provided in P.L. 117-169.
Senate action. The Senate Financial Services and General Government Appropriations Act, 2024 (S. 2309), was marked up The Senate Financial Services and General Government Appropriations Act, 2024 (S. 2309), was marked up
in subcommittee on July 11, 2023, and marked up in full committee and reported (S.Rept. 118-61) on July 13, 2023. in subcommittee on July 11, 2023, and marked up in full committee and reported (S.Rept. 118-61) on July 13, 2023.
Approximate total Approximate total
FY2023FY2024 funding in the reported bill was $39.1 billion, including $365 million for the CFTC. The total was funding in the reported bill was $39.1 billion, including $365 million for the CFTC. The total was
approximately $15 billion less than the President’s approximately $15 billion less than the President’s
FY2023FY2024 request with the largest amount of this difference due to over $10 request with the largest amount of this difference due to over $10
billion in rescissions of IRS funding previously provided in P.L. 117-169. billion in rescissions of IRS funding previously provided in P.L. 117-169.
Continuing resolution. No full-year FY2024 appropriations measure was enacted prior to the end of September 2023. On September 30, 2023, Congress passed, and the President signed, the Continuing Appropriations Act, 2024 (H.R. 5860/P.L. 118-15), providing continuing appropriations through November 17, 2023, largely based on FY2023 levels.
Although financial services are a major focus of the FSGG appropriations bills, these bills do not include funding for many Although financial services are a major focus of the FSGG appropriations bills, these bills do not include funding for many
financial regulatory agencies, which are funded outside of the appropriations process. FSGG appropriations bills, however, financial regulatory agencies, which are funded outside of the appropriations process. FSGG appropriations bills, however,
have occasionally contained additional legislative provisions related to such agencies. In FY2024, H.R. 4664 includes have occasionally contained additional legislative provisions related to such agencies. In FY2024, H.R. 4664 includes
specific language changing the leadership structure for the Consumer Financial Protection Bureau and bringing the specific language changing the leadership structure for the Consumer Financial Protection Bureau and bringing the
independently funded agency into the regular appropriations process. independently funded agency into the regular appropriations process.
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Financial Services and General Government (FSGG) FY2024 Appropriations: Overview
Contents
Administration and Congressional Action ....................................................................................... 1
Financial Regulatory Agencies and FSGG Appropriations ............................................................. 7
Committee Structure and Scope ...................................................................................................... 89
Tables
Table 1. Status of FY2024 Financial Services and General Government (FSGG)
Appropriations .............................................................................................................................. 2
Table 2. FSGG Appropriations, FY2023-FY2024 ........................................................................... 2
Table 3. Department of the Treasury Appropriations, FY2023-FY2024 ......................................... 3
Table 4. Executive Office of the President (EOP) Appropriations, FY2023-FY2024..................... 4
Table 5. The Judiciary Appropriations, FY2023-FY2024 ............................................................... 45
Table 6. District of Columbia Special Federal Payments Appropriations, FY2023-
FY2024 ......................................................................................................................................... 5
Table 7. FSGG Independent Agencies Appropriations, FY2023-FY2024 ...................................... 56
Contacts
Author Information .......................................................................................................................... 9
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Financial Services and General Government (FSGG) FY2024 Appropriations: Overview
he Financial Services and General Government (FSGG) appropriations bill includes
he Financial Services and General Government (FSGG) appropriations bill includes
funding for a wide variety of federal government functions and government-wide direction funding for a wide variety of federal government functions and government-wide direction
T on usage of funds.1 The bill funds:
T on usage of funds.1 The bill funds:
• the Department of the Treasury (Title I),2
• the Department of the Treasury (Title I),2
• the Executive Office of the President (Title II), • the Executive Office of the President (Title II),
• the judiciary (Title III),3 • the judiciary (Title III),3
• the District of Columbia (Title IV),4 and • the District of Columbia (Title IV),4 and
• more than two dozen independent agencies (Title V). • more than two dozen independent agencies (Title V).
Title VI of the bill typically funds mandatory retirement accounts for the entire government and
Title VI of the bill typically funds mandatory retirement accounts for the entire government and
contains additional general provisions applying to the funding provided to agencies through the contains additional general provisions applying to the funding provided to agencies through the
FSGG bill. Title VII typically contains general provisions that apply government-wide. FSGG bill. Title VII typically contains general provisions that apply government-wide.
The House and Senate FSGG bills fund the same agencies, with one exception: The Commodity
The House and Senate FSGG bills fund the same agencies, with one exception: The Commodity
Futures Trading Commission (CFTC) is funded through the Agriculture appropriations bill in the Futures Trading Commission (CFTC) is funded through the Agriculture appropriations bill in the
House and the FSGG bill in the Senate. Where the CFTC is funded upon enactment typically House and the FSGG bill in the Senate. Where the CFTC is funded upon enactment typically
depends on which chamber originated the law, which alternates annually. Thus, the enacted depends on which chamber originated the law, which alternates annually. Thus, the enacted
amounts for the CFTC have historically been in the Agriculture appropriations bill one year and amounts for the CFTC have historically been in the Agriculture appropriations bill one year and
the FSGG appropriations bill the following year. This structure has existed in its current form the FSGG appropriations bill the following year. This structure has existed in its current form
since the 2007 reorganization of the House and Senate Committees on Appropriations. since the 2007 reorganization of the House and Senate Committees on Appropriations.
Although financial services are a major focus of the FSGG appropriations bill, the bill does not
Although financial services are a major focus of the FSGG appropriations bill, the bill does not
include funding for many financial regulatory agencies, which are instead funded outside of the include funding for many financial regulatory agencies, which are instead funded outside of the
appropriations process. However, it is not uncommon for legislative provisions addressing appropriations process. However, it is not uncommon for legislative provisions addressing
various financial regulatory issues to be included in various financial regulatory issues to be included in
titles at the end of the bill. the bill.
