Congress officially killed the Securities and Exchange Commission’s request for 250 more financial advisor examiners Thursday night.

The turn-down came when the Senate passed a House bill to extend the funding of most federal agencies from the October 1 start of the new fiscal year through December 11.

This is the second year in a row Congress has refused an SEC/Obama administration request for additional staff to raise the number of financial advisors examined last year above 9 percent.

The same scenario is likely to play out in 2015, when the president makes his budget request for the following budget cycle.

Republicans, who control the House and may take over the Senate in November, have a greater desire to restrict rather than expand financial regulation even though most advisor-related industry groups have favored additional funding.

The groups, as well, have supported a Democratic-sponsored measure in the House to let the SEC impose a fee on advisors to raise additional money for exams.

However, key Republicans have derided the proposal as a “tax.”

In addition, House Financial Services Committee Chairman Jeb Hensarling has not let any Democratic-created bill be considered in an open committee session in the nearly two years he has been in control.

The Investment Adviser Association and other advisor advocates have argued more exams would raise the reputation of the industry by giving the SEC the ability to find bad actors and force them out of business.