Statement : Financial Services and General Government
September 26, 2019
Statement
"Coupled with the changes to the Tax Cuts and Jobs Act, the Federal Government experienced the longest shut down in history, which delayed hiring, training, and system updates needed for a successful filing season. With all this change, did taxpayers get their refunds on time? Was the IRS able to respond to customer service requests timely and adequately? And what improvements are needed for the upcoming filing season?"
September 25, 2019
Statement
"We recognize the challenges the FTC faces in policing such a large swathe of our economy. That’s why this year’s House appropriations bill proposed a $40 million increase in FTC funding. That’s a bump of more than 10%. Part of the reason we’re here is to understand how the FTC can invest those resources wisely - how they can get the best bang for the buck for consumers. But it is also our duty as Appropriators to determine if the FTC is using its existing resources as efficiently as possible."
June 25, 2019
Statement
"House Democrats are fighting to ensure that America is safe, strong, and moving forward. The investments in this bill to fund financial regulators and small businesses improve the financial security of every family. And with the inclusion of funding for election security, we can safeguard our democracy."
June 11, 2019
Statement
"House Democrats are fighting to ensure that America is safe, strong, and moving forward. With investments in our financial regulators and small businesses, we can help improve the financial security of every family. And with funding for election security, we can safeguard our democracy."
June 11, 2019
Statement
"Ultimately, this bill will improve the both the economic and national security of communities across the country, whether it be by improving their tax filing experience, protecting their privacy and their financial investments, promoting small business creation, defending the integrity of our elections, combatting drug trafficking, I could go on and on."
June 3, 2019
Statement
"House Democrats are fighting to ensure that America is safe, strong, and moving forward. With investments in our financial regulators, elections, and small businesses, we can help improve the financial security of every family."
June 3, 2019
Statement
"I am proud that the bill removes several longstanding policy riders that I consider to be harmful, including many that dictate to the District of Columbia how to manage its own affairs or spend its own money. I am also proud of the many ways in which the choices in this bill stand to improve the lives of the American public, whether it be by improving their tax filing experience, protecting their privacy and their financial investments, promoting small business creation, combating drug trafficking, I could go on and on."
April 9, 2019
Statement
I know it is a very busy time at the IRS with less than a week left to the filing season, so I want to welcome Commissioner Rettig and thank him for taking the time to be with us this afternoon.
I know this is your first filing season as the IRS Commissioner and we are interested in hearing your observations and visions for the IRS.
April 9, 2019
Statement
This morning we welcome Secretary of the Treasury, Steven Mnuchin, to testify on the Department’s fiscal year 2020 budget request. Mr. Secretary, thank you for being here today.
The FY20 budget for the Department of the Treasury is $12.7 billion, which is $62 million below the FY19 enacted level. In addition, the budget proposes $362 million in BCA cap adjustment funding for IRS program integrity activities.
April 3, 2019
Statement
"Unfortunately, this Commission continues to advance policies that favor large industry players at the expense of consumers and small businesses."