WASHINGTON – Senate Appropriations Committee Chairman Thad Cochran (R-MS) named U.S. Senator John Boozman (R-AR) the Chairman of the Senate Appropriations Financial Services and General Government Subcommittee for the 114th Congress.
The subcommittee has jurisdiction over annual funding for a range of federal agencies in the Executive Branch, Federal Courts and the District of Columbia. It oversees funding for financial-related agencies including the Internal Revenue Service (IRS), the U.S. Department of Treasury and the Securities and Exchange Commission (SEC). The subcommittee is also responsible for recommending funding for independent agencies that have a direct impact on Arkansas including the Federal Communications Commission (FCC), the Federal Trade Commission (FTC), the Small Business Administration (SBA) and the U.S. Postal Service.
“I’m honored to be named chairman of this subcommittee and I look forward to leading efforts to cut wasteful government spending and holding federal agencies accountable for how they use taxpayer dollars. It’s my goal to pave the way for a fiscally responsible government while protecting our financial security for future generations of Americans,” Boozman said.