Administration and Congressional Action
President Biden submitted his full FY2024 budget request on March 9, 2023. The request President Biden submitted his full FY2024 budget request on March 9, 2023. The request
included a total of $54.2 billion for agencies funded through the FSGG appropriations bill, included a total of $54.2 billion for agencies funded through the FSGG appropriations bill,
including a net total of $295 million for the CFTC.5 including a net total of $295 million for the CFTC.5
The House Financial Services and General Government Appropriations Act, 2024 (H.R. 4664),
The House Financial Services and General Government Appropriations Act, 2024 (H.R. 4664),
was marked up in subcommittee on June 22, 2023; marked up in full committee on July 13, 2023; was marked up in subcommittee on June 22, 2023; marked up in full committee on July 13, 2023;
and reported (H.Rept. 118-145) on July 17, 2023. Approximate total and reported (H.Rept. 118-145) on July 17, 2023. Approximate total
FY2023FY2024 funding in the funding in the
reported bill was $33.6 billion. Another $345 million for the CFTC was included in the reported bill was $33.6 billion. Another $345 million for the CFTC was included in the
Agriculture appropriations bill (H.R. 4368; H.Rept. 118-124). The combined total of $34.0 billion Agriculture appropriations bill (H.R. 4368; H.Rept. 118-124). The combined total of $34.0 billion
was approximately $20.2 billion less than the President’s was approximately $20.2 billion less than the President’s
FY2023FY2024 request. The largest amount of request. The largest amount of
1 For a complete list of the CRS experts covering the various FSGG agencies, see CRS Report R42638,
1 For a complete list of the CRS experts covering the various FSGG agencies, see CRS Report R42638,
Appropriations: CRS Experts, by James M. Specht and Justin Murray. , by James M. Specht and Justin Murray.
2 For more information, see CRS In Focus IF12440,
2 For more information, see CRS In Focus IF12440,
Internal Revenue Service Appropriations, FY2024, by Gary , by Gary
Guenther. Guenther.
3 For more information, see CRS In Focus IF12353,
3 For more information, see CRS In Focus IF12353,
Judiciary Budget Request, FY2024, by Barry J. McMillion. , by Barry J. McMillion.
4 For more information, see CRS Report R47319, 4 For more information, see CRS Report R47319,
FY2023 District of Columbia Budget and Appropriations, by Joseph , by Joseph
V. Jaroscak. V. Jaroscak.
5 The CFTC request was for a total of $411 million, to be offset with $116 million of user fees, which would require
5 The CFTC request was for a total of $411 million, to be offset with $116 million of user fees, which would require
congressional authorization. See the CFTC FY2024 budget request at https://www.cftc.gov/sites/default/files/congressional authorization. See the CFTC FY2024 budget request at https://www.cftc.gov/sites/default/files/
CFTC_FY_2024_President_Budget_Report.pdf, particularly “Administration’s Proposal on User Fees” starting on p. CFTC_FY_2024_President_Budget_Report.pdf, particularly “Administration’s Proposal on User Fees” starting on p.
46. 46.
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Financial Services and General Government (FSGG) FY2024 Appropriations: Overview
this difference is due to over $10 billion in rescissions of multiyear IRS funding previously
this difference is due to over $10 billion in rescissions of multiyear IRS funding previously
provided in P.L. 117-169. provided in P.L. 117-169.
The Senate Financial Services and General Government Appropriations Act, 2024 (S. 2309), was
The Senate Financial Services and General Government Appropriations Act, 2024 (S. 2309), was
marked up in subcommittee on July 11, 2023, and marked up in full committee and reported marked up in subcommittee on July 11, 2023, and marked up in full committee and reported
(S.Rept. 118-61) on July 13, 2023. Approximate total (S.Rept. 118-61) on July 13, 2023. Approximate total
FY2023FY2024 funding in the reported bill was funding in the reported bill was
$39.1 billion, including $365 million for the CFTC. The total was approximately $15 billion less $39.1 billion, including $365 million for the CFTC. The total was approximately $15 billion less
than the President’s than the President’s
FY2023FY2024 request, with the largest amount of this difference due to over $10 request, with the largest amount of this difference due to over $10
billion in rescissions of directly appropriated IRS funding previously provided in P.L. 117-169. billion in rescissions of directly appropriated IRS funding previously provided in P.L. 117-169.
No full-year FY2024 appropriations measure was enacted prior to the end of September 2023. On September 30, 2023, Congress passed, and the President signed, the Continuing Appropriations Act, 2024 (H.R. 5860/P.L. 118-15), providing continuing appropriations through November 17, 2023, largely based on FY2023 levels. The act includes two anomalies affecting funding in the FSGG bill.6 One, Section 126, increases the spending for the Office of Personnel Management to a rate of operations of approximately $219 million, more than $28 million above the amount provided in FY2023. The other, Section 127, allows the District of Columbia to spend its own funding at the rate of operations provided for in the FY2024 Local Budget Act (D.C. Act 25-161).
Table 1 below reflects the status of FY2024 FSGG appropriations measures at key points in the below reflects the status of FY2024 FSGG appropriations measures at key points in the
appropriations procesappropriations proces
s. Table 2 lists, largely by title, the amounts requested by the President and lists, largely by title, the amounts requested by the President and
included in the FSGG bills. included in the FSGG bills.
Tables 3-7, respectively, detail the amounts for the Treasury, the , respectively, detail the amounts for the Treasury, the
Executive Office of the President, the judiciary, the District of Columbia, and the independent Executive Office of the President, the judiciary, the District of Columbia, and the independent
agencies. Specific columns in agencies. Specific columns in
Tables 3-7 are FSGG agencies’ enacted amounts for FY2023, the are FSGG agencies’ enacted amounts for FY2023, the
President’s FY2024 request, and the FY2024 amounts from the committee-reported versions of President’s FY2024 request, and the FY2024 amounts from the committee-reported versions of
H.R. 4664 and S. 2309. H.R. 4664 and S. 2309.
Table 1. Status of FY2024 Financial Services and General Government (FSGG)
Appropriations
Subcommittee
Markup
Final Adoption
House
House
Senate
Senate
Conference
Enact-
House
Senate Report Passage Report Passage
Report
House
Senate
ment
June 22, July 11,
June 22, July 11,
July 17,
July 17,
July 13,
July 13,
2023
2023
2023
2023
2023
2023
—
—
2023
2023
—
—
—
—
—
—
—
—
—
—
Source: Prepared by CRS. Prepared by CRS.
