Financial Services Committee Advances Reconciliation Provisions to Support President Trump’s Agenda
Washington,
April 30, 2025
Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02,) advanced its budget reconciliation provisions. Under the Concurrent Budget Resolution, the Committee was instructed to reduce the federal deficit by no less than $1 billion. “Today, the Committee delivered on President Trump's request to rein in the federal government's spending. The Committee successfully exceeded the $1 billion threshold outlined in the House budget resolution for lowering the deficit, and we look forward to continuing our work to reduce out-of-control government spending,” said Chairman Hill. Click here to read Chairman Hill’s opening statement. Click here for more information on today’s markup. |