	Introduction

The Financial Services and General Government (FSGG) appropriations bill includes funding for more than two dozen independent agencies in Title V. These agencies perform a wide range of functions, including the management of federal real property, the regulation of financial institutions and markets, and mail delivery. Although financial services are a major focus of the bills, FSGG appropriations bills do not include many financial regulatory agencies, which are instead funded outside of the appropriations process. Administration and Congressional Action

On February 2, 2015, President Obama submitted his FY2016 budget request. The request included a total of $3.60 billion for independent agencies funded through the FSGG appropriations bill, including $322 million for the CFTC. On July 9, 2015, the House Committee on Appropriations reported a Financial Services and General Government Appropriations Act, 2016 ( H.R. 2995 , H.Rept. 114-194 ). Total FY2016 independent agency funding in the reported bill was to be $1.19 billion, with another $245 million for the CFTC included in the Agriculture appropriations bill ( H.R. 3049 , H.Rept. 114-205 ), which was reported on July 14, 2015. On July 30, 2015, the Senate Committee on Appropriations reported the Financial Services and General Government Act, 2016 ( S. 1910 , S.Rept. 114-97 ). S. 1910 would have appropriated $1.35 billion for the independent agencies for FY2016, $2.25 billion less than the President's request. 114-113 , H.R. 2029 ) was passed by the House and Senate and signed by the President on December 18, 2015. The FSGG appropriations were included as Division E, whereas the CFTC was funded by the Agriculture appropriations in Division A. The total provided for independent agencies for FY2016, including the CFTC, was $3.3 billion, about $0.3 billion below the President's request. 2995)

H.R. Consolidated Appropriations Act, 2016 (P.L. Independent Agencies Related to Personnel Management Appropriations

The FSGG appropriations bill includes funding for four agencies with personnel management functions: the Federal Labor Relations Authority (FLRA), the Merit Systems Protection Board (MSPB), the Office of Personnel Management (OPM), and the Office of Special Counsel (OSC). 2995 , as reported, and S. 1910 , as reported, and P.L. 114-113 did not change the status of the reserve fund.
The Financial Services and General Government (FSGG) appropriations bill funds more than two dozen independent agencies performing a wide range of functions, such as managing federal real property, regulating financial institutions, and delivering mail. These agencies include
Commodity Futures Trading Commission (CFTC), Consumer Product Safety Commission (CPSC), Election Assistance Commission (EAC), Federal Communications Commission (FCC), Federal Election Commission (FEC), Federal Labor Relations Authority (FLRA), Federal Trade Commission (FTC), General Services Administration (GSA), Merit Systems Protection Board (MSPB), National Archives and Records Administration (NARA), Office of Personnel Management (OPM), Privacy and Civil Liberties Oversight Board (PCLOB), Securities and Exchange Commission (SEC), Small Business Administration (SBA), and United States Postal Service (USPS).
On February 2, 2015, President Obama submitted his FY2016 budget request. The request included a total of $3.60 billion for independent agencies funded through the FSGG appropriations bill, including $322 million for the CFTC.
On July 9, 2015, the House Committee on Appropriations reported the Financial Services and General Government Appropriations Act, 2016 (H.R. 2995, H.Rept. 114-194). Total FY2016 independent agency funding in the reported bill was to be $1.19 billion, with another $245 million for the CFTC included in the Agriculture appropriations bill (H.R. 3049, H.Rept. 114-205), which was reported on July 14, 2015. The combined total for these agencies was to be $1.43 billion.
On July 30, 2015, the Senate Committee on Appropriations reported the Financial Services and General Government Act, 2016 (S. 1910, S.Rept. 114-97). S. 1910 would have appropriated $1.35 billion for independent agencies for FY2016.
The Consolidated Appropriations Act, 2016 (P.L. 114-113/H.R. 2029) was passed by the House and Senate and signed by the President on December 18, 2015. The FSGG appropriations bill was included as Division E, whereas the CFTC was funded with the Agriculture appropriations in Division A. The total provided for FSGG independent agencies for FY2016, including the CFTC, was $3.3 billion, about $0.3 billion below the President's request.
Although financial services are a major focus of the FSGG appropriations bills, these bills do not include funding for many financial regulatory agencies. Both H.R. 2995 and S. 1910 included language that would have altered the appropriations status of the Consumer Financial Protection Bureau (CFPB), changing its primary funding source to the FSGG bill instead of unappropriated funds from the Federal Reserve. P.L. 114-113 did not change the funding structure of the CFPB.