Table 2. FSGG Appropriations, FY2023-FY2024
Millions of Dollars
Millions of Dollars
FY2023
FY2024
FY2024
Agency
Enacted
Request
H.R. 4664
S. 2309
Enacted
Department of the Treasury
Department of the Treasury
14,049.8
14,049.8
16,336.5
16,336.5
2,855.2
2,855.2
4,074.8
4,074.8
—
—
Executive Office of the President
Executive Office of the President
879.6
879.6
887.5
887.5
799.1
799.1
807.6
807.6
—
—
Judiciary
Judiciary
8,994.5
8,994.5
9,637.7
9,637.7
9,183.4
9,183.4
9,066.8
9,066.8
—
—
District of Columbia
District of Columbia
791.9
791.9
850.4
850.4
802.7
802.7
788.9
788.9
—
—
6 Anomalies are exceptions to the duration, amount, or purposes for which those funds may be used for certain appropriations accounts or activities. For more information, see CRS Report R46595, Continuing Resolutions: Overview of Components and Practices, coordinated by James V. Saturno.
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Financial Services and General Government (FSGG) FY2024 Appropriations: Overview
FY2023
FY2024
FY2024
Agency
Enacted
Request
H.R. 4664
S. 2309
Enacted
Independent Agencies
Independent Agencies
4,412.8
4,412.8
4,781.5
4,781.5
-1,342.0
-1,342.0
2,711.4
2,711.4
—
—
Mandatory Retirement Accounts
Mandatory Retirement Accounts
21,418.6
21,418.6
21,661.6
21,661.6
21,661.6
21,661.6
21,661.6
21,661.6
—
—
Total
50,547.2
54,155.1
33,960.0
39,111.0
——
Sources: H.Rept. 118-145, H.Rept. 118-124, and S.Rept. 118-61 (reflecting both regular and supplemental H.Rept. 118-145, H.Rept. 118-124, and S.Rept. 118-61 (reflecting both regular and supplemental
appropriations in P.L. 117-328). appropriations in P.L. 117-328).
Notes: All figures are rounded to the nearest $100,000. Totals may not sum due to rounding. Figures are net All figures are rounded to the nearest $100,000. Totals may not sum due to rounding. Figures are net
reflecting rescissions and offsetting col ections. Fol owing the Appropriations Committees reports, the FY2023 reflecting rescissions and offsetting col ections. Fol owing the Appropriations Committees reports, the FY2023
enacted total does not include a $1.4 bil ion rescission to previous direct appropriations made in P.L. 118-5. The enacted total does not include a $1.4 bil ion rescission to previous direct appropriations made in P.L. 118-5. The
FY2024 FSGG bil totals do include rescissions to such previous direct appropriations. FY2024 FSGG bil totals do include rescissions to such previous direct appropriations.
Totals for each column include funding for the Commodity Futures Trading Commission, which is funded in the Totals for each column include funding for the Commodity Futures Trading Commission, which is funded in the
House through the Agriculture appropriations bil and in the Senate through the FSGG bil . House through the Agriculture appropriations bil and in the Senate through the FSGG bil .
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Financial Services and General Government (FSGG) FY2024 Appropriations: Overview
Rescissions from the Treasury’s Asset Forfeiture Fund are contained in Title VI and are included in the total for Rescissions from the Treasury’s Asset Forfeiture Fund are contained in Title VI and are included in the total for
the Department of the Treasury. the Department of the Treasury.
The mandatory spending for the President’s salary is contained in Title VI, whereas the rest of presidential The mandatory spending for the President’s salary is contained in Title VI, whereas the rest of presidential
spending is in Title II. spending is in Title II.
The “Mandatory Retirement Accounts” amount is contained in Title VI. The “Mandatory Retirement Accounts” amount is contained in Title VI.
The “Independent Agencies” total is primarily in Title V but also reflects funding or rescissions for the Public The “Independent Agencies” total is primarily in Title V but also reflects funding or rescissions for the Public
Company Accounting Oversight Board scholarships and the Oversight.gov website (Inspectors General Council) Company Accounting Oversight Board scholarships and the Oversight.gov website (Inspectors General Council)
in Title VI and the Office of Personnel Management and the Commission on Federal Naming and Displays in Title in Title VI and the Office of Personnel Management and the Commission on Federal Naming and Displays in Title
VII. VII.
Table 3. Department of the Treasury Appropriations, FY2023-FY2024
Millions of Dollars
Millions of Dollars
FY2023
FY2024
FY2024
Enacted
Request
H.R. 4664 S. 2309
Enacted
Departmental Offices (Salaries and
Departmental Offices (Salaries and
273.9
273.9
332.2
332.2
248.1
248.1
273.9
273.9
—
—
Expenses)
Expenses)
Committee on Foreign Investment in the
Committee on Foreign Investment in the
(21)
(21)
(21)
(21)
(21)
(21)
(21)
(21)
—
—
United States Fund
United States Fund
Terrorism and Financial Intelligence
Terrorism and Financial Intelligence
216.1
216.1
244.0
244.0
206.8
206.8
221.1
221.1
—
—
Cybersecurity Enhancement
Cybersecurity Enhancement
100.0
100.0
215.0
215.0
150.0
150.0
100.0
100.0
—
—
Department-wide Systems and Capital
Department-wide Systems and Capital
11.1
11.1
30.9
30.9
14.6
14.6
11.1
11.1
—
—
Investments
Investments
Office of Inspector General
Office of Inspector General
48.9
48.9
49.2
49.2
43.0
43.0
48.9
48.9
—
—
Treasury Inspector General for Tax
Treasury Inspector General for Tax
174.3
174.3
187.4
187.4
170.3
170.3
174.3
174.3
—
—
Administration
Administration
Special Inspector General for Troubled
Special Inspector General for Troubled
9.0
9.0
—
—
—
—
—
—
—
—
Asset Relief Program
Asset Relief Program
Special Inspector General for Pandemic
Special Inspector General for Pandemic
12.0
12.0
16.0
16.0
12.0
12.0
12.0
12.0
—
—
Recovery
Recovery
Financial Crimes Enforcement Network
Financial Crimes Enforcement Network
190.2
190.2
228.9
228.9
166.0
166.0
190.2
190.2
—
—
Bureau of the Fiscal Service
Bureau of the Fiscal Service
372.5
372.5
399.3
399.3
368.2
368.2
386.5
386.5
—
—
Alcohol and Tobacco Tax and Trade
Alcohol and Tobacco Tax and Trade
148.9
148.9
155.6
155.6
135.0
135.0
153.9
153.9
—
—
Bureau
Bureau
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Financial Services and General Government (FSGG) FY2024 Appropriations: Overview
FY2023
FY2024
FY2024
Enacted
Request
H.R. 4664 S. 2309
Enacted
Community Development Financial Community Development Financial
324.0
324.0
341.5
341.5
278.6
278.6
334.0
334.0
—
—
Institutions Fund
Institutions Fund
Internal Revenue Service (Total)
Internal Revenue Service (Total)
12,319.1
12,319.1
14,136.6
14,136.6
11,237.6
11,237.6
2,319.1
2,319.1
—
—
IRS Rescission
—
—
—
—
-10,175.0
-10,175.0
-10,000
-10,000
—
—
Treasury Forfeiture Fund (Rescission)
Treasury Forfeiture Fund (Rescission)
-150.0
-150.0
-150.0
-150.0
—
—
Total
14,049.8
16,336.5
2,855.2
4,074.8
—
—
Sources: H.Rept. 118-145 and S.Rept. 118-61 (reflecting both regular and supplemental appropriations in P.L. H.Rept. 118-145 and S.Rept. 118-61 (reflecting both regular and supplemental appropriations in P.L.
