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Spending Bill Set for House Passage Amid Discord

Many Democrats oppose measure easing rule that restricts banks' derivatives trading.

By Heidi Przybyla and Erik Wasson, Bloomberg | Updated on December 11, 2014

The U.S. House is set to pass a $1.1 trillion spending bill that includes a banking provision opposed by many Democrats as a giveaway to large institutions.

Current funding for the government ends today, and the measure would finance most of the government through September 2015. The House also plans to pass a two-day stopgap spending bill to give the Senate until Dec. 13 to vote on the measure and avoid a government shutdown.

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