Rep. Mike Flood Calls for Clean 18-Month Extension of Section 702 Spy Powers
At the POLITICO Economy Summit, Rep. Mike Flood advocated for a clean 18-month extension of Section 702 surveillance powers and urged bipartisan negotiations between House and Senate banking committee leadership on broader economic policy.
Key Points
- Rep. Mike Flood called for clean 18-month extension of Section 702 spy powers
- Advocated bipartisan meeting of House Financial Services and Senate Banking leadership
- Democrats submitted counteroffer linking DHS funding with immigration enforcement reforms
- Senate Republicans moving to advance homeland security funding without Democratic support
Full Details
Rep. Mike Flood (R-Neb.) called for a clean 18-month extension of Section 702 spy powers at POLITICO's Economy Summit in Washington, emphasizing the need for bipartisan cooperation on this and other economic policy issues. Flood specifically advocated for bringing together House Financial Services Chair French Hill (R-Ark.), ranking member Maxine Waters (D-Calif.), Senate Banking Chair Tim Scott (R-S.C.), and ranking member Elizabeth Warren (D-Mass.) to address key economic challenges. Senate Minority Leader Chuck Schumer announced Democrats have submitted their latest proposal linking Department of Homeland Security funding with immigration enforcement policy changes, including provisions to reopen DHS, pay TSA workers, and implement commonsense guardrails for ICE. Senator Lindsey Graham indicated his panel is moving expediently to enable Senate Republicans to fund defense and homeland security priorities without Democratic support.
Why It Matters
The ongoing legislative negotiations reflect deeper partisan divisions over both security and economic policy, with potential implications for government funding and the broader regulatory landscape affecting financial services.
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