117-328). 117-328).
Notes: All figures are rounded to the nearest $100,000. Totals may not sum due to rounding. Unless otherwise All figures are rounded to the nearest $100,000. Totals may not sum due to rounding. Unless otherwise
labeled, figures are net reflecting rescissions and offsetting col ections. Figures in parentheses are gross amounts, labeled, figures are net reflecting rescissions and offsetting col ections. Figures in parentheses are gross amounts,
which are then offset with col ections and thus are treated as zeros in the totals. Fol owing the Appropriations which are then offset with col ections and thus are treated as zeros in the totals. Fol owing the Appropriations
Committees reports, the FY2023 enacted total does not include a $1.4 bil ion rescission to previous direct Committees reports, the FY2023 enacted total does not include a $1.4 bil ion rescission to previous direct
appropriations made in P.L. 118-5. The FY2024 FSGG bil totals do include rescissions to previous direct appropriations made in P.L. 118-5. The FY2024 FSGG bil totals do include rescissions to previous direct
appropriations. appropriations.
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Financial Services and General Government (FSGG) FY2024 Appropriations: Overview
For more information on Treasury appropriations, For more information on Treasury appropriations,
congressional offices may contact CRS Analyst in Public Finance Gary Guenther. contact CRS Analyst in Public Finance Gary Guenther.
Table 4. Executive Office of the President (EOP) Appropriations, FY2023-FY2024
Millions of Dollars
Millions of Dollars
FY2023
FY2024
FY2024
Enacted
Request
H.R. 4664
S. 2309
Enacted
The White House (Total)
The White House (Total)
235.5
235.5
242.1
242.1
195.1
195.1
235.5
235.5
—
—
Office of Management and Budget
Office of Management and Budget
128.0
128.0
137.5
137.5
116.0
116.0
128.0
128.0
—
—
Intellectual Property Enforcement
Intellectual Property Enforcement
1.9
1.9
2.0
2.0
1.8
1.8
1.9
1.9
—
—
Coordinator
Coordinator
Office of the National Cyber Director
Office of the National Cyber Director
21.9
21.9
22.6
22.6
21.0
21.0
21.9
21.9
—
—
Office of National Drug Control Policy
Office of National Drug Control Policy
471.1
471.1
461.5
461.5
451.0
451.0
479.2
479.2
—
—
Unanticipated Needs
Unanticipated Needs
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
—
—
Information Technology Oversight and
Information Technology Oversight and
13.7
13.7
14.2
14.2
8.0
8.0
-66.3
-66.3
—
—
Reform
Reform
Special Assistance to the President
Special Assistance to the President
6.1
6.1
6.3
6.3
4.8
4.8
6.1
6.1
—
—
(Salaries and Expenses)
(Salaries and Expenses)
Official Residence of the Vice President
Official Residence of the Vice President
0.3
0.3
0.3
0.3
0.3
0.3
0.3
0.3
—
—
(Operating Expenses)
(Operating Expenses)
Total: EOP and Funds
879.6
887.5
799.1
807.6
——
Appropriated to the President
Sources: H.Rept. 118-145 and S.Rept. 118-61 (reflecting both regular and supplemental appropriations in P.L. H.Rept. 118-145 and S.Rept. 118-61 (reflecting both regular and supplemental appropriations in P.L.
117-328). 117-328).
Notes: All figures are rounded to the nearest $100,000. Totals may not sum due to rounding. Figures are net All figures are rounded to the nearest $100,000. Totals may not sum due to rounding. Figures are net
reflecting rescissions and offsetting col ections. Most of the table’s funding is contained in Title II except the reflecting rescissions and offsetting col ections. Most of the table’s funding is contained in Title II except the
presidential salary included in the White House total, which is mandatory spending in Title VI. presidential salary included in the White House total, which is mandatory spending in Title VI.
For more information on the appropriations for the Executive Office of the President, congressional offices may For more information on the appropriations for the Executive Office of the President, congressional offices may
contact CRS Analyst in American National Government Barbara Schwemle. contact CRS Analyst in American National Government Barbara Schwemle.
Congressional Research Service
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Financial Services and General Government (FSGG) FY2024 Appropriations: Overview
Table 5. The Judiciary Appropriations, FY2023-FY2024
Millions of Dollars
Millions of Dollars
FY2023
FY2024
FY2024
Enacted
Request
H.R. 4664 S. 2309
Enacted
U.S. Supreme Court (Total)
U.S. Supreme Court (Total)
141.7
141.7
150.8
150.8
147.6
147.6
143.1
143.1
—
—
U.S. Court of Appeals for the Federal
U.S. Court of Appeals for the Federal
40.1
40.1
42.7
42.7
42.0
42.0
39.7
39.7
—
—
Circuit
Circuit
U.S. Court of International Trade
U.S. Court of International Trade
23.6
23.6
24.4
24.4
24.1
24.1
23.3
23.3
—
—
U.S. Courts of Appeals, District Courts,
U.S. Courts of Appeals, District Courts,
8,630.6
8,630.6
9,248.6
9,248.6
8,805.7
8,805.7
8,702.1
8,702.1
—
—
and Other Judicial Services (Total)
and Other Judicial Services (Total)
Administrative Office of the U.S. Courts
Administrative Office of the U.S. Courts
102.7
102.7
113.0
113.0
107.3
107.3
102.7
102.7
—
—
Federal Judicial Center
Federal Judicial Center
34.3
34.3
35.1
35.1
34.2
34.2
34.3
34.3
—
—
United States Sentencing Commission
United States Sentencing Commission
21.6
21.6
23.2
23.2
22.5
22.5
21.6
21.6
—
—
Total: Judiciary
8,994.5
9,637.7
9,183.4
9,066.8
—
—
Congressional Research Service
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Financial Services and General Government (FSGG) FY2024 Appropriations: Overview
Sources: H.Rept. 118-145 and S.Rept. 118-61 (reflecting both regular and supplemental appropriations in P.L. H.Rept. 118-145 and S.Rept. 118-61 (reflecting both regular and supplemental appropriations in P.L.
