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Subcommittee will come to order. And i would like to welcome our witnesses f skrcc. As members of this committee we have a responsibility to ensure the funds we see are spent wisely. Both of the agencies are seeking increases for fiscal year 2018. The fcc is requesting about 15 merse higher than fy 2017. The fcc budget has grown from 370 million to now 1. 6 billion. The over sight on the commissions budget is critical. Although those fees come from public committees and exchanges, theyre borne by investors. Helps markets operate efficiently and spurs Economic Growth for all americans. The cftc is requesting 285 million. In comparison the cftc was founded and the budget has now reached to 250 million. However, access to more funding doesnt necessarily mean theyll spend that funding responsible. You both have challenges as you have taken the helm of your agencies. Fcc has also had similar issues related to its leasing practices, wh ....
Subcommittee will come to order. And i would like to welcome our witnesses f skrcc. As members of this committee we have a responsibility to ensure the funds we see are spent wisely. Both of the agencies are seeking increases for fiscal year 2018. The fcc is requesting about 15 merse higher than fy 2017. The fcc budget has grown from 370 million to now 1. 6 billion. The over sight on the commissions budget is critical. Although those fees come from public committees and exchanges, theyre borne by investors. Helps markets operate efficiently and spurs Economic Growth for all americans. The cftc is requesting 285 million. In comparison the cftc was founded and the budget has now reached to 250 million. However, access to more funding doesnt necessarily mean theyll spend that funding responsible. You both have challenges as you have taken the helm of your agencies. Fcc has also had similar issues related to its leasing practices, wh ....
Commission and Commodities Future Trading Commission talked about proposed budgets for their agencies. They were at a Sub Committee hearing for an hour and ten minutes. Good morning the Sub Committee will come to order. I would like to welcome our witnesses. Thank you both for being here. We look forward to hearing from both of you about the details of your budget reest requests. As members of this committee we have a responks blt to ensure the funds we see are spent wisely. Both are seeking increases for 2018. Requesting 242 million or 15 higher than 2017. The sec budget has grown to now 1. 6 billion. The cftc is requesting 281. 5 million. For comparison, the cftc was funded at 62. 7 million in fiscal year 2000. The budget now has reached at least 250 million. Access to funding does not necessarily ....