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↵↵Graves and Senate Environment and Public Works Chair Shelley Moore Capito, R-W.Va., have both indicated a willingness to move some discretionary funds in the 2021 law to formula grants for states.
↵↵The House is expected to reconvene Wednesday to take up the bill, as Speaker Mike Johnson, R-La., said he would give his chamber 36 hours to travel back to Washington.
John Kennedy, R-La. "I don't see anything changing, if at all, for a while."↵↵Even before the conference, Sen. Mike Rounds, R-S.D., called the plan a nonstarter in its current form.
House Financial Services Chairman Patrick T.
Matt Gaetz, R-Fla., gestures to Republican Leader Kevin McCarthy, R-Calif., as members try to convince Gaetz to change his vote at the end of the failed 14th vote to elect a speaker late Friday night.
Toomey, R-Pa., for example, has chastised regulators for not providing more clarity.
In the House, Financial Services Chairwoman Maxine Waters, D-Calif., and ranking member Patrick T.
House Financial Services ranking Republican Patrick T. McHenry raised about $940,000 in campaign donations in the weeks leading up to and months after setting his sights on the panel chairmanship.
James R. Comer, ranking Republican on the House Oversight and Reform Committee, and North Carolina Rep. Patrick T.
“The housing needs of Americans are too great to appoint someone who is accepting this position as a consolation prize,” House Financial Services ranking member Patrick T.
Toomey, R-Pa., said preventing the next Treasury secretary and the Federal Reserve from relaunching five emergency credit facilities next year was “the most important thing to me” in the COVID-19 rescue
Ranking member Patrick T. McHenry, R-N.C., disagreed with that interpretation, noting that Republicans gained seats in the House.
Roy Blunt, R-Mo. The Missouri Republican suggested there may be ways for both sides to claim different spending numbers on a final deal, such as offsetting the cost by redirecting unused funds.
Peter T. King, R-N.Y., was the lone Republican to support the measure, citing robust aid for states and localities like his suffering from revenue shortfalls and high numbers of COVID-19 cases.