117-328). 117-328).
Notes: All figures are rounded to the nearest $100,000. Totals may not sum due to rounding. Figures are net All figures are rounded to the nearest $100,000. Totals may not sum due to rounding. Figures are net
reflecting rescissions and offsetting col ections. reflecting rescissions and offsetting col ections.
TheIn FY2022, “Judicial Security” funding “Judicial Security” funding
from FY2022 was was provided as supplemental supplemental
funding contained in P.L. 117-167. For FY2023, it was contained in the administrative provisions in Title III, funding contained in P.L. 117-167. For FY2023, it was contained in the administrative provisions in Title III,
Section 307. Section 307.
For more information on judiciary appropriations, congressional offices may contact CRS Analyst in American For more information on judiciary appropriations, congressional offices may contact CRS Analyst in American
National Government Barry J. McMil ion. National Government Barry J. McMil ion.
Table 6. District of Columbia Special Federal Payments Appropriations,
FY2023-FY2024
Millions of Dollars
Millions of Dollars
FY2023
FY2024
FY2024
Enacted
Request
H.R. 4664 S. 2309
Enacted
Resident Tuition Support
Resident Tuition Support
40.0
40.0
40.0
40.0
40.0
40.0
40.0
40.0
—
—
Emergency Planning and Security
Emergency Planning and Security
30.0
30.0
48.0
48.0
28.0
28.0
30.0
30.0
—
—
District of Columbia Courts
District of Columbia Courts
291.1
291.1
315.6
315.6
301.2
301.2
291.1
291.1
—
—
Defender Services
Defender Services
24.0
24.0
21.0
21.0
21.0
21.0
21.0
21.0
—
—
Court Services and Offender Supervision
Court Services and Offender Supervision
285.0
285.0
296.9
296.9
287.3
287.3
285.0
285.0
—
—
Agency
Agency
Public Defender Service
Public Defender Service
53.6
53.6
59.6
59.6
57.3
57.3
53.6
53.6
—
—
Criminal Justice Coordinating Council
Criminal Justice Coordinating Council
2.5
2.5
2.5
2.5
2.2
2.2
2.5
2.5
—
—
Judicial Commissions
Judicial Commissions
0.6
0.6
0.9
0.9
0.6
0.6
0.6
0.6
—
—
School Improvement
School Improvement
52.5
52.5
52.5
52.5
52.5
52.5
52.5
52.5
—
—
D.C. National Guard
D.C. National Guard
0.6
0.6
0.6
0.6
0.6
0.6
0.6
0.6
—
—
HIV/AIDS Prevention
HIV/AIDS Prevention
4.0
4.0
5.0
5.0
4.0
4.0
4.0
4.0
—
—
D.C. Water and Sewer
D.C. Water and Sewer
8.0
8.0
8.0
8.0
8.0
8.0
8.0
8.0
—
—
Total: Special Federal Payments
791.9
850.4
802.7
788.9
—
—
Congressional Research Service
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Financial Services and General Government (FSGG) FY2024 Appropriations: Overview
Sources: H.Rept. 118-145 and S.Rept. 118-61 (reflecting both regular and supplemental appropriations in P.L. H.Rept. 118-145 and S.Rept. 118-61 (reflecting both regular and supplemental appropriations in P.L.
117-328). 117-328).
Notes: All figures are rounded to the nearest $100,000. Totals may not sum due to rounding. Figures are net All figures are rounded to the nearest $100,000. Totals may not sum due to rounding. Figures are net
reflecting rescissions and offsetting col ections. The federal payment for the DC Water and Sewer Authority reflecting rescissions and offsetting col ections. The federal payment for the DC Water and Sewer Authority
includes a provision requiring a 100% match from the authority. includes a provision requiring a 100% match from the authority.
For more information on DC appropriations, congressional offices may contact CRS Analyst in Economic For more information on DC appropriations, congressional offices may contact CRS Analyst in Economic
Development Policy Joseph V. Jaroscak. Development Policy Joseph V. Jaroscak.
