Review - HR 8495 Introduced – FY 2027 FinServices Spending

 Last month, Rep Joyce (R,OH) introduced HR 8495, the Financial Services and General Government Appropriations Act, 2027. The House Appropriations Committee has published their Report on the bill. There are three cybersecurity mentions in the bill (only one of potential interest here), and three discussions in the Report. 

This bill is similar to HR 5166, the Financial Services and General Government Appropriations Act, 2026, that was introduced by Joyce on September 5th, 2025. The House Appropriations Committee published their Report on that bill, but no other actions were taken on this bill. 

Moving Forward 

Republicans still have the same challenges on this bill as with other spending bills. They have to get passed the Rules Committee with the three fiscal conservatives probably willing to block bills to make points. It looks like the spending bills will be partisan (the three to date certainly are), so if they get a rule they may be able to pass with just Republican votes (but maybe not). If two or three Republicans vote Nay, the bill dies and there is no chance that they would pass under suspension of the rules; Democrats will mostly vote Nay. 

But, even if both hurdles are cleared, the bill must still face the Senate, and this language is dead on arrival. There is no way that they will bet 60 votes to pass. Fortunately, the Senate Appropriations Committee will probably provide bipartisan language that will pass with 80 or more yeah votes. Then the House leadership has to decide if they want to appeal to their base and shut the government down before the election, or appeal to moderates by looking like they know how to run the government. It's anyone’s guess at this point. 

For more information on the cybersecurity provisions of the bill and its Report, see my article at CFSN Detailed Analysis - https://patrickcoyle.substack.com/p/hr-8495-introduced-fy-2027-finservices - subscription required. 

House Continues Consideration of HR 4664 – FY 2024 FinServices Spending

Yesterday, the House continued consideration of HR 4664, the Financial Services and General Government Appropriations Act, 2024. The last four amendments listed in Part B of H Rept 118-269 were considered and three were adopted. The House recessed for the Veterans Day weekend without taking a vote on the amended bill.

TheHill.com is reporting that the House leadership was not sure that it had enough votes to pass the bill because of some Republican concerns over abortion provisions and FBI funding. Earlier this week similar non-actions were seen with HR 4820, the FY 2024 THUD spending bill. The inability of the House leadership to see controversial spending bills passed is going to complicate efforts to keep the government funded passed the current spending deadline of November 17^th, 2023, next Friday. 

House Begins Consideration of HR 4664 – FY 2024 FinServices Spending

Yesterday, the House began consideration of HR 4664, the Financial Services and General Government Appropriations Act, 2024. There were 65 amendments considered yesterday, with one of those being an en bloc amendment for the consideration 22 non-controversial amendments listed in Part B of H Rept 118-269. Fifty-one of the offered amendments were agreed to.

The House is scheduled to resume consideration of the bill today.