A decision to delay a House Appropriations vote on a continuing resolution to fund the U.S. government will impact the Securities and Exchange Commission, which wants more money to handle a growing workload, SEC Chairman Mary Jo White said this week.
The House Appropriations Committee delayed for one week its vote on the resolution, which would fund the government until Dec. 11 and keep the SEC's funding at its current level.
House Appropriations Chairman Harold Rogers said in published reports that he hoped the vote on the bill, which would keep the SEC's budget at $1.35 billion, would be held in "one week."
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Melanie Waddell
Melanie is senior editor and Washington bureau chief of ThinkAdvisor. Her ThinkAdvisor coverage zeros in on how politics, policy, legislation and regulations affect the investment advisory space. Melanie’s coverage has been cited in various lawmakers’ reports, letters and bills, and in the Labor Department’s fiduciary rule in 2024. In 2019, Melanie received an Honorable Mention, Range of Work by a Single Author award from @Folio. Melanie joined Investment Advisor magazine as New York bureau chief in 2000. She has been a columnist since 2002. She started her career in Washington in 1994, covering financial issues at American Banker. Since 1997, Melanie has been covering investment-related issues, holding senior editorial positions at American Banker publications in both Washington and New York. Briefly, she was content chief for Internet Capital Group’s EFinancialWorld in New York and wrote freelance articles for Institutional Investor. Melanie holds a bachelor’s degree in English from Towson University. She interned at The Baltimore Sun and its suburban edition.
