{"database": "press", "table": "releases", "rows": [["https://www.vanhollen.senate.gov/news/press-releases/senate-appropriations-passes-financial-services-and-general-government-fiscal-year-2025-appropriations-bill", "Senate Appropriations Passes Financial Services and General Government Fiscal Year 2025 Appropriations Bill", "2024-08-01", "2024", "2024-08", "Democrat", "Senate", "MD", "Chris Van Hollen", "V000128", "www.vanhollen.senate.gov", "vanhollen", "https://www.vanhollen.senate.gov/news/press-releases", "scraper", "Today, U.S. Senator Chris Van Hollen (D-Md.), Chairman of the Senate Appropriations Subcommittee on Financial Services and General Government, announced the full Committee\u2019s passage of the Fiscal Year 2025 Financial Services and General Government Appropriations Act, providing $27.885 billion to fund the operations of the Department of the Treasury, the Executive Office of the President, the federal judiciary, the District of Columbia, the Small Business Administration, and more than two dozen independent federal agencies. The legislation includes $375 million for the construction of the new FBI headquarters, which will be located in Greenbelt, Maryland.\n\n\u201cCreating an economy that works for all Americans should be at the heart of everything we do. That\u2019s why, within this bipartisan legislation, we secured funding to support our small businesses and community-based lenders, protect consumers, build out our broadband infrastructure, and ensure the security of our financial system. This bill invests in these key priorities and more\u2014including providing resources to tackle the opioid epidemic and improve our election security as well as continued funding for one of my top Maryland priorities: building the new FBI headquarters in Prince George\u2019s County. While this legislation does maintain some provisions I do not support, on balance, this bipartisan product will strengthen our economy and our communities,\u201d said Senator Chris Van Hollen (D-MD), Chair of the Senate Appropriations Financial Services and General Government Subcommittee.\n\n\u201cOur economy thrives when working families and small businesses thrive, so I am really glad this bipartisan bill delivers new funding to protect consumers and help people start and grow small businesses. This bill invests in protecting retiree\u2019s nest eggs, promoting stable and fair financial markets, looking out for the little guy, and growing our economy from the middle out,\u201d said Senator Patty Murray (D-WA), Chair of the Senate Appropriations Committee. \u201cThis bill sustains funding for critical functions of government and to address the opioid epidemic, and it delivers new resources for states to administer elections, make critical security improvements, and ensure every American can make their voice heard in free and fair elections.\u201d\n\nKey Points & Highlights\n\nFBI: The bill provides $375 million for the new FBI headquarters, which will be built in Greenbelt, Maryland.\n\nDepartment of the Treasury: The bill provides $2 billion\u2014a $160 million increase over fiscal year 2024\u2014for the Department of the Treasury (not including the Internal Revenue Service) to carry out its wide-ranging responsibilities strengthening and protecting our economy, combatting illegal money laundering, regulating our banks, and safeguarding the financial system against abuse by illicit actors. These investments will maintain Treasury\u2019s ability to craft, implement, and enforce sanctions, including the historic sanctions program targeting Russia\u2019s illegal war in Ukraine.\n\nCommunity Development Financial Institutions (CDFI) Fund: The bill provides $354 million for the CDFI Fund, a $30 million or 9.3% increase over fiscal year 2024, to generate economic growth and provide access to credit and technical assistance to underserved communities across the country. This includes $35 million\u2014a $7 million increase\u2014for the Native CDFI Assistance Program (NACA) to promote access to capital and financial services in Native communities.\n\nSmall Business Administration (SBA): The bill includes $1.6 billion for the Small Business Administration\u2014a $61 million increase in base funding for SBA over fiscal year 2024\u2014to support small businesses across America and connect them with the resources they need to thrive. This includes $330 million for SBA\u2019s Entrepreneurial Development Programs, a $13 million or 4% increase over fiscal year 2024, to help small businesses establish themselves, grow, and compete.\n\nInternal Revenue Service (IRS): The bill provides $12.3 billion\u2014sustaining the fiscal year 2024 funding level\u2014for the IRS to carry out its responsibilities and continue its work to significantly improve customer service, replace its antiquated computer systems, and ensure that everyone\u2014especially the top 1% and largest corporations\u2014pay their fair share in taxes.\n\nFederal Communications Commission (FCC): The bill provides $448 million\u2014a $57.8 million increase above fiscal year 2024\u2014for the FCC, which includes resources to support its critical work connecting people across the country to high-speed internet and ensuring all Americans have equitable access to essential technology.\n\nFederal Trade Commission (FTC): The bill provides $450 million\u2014a $24.3 million increase over fiscal year 2024\u2014for the FTC, which plays a vital role in protecting Americans from consumer fraud and unfair and anticompetitive practices.\n\nElection Security: The bill includes $75 million\u2014a $20 million increase over fiscal year 2024\u2014for Election Security Grants for states and U.S. territories to improve the administrations of federal elections, upgrade voting equipment, make security enhancements, and protect Americans\u2019 right to have their vote counted in free and fair elections.\n\nInaugural Security and Emergency Planning Resources: The bill provides the full budget request of $97 million to assist D.C. in preparing for the 2025 presidential inaugural events and security support for any First Amendment activities throughout the year.\n\nOffice of National Drug Control Policy (ONDCP): The bill provides $458.5 million for the Office of National Drug Control Policy to coordinate the whole-of-government response to the opioid and substance use disorder crises, stop drug trafficking, and address addiction. ONDCP also delivers resources directly to communities to address the substance use disorder crisis.\n\nFederal Judiciary: The bill provides $8.82 billion for the federal judiciary for operations of our nation\u2019s courtrooms. This includes $1.5 billion for Defender Services, an increase of $49 million above fiscal year 2024.\n\nSecurities and Exchange Commission (SEC): The bill provides $2.23 billion for the SEC to protect investors, especially small investors, help keep the American economy strong, and encourage investment in American businesses.\n\nCommodity Futures Trading Commission (CFTC): The bill includes $371 million for the CFTC to regulate the United States\u2019 derivatives markets.\n\nUnited States Tax Court: The bill provides $57.3 million for the United States Tax Court to support its work adjudicating disputes over tax obligations.\n\nFederal Election Commission: The bill provides $85.67 million for the Federal Election Commission to administer and enforce federal campaign finance law.\n\nPandemic Preparedness: The bill provides $3.5 million for the Office of Pandemic Preparedness and Response housed within the White House\u2014a $1.5 million increase above fiscal year 2024\u2014which was established by Senator Murray in a 2022 law to serve as centralized mission control and ensure there is a team in place, ready to go 24/7 in order to guide an all-of-government response to new and emerging public health threats.\n\nFraud Detection: The bill provides funding to track where federal dollars go and ensure there is detection of criminals taking advantage of federal programs and support. In particular, the bill sustains funding for the Pandemic Recovery Accountability Committee to continue its critical work overseeing and detecting fraud reported across a host of pandemic relief programs and to help make the affordable, flexible, and scalable analytics platform it developed to identify potential improper payments in COVID relief available for all Inspectors General to use across government. The bill also increases funding to support the work of the Small Business Administration\u2019s Inspector General.", 1, "2026-03-30T01:40:41Z", "2026-04-07T21:36:13Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://www.vanhollen.senate.gov/news/press-releases/senate-appropriations-passes-financial-services-and-general-government-fiscal-year-2025-appropriations-bill"], "units": {}, "query_ms": 0.7918728515505791, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}