Table 7. FSGG Independent Agencies Appropriations, FY2023-FY2024
Millions of Dollars
Millions of Dollars
FY2023
FY2024
FY2024
Agency
Enacted
Request
H.R. 4664 S. 2309
Enacted
Administrative Conference of the United
Administrative Conference of the United
3.5
3.5
3.5
3.5
3.5
3.5
3.5
3.5
—
—
States
States
Goldwater Foundation
Goldwater Foundation
2.0
2.0
—
—
—
—
—
—
—
—
Commodity Futures Trading Commissiona
Commodity Futures Trading Commissiona
365.0
365.0
295.0
295.0
345.0
345.0
365.0
365.0
—
—
Inspectors General Council (Oversight.gov)
Inspectors General Council (Oversight.gov)
0.9
0.9
5.4
5.4
0.9
0.9
8.0
8.0
—
—
Congressional Research Service
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Financial Services and General Government (FSGG) FY2024 Appropriations: Overview
FY2023
FY2024
FY2024
Agency
Enacted
Request
H.R. 4664 S. 2309
Enacted
Consumer Financial Protection Bureau Consumer Financial Protection Bureau
NA
NA
—
—
-2.0
-2.0
—
—
—
—
Consumer Product Safety Commission
Consumer Product Safety Commission
152.5
152.5
212.6
212.6
139.1
139.1
152.5
152.5
—
—
Election Assistance Commission
Election Assistance Commission
103.0
103.0
333.8
333.8
20.0
20.0
103.0
103.0
—
—
Federal Communications Commissionb
Federal Communications Commissionb
(390.2)
(390.2)
(410.7)
(410.7)
(382.0)
(382.0)
(410.7)
(410.7)
—
—
Federal Deposit Insurance Corporation:
Federal Deposit Insurance Corporation:
(47.5)
(47.5)
(49.8)
(49.8)
(46.5)
(46.5)
(47.5)
(47.5)
—
—
Office of Inspector Generalc
Office of Inspector Generalc
Federal Election Commission
Federal Election Commission
81.7
81.7
93.5
93.5
74.5
74.5
81.7
81.7
—
—
Federal Labor Relations Authority
Federal Labor Relations Authority
29.4
29.4
33.7
33.7
28.0
28.0
29.4
29.4
—
—
Federal Permitting Improvement Steering
Federal Permitting Improvement Steering
0.0
0.0
10.0
10.0
9.8
9.8
—
—
—
—
Council
Council
Federal Trade Commission
Federal Trade Commission
220.0
220.0
298.0
298.0
84.5
84.5
158.0
158.0
—
—
General Services Administrationd
General Services Administrationd
-77.2
-77.2
779.2
779.2
-1,153.4
-1,153.4
-919.9
-919.9
—
—
GSA rescission
—
—
—
—
-3,201.0
-3,201.0
—
—
—
—
Harry S Truman Scholarship Foundation
Harry S Truman Scholarship Foundation
3.0
3.0
3.0
3.0
2.5
2.5
3.0
3.0
—
—
Merit Systems Protection Board
Merit Systems Protection Board
52.0
52.0
61.5
61.5
49.3
49.3
52.0
52.0
—
—
Udall Foundation
Udall Foundation
5.7
5.7
6.0
6.0
5.1
5.1
5.7
5.7
—
—
National Archives and Records
National Archives and Records
490.3
490.3
467.6
467.6
451.7
451.7
510.4
510.4
—
—
Administration
Administration
National Credit Union Administration
National Credit Union Administration
3.5
3.5
4.0
4.0
3.5
3.5
3.5
3.5
—
—
Office of Government Ethics
Office of Government Ethics
24.5
24.5
23.0
23.0
22.4
22.4
23.0
23.0
—
—
Office of Personnel Management
Office of Personnel Management
420.1
420.1
506.5
506.5
371.9
371.9
456.1
456.1
—
—
(Discretionary)
(Discretionary)
Office of Special Counsel
Office of Special Counsel
31.9
31.9
33.8
33.8
31.9
31.9
31.9
31.9
—
—
Privacy and Civil Liberties Oversight Board
Privacy and Civil Liberties Oversight Board
10.6
10.6
14.4
14.4
13.7
13.7
11.7
11.7
—
—
Public Building Reform Board
Public Building Reform Board
4.0
4.0
4.0
4.0
3.6
3.6
4.0
4.0
—
—
Congressional Research Service
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Financial Services and General Government (FSGG) FY2024 Appropriations: Overview
FY2023
FY2024
FY2024
Agency
Enacted
Request
H.R. 4664 S. 2309
Enacted
Public Company Accounting Oversight Public Company Accounting Oversight
(2.0)
(2.0)
(2.0)
(2.0)
(2.0)
(2.0)
(2.0)
(2.0)
—
—
Board Scholarships
Board Scholarships
Securities and Exchange Commissionb
Securities and Exchange Commissionb
(2,209.8)
(2,209.8)
(2,475.5)
(2,475.5)
(2,039.3)
(2,039.3)
(2,403.6)
(2,403.6)
—
—
Selective Service System
Selective Service System
31.7
31.7
31.3
31.3
31.3
31.3
31.3
31.3
—
—
Small Business Administration (SBA)
Small Business Administration (SBA)
2,076.2
2,076.2
1,129.6
1,129.6
966.1
966.1
1,219.0
1,219.0
—
—
U.S. Postal Service (USPS) Fund
U.S. Postal Service (USPS) Fund
50.3
50.3
75.5
75.5
35.4
35.4
50.3
50.3
—
—
USPS Office of Inspector General
USPS Office of Inspector General
271.0
271.0
290.6
290.6
274.5
274.5
271.0
271.0
—
—
U.S. Tax Court
U.S. Tax Court
57.3
57.3
65.7
65.7
46.4
46.4
57.3
57.3
—
—
Total: Independent Agencies (Net
4,412.8
4,781.4
-1,342.0
2,711.4
—
Discretionary)
Sources: H.Rept. 118-145 and S.Rept. 118-61 (reflecting both regular and supplemental appropriations in P.L. H.Rept. 118-145 and S.Rept. 118-61 (reflecting both regular and supplemental appropriations in P.L.
117-328). 117-328).
Notes: All figures are rounded to the nearest $100,000. Columns may not sum due to rounding. Figures in All figures are rounded to the nearest $100,000. Columns may not sum due to rounding. Figures in
parentheses are gross amounts, which are then offset with col ections and are thus treated as zeros in the totals. parentheses are gross amounts, which are then offset with col ections and are thus treated as zeros in the totals.
The funding for the independent agencies is primarily in Title V, but the table also reflects funding or rescissions The funding for the independent agencies is primarily in Title V, but the table also reflects funding or rescissions
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Financial Services and General Government (FSGG) FY2024 Appropriations: Overview
in Title VI for the Public Company Accounting Oversight Board scholarships and the Oversight.gov website in Title VI for the Public Company Accounting Oversight Board scholarships and the Oversight.gov website
(Inspectors General Council) and in Title VII for the Office of Personnel Management and the Commission on (Inspectors General Council) and in Title VII for the Office of Personnel Management and the Commission on
Federal Naming and Displays. Federal Naming and Displays.
a. The Commodity Futures Trading Commission is funded in the House through the Agriculture a. The Commodity Futures Trading Commission is funded in the House through the Agriculture
appropriations bil and in the Senate through the FSGG bil .
appropriations bil and in the Senate through the FSGG bil .
b. The Federal Communications Commission (FCC) and the Securities and Exchange Commission (SEC) are
b. The Federal Communications Commission (FCC) and the Securities and Exchange Commission (SEC) are
funded by col ecting regulatory fees (or “offsetting col ections”), often resulting in no direct appropriations.
funded by col ecting regulatory fees (or “offsetting col ections”), often resulting in no direct appropriations.
