Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries House Republicans eye FEMA fund overhaul ahead of high-stakes hearing on Helene recovery By: FOXNews.com November 19, 2024 at 06:20 AM EST Rep. Gary Palmer is leading new legislation to replenish FEMA disaster relief funding using unspent funds the agency has elsewhere. A group of House Republicans is pushing to overhaul how funds are organized at the Federal Emergency Management Agency (FEMA) to more quickly get aid to communities devastated by Hurricane Helene.Rep. Gary Palmer, R-Ala., chair of the House GOP Policy Committee, is leading a new bill that would move unspent funds the agency has from the COVID-19 pandemic, as well as certain unspent funds earmarked for previous natural disasters like Hurricane Katrina, into the FEMA Disaster Relief Fund.It comes just hours before the House Oversight Committee is set to hold a high-stakes hearing over accusations that FEMA aid was politicized, with FEMA Administrator Deanne Criswell expected to testify."Millions of Americans were impacted by devastating hurricanes, and many are still seeking assistance and aid from FEMA to this day. Reports have now surfaced that a FEMA official recently instructed relief workers to avoid homes displaying support for President Donald Trump," House Oversight Committee Chair James Comer, R-Ky., said last week when announcing the hearing.MIKE JOHNSON WINS REPUBLICAN SUPPORT TO BE HOUSE SPEAKER AGAIN AFTER TRUMP ENDORSEMENT"Not only are these actions by a FEMA employee completely unacceptable, but the committee remains deeply concerned that this is not an isolated incident at the agency."Palmer’s bill is backed by a wide spectrum of GOP lawmakers, from House Freedom Caucus members, like Reps. Anna Paulina Luna, R-Fla., and Byron Donalds, R-Fla., to more moderate Republicans, like Reps. Don Bacon, R-Neb., and Young Kim, R-Calif.It’s one of several solutions proposed in Congress to help get more immediate dollars to FEMA’s disaster fund. MATT GAETZ FACES GOP SENATE OPPOSITION AFTER TRUMP SELECTION FOR ATTORNEY GENERALCriswell told reporters on Monday that her agency "will need additional funding of approximately $40 billion beyond its 2025 budget request to support the ongoing recovery efforts to these storms and meet our overall mission requirements through the end of the fiscal year."The White House also requested $98 billion in additional disaster relief funding from Congress.Congressional leaders on both sides of the aisle have pledged to act swiftly once getting a formal request from the Biden administration.JOHNSON BLASTS DEM ACCUSATIONS HE VOWED TO END OBAMACARE AS 'DISHONEST'Helene ravaged part of the U.S. Southeast in late September, killing more than 100 people in North Carolina alone.It’s estimated to have caused billions of dollars worth of damage as well.House Speaker Mike Johnson, R-La., previously told Fox News Digital that he believed it could be one of the most expensive storms in U.S. history. Related Stocks: Fancamp Exploration Ltd Stock Quote API & Stock News API supplied by www.cloudquote.io Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
House Republicans eye FEMA fund overhaul ahead of high-stakes hearing on Helene recovery By: FOXNews.com November 19, 2024 at 06:20 AM EST Rep. Gary Palmer is leading new legislation to replenish FEMA disaster relief funding using unspent funds the agency has elsewhere. A group of House Republicans is pushing to overhaul how funds are organized at the Federal Emergency Management Agency (FEMA) to more quickly get aid to communities devastated by Hurricane Helene.Rep. Gary Palmer, R-Ala., chair of the House GOP Policy Committee, is leading a new bill that would move unspent funds the agency has from the COVID-19 pandemic, as well as certain unspent funds earmarked for previous natural disasters like Hurricane Katrina, into the FEMA Disaster Relief Fund.It comes just hours before the House Oversight Committee is set to hold a high-stakes hearing over accusations that FEMA aid was politicized, with FEMA Administrator Deanne Criswell expected to testify."Millions of Americans were impacted by devastating hurricanes, and many are still seeking assistance and aid from FEMA to this day. Reports have now surfaced that a FEMA official recently instructed relief workers to avoid homes displaying support for President Donald Trump," House Oversight Committee Chair James Comer, R-Ky., said last week when announcing the hearing.MIKE JOHNSON WINS REPUBLICAN SUPPORT TO BE HOUSE SPEAKER AGAIN AFTER TRUMP ENDORSEMENT"Not only are these actions by a FEMA employee completely unacceptable, but the committee remains deeply concerned that this is not an isolated incident at the agency."Palmer’s bill is backed by a wide spectrum of GOP lawmakers, from House Freedom Caucus members, like Reps. Anna Paulina Luna, R-Fla., and Byron Donalds, R-Fla., to more moderate Republicans, like Reps. Don Bacon, R-Neb., and Young Kim, R-Calif.It’s one of several solutions proposed in Congress to help get more immediate dollars to FEMA’s disaster fund. MATT GAETZ FACES GOP SENATE OPPOSITION AFTER TRUMP SELECTION FOR ATTORNEY GENERALCriswell told reporters on Monday that her agency "will need additional funding of approximately $40 billion beyond its 2025 budget request to support the ongoing recovery efforts to these storms and meet our overall mission requirements through the end of the fiscal year."The White House also requested $98 billion in additional disaster relief funding from Congress.Congressional leaders on both sides of the aisle have pledged to act swiftly once getting a formal request from the Biden administration.JOHNSON BLASTS DEM ACCUSATIONS HE VOWED TO END OBAMACARE AS 'DISHONEST'Helene ravaged part of the U.S. Southeast in late September, killing more than 100 people in North Carolina alone.It’s estimated to have caused billions of dollars worth of damage as well.House Speaker Mike Johnson, R-La., previously told Fox News Digital that he believed it could be one of the most expensive storms in U.S. history. Related Stocks: Fancamp Exploration Ltd