Insights

Today on the Hill: House Strikes Deal on Stopgap Funding Measure

September 19, 2019

House lawmakers struck a deal yesterday on a continuing resolution (CR) (text; summary) that would punt the deadline to fund the federal government for fiscal year (FY 2020) until Nov. 21. The bill includes a host of policy riders designed to address pressing deadlines for the National Flood Insurance Program (NFIP), Temporary Assistance for Needy Families (TANF), and numerous expiring health programs. As House lawmakers look to pass the stopgap funding resolution today, a timeline for Senate action — as well as the fate of the dozens of policy riders that have been tacked on — is unclear at this point.

In addition to the CR, House lawmakers will take up nine suspension bills out of the Financial Services Committee. This includes: (1) a bill that would aims to reform appraisal fee statutes; (2) a measure that would establish a whistleblower program at the Public Accounting Oversight Board; and (3) an act that would mandate federal guidance encouraging financial institutions to work with consumers and businesses affected by a government shutdown. Meanwhile, the Senate will resume consideration of pending presidential nominations, including the nomination of Brian McGuire to be a Deputy Under Secretary of the Tresasury