Appropriations Deal Would Fully Fund FY 2026 Request for TFI, CFIUS
House and Senate negotiators unveiled a compromise FY 2026 financial services and general government appropriations bill Jan. 11 that would fully fund the Trump administration’s request for the Committee on Foreign Investment in the U.S. and the Treasury Department’s Office of Terrorism and Financial Intelligence (TFI) while slightly cutting its request for the Financial Crimes Enforcement Network.
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The bill would give TFI $237.7 million, up $10.8 million (4.8%) from the FY 2025 enacted level. CFIUS would receive $21 million, matching the FY 2025 enacted level. FinCEN would get $185.2 million, down $5 million (2.6%) from the request and FY 2025.
A joint explanatory statement accompanying the bill would direct the Treasury Department to submit a report to Congress on the use of AI and machine learning in TFI’s sanctions, anti-money-laundering and intelligence-gathering programs. The statement contains several provisions similar to what the Senate proposed, including a call for Treasury to brief Congress on the use of cryptocurrency to evade sanctions (see 2512020028).
The bill now heads to the full House and Senate for their consideration.