House Appropriations Committee introduces dual FY26 funding bills for financial services and national security

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Tom Cole, Chairman of the House Appropriations Committee | Official U.S. House headshot

House Appropriations Committee introduces dual FY26 funding bills for financial services and national security

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The House Appropriations Committee has introduced the Financial Services and General Government and National Security, Department of State, and Related Programs Appropriations Act for Fiscal Year 2026. This move follows the recent passage of three other FY26 bills in the House and marks another step toward finalizing all twelve annual appropriations measures.

The newly released package is a result of bipartisan negotiations between House and Senate subcommittee leaders. It includes input from Republican Representatives David Joyce and Mario Díaz-Balart, as well as Senators Bill Hagerty and Lindsey Graham. The legislation aims to support economic growth, back the executive and judicial branches, and address national security needs both domestically and internationally.

Chairman Tom Cole commented on the significance of appropriations work: “Vision becomes direction with appropriations. It is where policy is given force, priorities are focused, and American mandates are implemented. With this package, we are advancing President Trump’s vision of a golden age defined by security, responsibility, and growth. Our financial system will be protected, small businesses and entrepreneurs supported, and consumer freedom safeguarded. We shield our nation across every front – strengthening cyber defenses and dismantling the financial and criminal networks that enable terrorism, drug trafficking, and bad actors. Guided by peace through strength, we realign our diplomacy and national posture to deter threats before they reach our shores. Reinforcing American leadership by countering adversaries, standing with our allies, and upholding our role as a force for stability and liberty is non-negotiable. Our Subcommittee Chairmen Joyce and Díaz-Balart ensured this measure serves a clear purpose – safety, strength, and freedom. We look forward to sending these bills to President Trump’s desk.”

According to background information provided by the committee:

- Advancing these two bills keeps progress on track for completing all 12 appropriations bills for FY26.

- The process under Republican leadership is described as more transparent than previous omnibus funding packages.

- The legislation maintains certain longstanding provisions related to issues such as abortion rights protections for unborn children and gun rights.

- The agreement ensures that total spending remains below levels projected under current continuing resolutions.

The House Committee on Appropriations was established in 1865 to manage federal spending measures through its 12 subcommittees covering different areas of government funding. The committee oversees drafting annual spending bills that allocate funds for government operations within the legislative branch of the U.S. government (https://appropriations.house.gov). Its leadership includes Chairman Tom Cole (https://appropriations.house.gov), who is the 43rd person to hold this position.

The committee also plays an important role in shaping policy through funding legislation such as continuing resolutions during potential government shutdowns (https://appropriations.house.gov). Guidance for community project funding requests is part of its responsibilities (https://appropriations.house.gov).

This latest appropriations package does not include controversial policy riders—often referred to as "poison pills"—and reflects a shift in priorities from previous administrations toward those aligned with current Republican goals.

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