Therefore, the amounts shown for the FCC and the SEC represent budgetary resources, but those amounts Therefore, the amounts shown for the FCC and the SEC represent budgetary resources, but those amounts
are usually not included in the table totals. In FY2022, however, the FCC was provided emergency are usually not included in the table totals. In FY2022, however, the FCC was provided emergency
appropriations above the offsetting col ections in P.L. 117-58. appropriations above the offsetting col ections in P.L. 117-58.
c. The funding amount for the Federal Deposit Insurance Corporation’s (FDIC’s) Office of Inspector General
c. The funding amount for the Federal Deposit Insurance Corporation’s (FDIC’s) Office of Inspector General
is determined in the FSGG bil , but the funding is transferred from nonappropriated FDIC funds and thus is
is determined in the FSGG bil , but the funding is transferred from nonappropriated FDIC funds and thus is
not included in total FSGG appropriations. not included in total FSGG appropriations.
d. The General Services Administration’s (GSA’s) real property activities are funded through the Federal
d. The General Services Administration’s (GSA’s) real property activities are funded through the Federal
Buildings Fund (FBF), a multibil ion-dol ar revolving fund into which federal agencies deposit rental payments
Buildings Fund (FBF), a multibil ion-dol ar revolving fund into which federal agencies deposit rental payments
for leased GSA space. Congress makes the FBF revenue available each year to pay for GSA’s real property for leased GSA space. Congress makes the FBF revenue available each year to pay for GSA’s real property
activities. A negative total for the FBF occurs when the amount of funds made available for expenditure in a activities. A negative total for the FBF occurs when the amount of funds made available for expenditure in a
fiscal year is less than the amount of new revenue expected to be deposited. fiscal year is less than the amount of new revenue expected to be deposited.
Financial Regulatory Agencies and FSGG
Appropriations
Although financial services are a focus of the FSGG bill, the bill does not actually include Although financial services are a focus of the FSGG bill, the bill does not actually include
funding for the regulation of much of the financial services industry.funding for the regulation of much of the financial services industry.
67 Financial regulatory Financial regulatory
agencies can be broadly subdivided into groups that regulate depositories (primarily banks), agencies can be broadly subdivided into groups that regulate depositories (primarily banks),
insurance, securities, and housing finance. Federal regulation of the banking industry is divided insurance, securities, and housing finance. Federal regulation of the banking industry is divided
among the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), the Office of the among the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), the Office of the
7 For a more complete discussion regarding the funding of financial regulators and general financial regulatory structure, see CRS Report R43391, Independence of Federal Financial Regulators: Structure, Funding, and Other Issues, by Henry B. Hogue, Marc Labonte, and Baird Webel; and CRS Report R44918, Who Regulates Whom? An Overview of the U.S. Financial Regulatory Framework, by Marc Labonte.
Congressional Research Service
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Financial Services and General Government (FSGG) FY2024 Appropriations: Overview
Comptroller of the Currency, and the Bureau of Consumer Financial Protection (generally known Comptroller of the Currency, and the Bureau of Consumer Financial Protection (generally known
as the Consumer Financial Protection Bureau, or CFPB, which also has authorities over certain as the Consumer Financial Protection Bureau, or CFPB, which also has authorities over certain
nonbank financial institutions).nonbank financial institutions).
78 In addition, credit unions—another type of depository—which In addition, credit unions—another type of depository—which
operate like banks in most ways, are regulated by the National Credit Union Administration operate like banks in most ways, are regulated by the National Credit Union Administration
(NCUA).(NCUA).
89 None of these agencies receives primary funding through the appropriations process, None of these agencies receives primary funding through the appropriations process,
with only the FDIC inspector general and a small program operated by the NCUA currently with only the FDIC inspector general and a small program operated by the NCUA currently
funded in the FSGG bill. funded in the FSGG bill.
Insurance is generally regulated at the state level, with some oversight at the holding company
Insurance is generally regulated at the state level, with some oversight at the holding company
level by the Federal Reserve. There is a relatively small Federal Insurance Office (FIO) inside the level by the Federal Reserve. There is a relatively small Federal Insurance Office (FIO) inside the
Treasury that is funded through the Departmental Offices account, but the FIO has no regulatory Treasury that is funded through the Departmental Offices account, but the FIO has no regulatory
authority.authority.
910
Federal securities regulation is divided between the Securities and Exchange Commission (SEC)
Federal securities regulation is divided between the Securities and Exchange Commission (SEC)
and the CFTC, both of which are funded through appropriations.and the CFTC, both of which are funded through appropriations.
1011 The CFTC funding is a relatively straightforward appropriation from the general fund, whereas the SEC funding is provided by the FSGG bill but then offset through fees collected by the SEC.
Housing finance, particularly the two large government-sponsored enterprises Fannie Mae and Freddie Mac, is overseen by the Federal Housing Finance Agency,12 which is funded primarily through assessments on regulated entities and receives no funding through the FSGG bill.
Although funding for many financial regulatory agencies may not be provided by the FSGG bill, legislative provisions affecting financial regulation in general and some of these agencies specifically have often been included in FSGG bills. For example, H.R. 4664 includes language changing the funding source and the leadership structure for the CFPB.13
8 The CFTC funding is a
6 For a more complete discussion regarding the funding of financial regulators and general financial regulatory structure, see CRS Report R43391, Independence of Federal Financial Regulators: Structure, Funding, and Other
Issues, by Henry B. Hogue, Marc Labonte, and Baird Webel; and CRS Report R44918, Who Regulates Whom? An
Overview of the U.S. Financial Regulatory Framework, by Marc Labonte.
7 For more information, see CRS In Focus IF10035, For more information, see CRS In Focus IF10035,
Introduction to Financial Services: Banking, by Raj Gnanarajah. , by Raj Gnanarajah.
89 For more information, see CRS In Focus IF11713, For more information, see CRS In Focus IF11713,
Introduction to Financial Services: Credit Unions, by Darryl E. , by Darryl E.
Getter. Getter.
910 For more information, see CRS In Focus IF10043, For more information, see CRS In Focus IF10043,
Introduction to Financial Services: Insurance, by Baird Webel. , by Baird Webel.
1011 For more information, see CRS In Focus IF10032, For more information, see CRS In Focus IF10032,
Introduction to Financial Services: The Securities and Exchange
(continued...)
Congressional Research Service
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Financial Services and General Government (FSGG) FY2024 Appropriations: Overview
relatively straightforward appropriation from the general fund, whereas the SEC funding is provided by the FSGG bill but then offset through fees collected by the SEC.
Housing finance, particularly the two large government-sponsored enterprises Fannie Mae and Freddie Mac, is overseen by the Federal Housing Finance Agency,11 which is funded primarily through assessments on regulated entities and receives no funding through the FSGG bill.
