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WASHINGTON, D.C. –U.S. Sen. John Kennedy (R-La.) today held his first hearing as chairman of the Senate Appropriations Subcommittee on Financial Services and General Government (FSGG).  The subcommittee took testimony on the budget requests for the U.S. Federal Communications Commission (FCC) and the U.S. Federal Trade Commission (FTC).

The Financial Services and General Government subcommittee is responsible for allocating $23 billion in taxpayer money to 27 various federal government agencies.

The witness panel attending this hearing included U.S. Federal Communications Commission Chairman Ajit Pai and U.S. Federal Trade Commission Chairman Joseph J. Simons.

“The Financial Services and General Government Subcommittee might seem small compared to the others that make up the Appropriations Committee, but we are entrusted with allocating $23 billion in taxpayer dollars, and that’s no small matter, said Sen. Kennedy. “The departments and agencies funded by this subcommittee are responsible for promoting our nation’s economy, supporting small businesses and ensuring an efficient and fair judicial system, among many other important government priorities.  I am honored to serve as the chairman of this subcommittee that plays a role in the daily lives of many Americans.”

Click here or the photo below to watch Sen. Kennedy’s opening statement.