Senate Passes Continuing Resolution Bill to Fund Federal Government through Nov. 21

Thursday, the Senate passed the continuing resolution bill to fund the government through Nov. 21, a move that follows last week’s House passage of the bill. The bill maintains funding levels for fiscal year 2019 for several credit union-related funds, including the Treasury’s Community Development Financial Institutions Fund, NCUA’s Community Development Revolving Loan Fund and the Small Business Administration’s 7(a) and 504 loan programs.  The bill also continues funding for the National Flood Insurance Program through Nov. 21.

President Donald Trump is expected to sign the bill before Sept. 30, when federal government funding is currently scheduled to expire.