Joyce Leads Markup for FY27 Financial Services and General Government Appropriations Bill

WASHINGTON, D.C. – RealEstateRama – Congressman Dave Joyce (OH-14) led the House Appropriations Committee full committee markup for the Fiscal Year 2027 Financial Services and General Government bill. Congressman Joyce is the primary author of this funding bill as Chairman of the Subcommittee on Financial Services and General Government.

See full opening remarks here.

“The House Appropriations Committee is serious about maintaining regular order in government funding. This bill advancing out of committee highlights that commitment, and I look forward to it being brought to the House floor,” said Congressman Joyce, Chairman of the House Appropriations Financial Services and General Government Subcommittee. “We are cutting wasteful spending by leveraging new technologies and rooting out waste, fraud, abuse, and other improper payments across the government. This bill delivers for the American people, and I want to thank Chairman Cole and everyone involved for their work to advance this bill.”

House Appropriations Chairman Tom Cole said, “With today’s full committee advancement of the FY27 Financial Services and General Government bill, we are continuing to build momentum and deliver on our commitment to responsible, results-driven governance. This legislation restores discipline to federal spending, eliminates waste, and ensures taxpayer dollars are focused where they matter most – supporting our economy, strengthening safeguards, and reinforcing the foundations of American success. The measure also upholds national security and community protection with investments to stop criminals and bad actors from exploiting our systems, trafficking drugs, attacking our cyber capabilities, and undermining public safety in the nation’s capital. Chairman Joyce’s work restores a government that operates with clarity, restraint, and purpose – and delivers real results for the American people. Line by line, appropriations are mission-focused and guided by purpose, not bureaucracy.”

Fiscal Year 2027 Financial Services and General Government Appropriations Bill

The Fiscal Year 2027 Financial Services and General Government (FSGG) Appropriations bill provides a total discretionary funding allocation of $25.3 billion, which cuts approximately $1 billion, or 3.8 percent, from the Fiscal Year 2026 allocation.

Key Takeaways of the Bill

Drives economic growth, supports U.S. financial systems, and invests in technology innovation by:

• Strengthening government-wide cybersecurity and information technology (IT) upgrades, modernizing infrastructure at agencies like the Treasury, the Executive Office of the President, and the Judiciary.
• Maintaining “Buy American” provisions that maximize the federal government’s use of services, goods, products, and materials produced and offered in the United States.
• Protecting consumer freedom in kitchen appliances, other tools, and recreational vehicle products through the prohibition of Biden-era regulations.
• Ensuring investments made in government and military retirement and savings plans are based on value, not climate activism criteria.
• Supporting entrepreneurship and small business development.
• Protecting investors, consumers, and Main Street with a strong, nimble, and technology-driven Securities and Exchange Commission.

Protects taxpayers from government overreach and reaffirms core rights by:

• Prohibiting the study, design, build, or development of a United States Central Bank Digital Currency or participation in any decision to discontinue circulation or use of paper currency as legal tender in the United States, which could allow the federal government to track, monitor, and record every transaction.
• Stopping non-citizen voting in state, local, and federal elections.
• Continuing to prohibit the IRS from targeting individuals for exercising their First Amendment rights.
• Supporting a fair judicial system.
• Protecting religious freedom and expression.
• Upholding President Trump’s work to restore the First Amendment by opposing efforts to prevent the censorship of lawful speech.
• Stopping the federal government from gathering and misusing personal ownership details about small businesses.
• Protecting small businesses from burdensome and costly credit reporting mandates under the Equal Credit Opportunity Act (ECOA).

Champions President Trump’s America First agenda and American values by:

• Codifying President Trump’s executive orders, including:
  • EO 14240 titled, “Eliminating Waste and Saving Taxpayer Dollars by Consolidating Procurement.”
  • EO 14274 titled, “Restoring Common Sense to Federal Office Space Management.”
  • EO 14247 titled, “Modernizing Payments To and From America’s Bank Account.”
  • EO 14249 titled, “Protecting America’s Bank Account from Waste, Fraud and Abuse.”
  • EO 14208 titled, “Ending Procurement and Forced Use of Paper Straws.”
  • EO 14331 titled, “Guaranteeing Fair Banking for All Americans.”
  • EO 14333 titled, “Declaring A Crime Emergency in the District of Columbia.”
  • EO 14339 titled, “Additional Measures to Address Crime in the District of Columbia.”
  • EO 14342 titled, “Taking Steps to End Cashless Bail to Protect Americans.”
  • EO 14395 titled, “Establishing the Task Force to Eliminate Fraud Within the Executive Office of the President.”
• Blocking diversity, equity, and inclusion (DEI), critical race theory (CRT), and other divisive programs.
• Defunding the disastrous Biden-era climate rule and other green new scam-style mandates – including environment, social, and governance (ESG) initiatives.
• Restricting the procurement of electric vehicles for federal government use.
• Maintaining critical pro-life riders, including prohibitions on taxpayer funds for abortions.
• Prohibiting the Federal Employees Health Benefit Program from covering puberty blockers, hormone therapy, or surgical procedures for gender-affirming care.
• Codifying the Regulations in Need of Scrutiny (REINS) Act, which curbs unelected bureaucrats from having unfettered regulatory power.
• Allowing only the American flag and other official government flags to be flown over federal facilities.

Bolsters U.S. national security and border protections by:

• Fully funding the Committee on Foreign Investment in the United States to ensure it has the tools to adequately scrutinize foreign investment by countries like China.
• Guaranteeing that no federal funds support laboratories owned by the Chinese Communist Party, including the Wuhan Institute of Virology, or other adversaries.
• Maintaining funding for the Treasury’s Office of Terrorism and Financial Intelligence to strengthen efforts to prevent and deter terrorists, criminals, and other bad actors from using the financial system.
• Equipping Treasury and other agencies with tools to bolster cybersecurity and stop foreign adversaries and criminals from hacking our nation’s critical infrastructure.
• Protecting Americans from deadly drugs like fentanyl by investing in the High Intensity Drug Trafficking Area (HIDTA) program to strengthen interdiction efforts and stop narcotics from entering our borders and communities.

Restores fiscal sanity and protects taxpayer dollars by:

• Cutting nearly 3.8 percent from the FY26 enacted bill, saving taxpayers a billion dollars.
• Shrinking the size of the federal workforce to pre-COVID/Biden levels.
• Continuing important oversight of remaining COVID-era programs and funding streams to stop waste, fraud, and abuse of taxpayer dollars.
• Codifying executive orders to help crack down on waste, fraud, abuse, and improper payments in the federal government.
• Taking steps to identify underutilized federal office spaces to lower costs and cut wasteful Washington spending.
• Supports the Federal government in efforts to downsize its real estate portfolio and to dispose of buildings with high deferred maintenance.

Enforces constitutional oversight of the District of Columbia by:

• Maintaining pro-life safeguards on the use of government funds.
• Retaining the conscience clause on any D.C. contraceptive requirement.
• Banning D.C.’s harmful and addiction-enabling needle exchange program.
• Repealing D.C.’s assisted suicide legalization law.
• Recognizing valid concealed carry licenses from other states in the District of Columbia and the Washington Metropolitan Area.
• Prioritizes charter school funding and merit-based tuition assistance.
• Codifies the President’s EO to crack down on crime in the District and ensure that the District remains a safe and beautiful attraction for residents, tourists, and workers.

Bill text, before adoption of amendments, is available here.

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