Although funding for many financial regulatory agencies may not be provided by the FSGG bill, legislative provisions affecting financial regulation in general and some of these agencies specifically have often been included in FSGG bills. For example, H.R. 4664 includes language changing the funding source and the leadership structure for the CFPB.12 Commission (SEC), by Gary Shorter; and CRS In Focus IF10117, Introduction to Financial Services: Derivatives, by Rena S. Miller.
12 For more information, see CRS In Focus IF11715, Introduction to Financial Services: The Housing Finance System, by Darryl E. Getter.
13 For more information, see CRS Insight IN12247, Financial Services and General Government (FSGG) FY2024 Appropriations Bill: CFPB’s Funding and Structure Provisions, by Cheryl R. Cooper and David H. Carpenter.
Congressional Research Service
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Financial Services and General Government (FSGG) FY2024 Appropriations: Overview
Committee Structure and Scope
The House and Senate Committees on Appropriations reorganized their subcommittee structures The House and Senate Committees on Appropriations reorganized their subcommittee structures
in early 2007. Each chamber created a new Financial Services and General Government in early 2007. Each chamber created a new Financial Services and General Government
Subcommittee. In the House, the jurisdiction of the FSGG Subcommittee is composed primarily Subcommittee. In the House, the jurisdiction of the FSGG Subcommittee is composed primarily
of agencies that had been under the jurisdiction of the Subcommittee on Transportation, Treasury, of agencies that had been under the jurisdiction of the Subcommittee on Transportation, Treasury,
Housing and Urban Development, the Judiciary, the District of Columbia, and Independent Housing and Urban Development, the Judiciary, the District of Columbia, and Independent
Agencies, commonly referred to as TTHUD.Agencies, commonly referred to as TTHUD.
1314 In addition, the House FSGG Subcommittee was In addition, the House FSGG Subcommittee was
assigned four independent agencies that had been under the jurisdiction of the Science, State, assigned four independent agencies that had been under the jurisdiction of the Science, State,
Justice, Commerce, and Related Agencies Subcommittee: the Federal Communications Justice, Commerce, and Related Agencies Subcommittee: the Federal Communications
Commission (FCC), the Federal Trade Commission (FTC), the SEC, and the Small Business Commission (FCC), the Federal Trade Commission (FTC), the SEC, and the Small Business
Administration (SBA). Administration (SBA).
In the Senate, the jurisdiction of the FSGG Subcommittee is a combination of agencies from the
In the Senate, the jurisdiction of the FSGG Subcommittee is a combination of agencies from the
jurisdiction of three previously existing subcommittees. Most of the agencies that had been under jurisdiction of three previously existing subcommittees. Most of the agencies that had been under
the jurisdiction of the Transportation, Treasury, Judiciary, Housing and Urban Development, and the jurisdiction of the Transportation, Treasury, Judiciary, Housing and Urban Development, and
Related Agencies Subcommittee were assigned to the FSGG Subcommittee.Related Agencies Subcommittee were assigned to the FSGG Subcommittee.
1415 In addition, the In addition, the
District of Columbia, which had its own subcommittee in the 109th Congress, was placed under District of Columbia, which had its own subcommittee in the 109th Congress, was placed under
the purview of the FSGG Subcommittee, as were four independent agencies that had been under the purview of the FSGG Subcommittee, as were four independent agencies that had been under
the jurisdiction of the Commerce, Justice, Science, and Related Agencies Subcommittee: the the jurisdiction of the Commerce, Justice, Science, and Related Agencies Subcommittee: the
FCC, FTC, SEC, and SBA. As a result of this reorganization, the House and Senate FSGG FCC, FTC, SEC, and SBA. As a result of this reorganization, the House and Senate FSGG
Subcommittees have nearly identical jurisdictions except that CFTC is under the jurisdiction of Subcommittees have nearly identical jurisdictions except that CFTC is under the jurisdiction of
the FSGG Subcommittee in the Senate and the Agriculture Subcommittee in the House. the FSGG Subcommittee in the Senate and the Agriculture Subcommittee in the House.
Commission (SEC), by Gary Shorter; and CRS In Focus IF10117, Introduction to Financial Services: Derivatives, by Rena S. Miller.
11 For more information, see CRS In Focus IF11715, Introduction to Financial Services: The Housing Finance System, by Darryl E. Getter.
12 For more information, see CRS Insight IN12247, Financial Services and General Government (FSGG) FY2024
Appropriations Bill: CFPB’s Funding and Structure Provisions, by Cheryl R. Cooper and David H. Carpenter. 13Author Information
Baird Webel
Acting Section Research Manager
14 The agencies previously under the jurisdiction of the House TTHUD subcommittee that did not become part of the The agencies previously under the jurisdiction of the House TTHUD subcommittee that did not become part of the
FSGG Subcommittee were the Department of Transportation, the Department of Housing and Urban Development, the FSGG Subcommittee were the Department of Transportation, the Department of Housing and Urban Development, the
Architectural and Transportation Barriers Compliance Board, the Federal Maritime Commission, the National Architectural and Transportation Barriers Compliance Board, the Federal Maritime Commission, the National
Transportation Safety Board, the Neighborhood Reinvestment Corporation, and the U.S. Interagency Council on Transportation Safety Board, the Neighborhood Reinvestment Corporation, and the U.S. Interagency Council on
Homelessness. Homelessness.
1415 The agencies that did not transfer from the Senate Appropriations Subcommittee on Transportation, Treasury, the The agencies that did not transfer from the Senate Appropriations Subcommittee on Transportation, Treasury, the
Judiciary, Housing and Urban Development, and Related Agencies to FSGG were the Department of Transportation, Judiciary, Housing and Urban Development, and Related Agencies to FSGG were the Department of Transportation,
the Department of Housing and Urban Development, the Architectural and Transportation Barriers Compliance Board, the Department of Housing and Urban Development, the Architectural and Transportation Barriers Compliance Board,
the Federal Maritime Commission, the National Transportation Safety Board, the Neighborhood Reinvestment the Federal Maritime Commission, the National Transportation Safety Board, the Neighborhood Reinvestment
Corporation, and the U.S. Interagency Council on Homelessness. Corporation, and the U.S. Interagency Council on Homelessness.
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Financial Services and General Government (FSGG) FY2024 Appropriations: Overview
Author Information
Baird Webel
Acting Section Research Manager
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This document was prepared by the Congressional Research Service (CRS). CRS serves as nonpartisan
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