Overview

• The Senate parliamentarian ruled that funding caps designed to eliminate the Consumer Financial Protection Bureau, the Office of Financial Research and the Public Company Accounting Oversight Board breach the Byrd Rule.
• She also removed a proposal to repeal the EPA’s multipollutant emissions standards for light- and medium-duty vehicles beginning in 2027 and a measure to reduce Federal Reserve staff pay.
• Provisions to cut Department of Defense appropriations for late budget submissions and to introduce a fee-based accelerated permitting program were similarly struck.
• Majority Leader John Thune chose not to override the parliamentarian’s rulings, meaning the provisions can only return with a 60-vote waiver.
• Democrats have enforced Byrd Rule requirements to block non-budgetary riders and curb Republican efforts to advance policy changes through reconciliation.