NTEU Statement Supports FDA, CFTC Funding

Yesterday, in a statement to the House appropriations committee, NTEU offered strong support for increased funding for the Food and Drug Administration (FDA) and the Commodity Futures Trading Commission (CFTC).

The FDA is a staff-intensive organization with a turnover rate two times the government average and 70 percent of its workforce eligible for retirement. NTEU believes expanding employee initiatives like telework, student loan repayments, and childcare subsidies will help recruit and retain employees. The administration’s budget proposal includes easing the FDA’s workforce issues.

CFTC continues to face growing complexities when protecting consumers and thwarting market fraud. NTEU supports the administration’s request of $411 million in CFTC funding. NTEU asks that Congress put in place a new user fee requested by the current and previous administrations to help bring stability to the agency that regulates a growing and changing market.

Read NTEU National President Tony Reardon’s complete statement here.