Ag Committee Approves Bipartisan Legislation to Reauthorize and Improve the Commodity Futures Trading Commission
The House Agriculture Committee approved H.R. 4413, the Customer Protection and End-User Relief Act, by voice vote.
Four Committee Chairs sent a letter to U.S. Department of Treasury Secretary Timothy Geithner, Federal Reserve Board Chairman Ben Bernanke, U.S. Commodity Futures Trading Commission Secretary Gary Gensler, and U.S. Securities and Exchange Commission Mary Schapiro yesterday urging them to provide an exemption from margin requirements for end-user transactions.
The Subcommittee on Rural Development, Research, Biotechnology, and Foreign Agriculture, held a public hearing to review market promotion programs and their effectiveness on expanding exports of U.S. agricultural products.
The Subcommittee on Livestock, Dairy, and Poultry held a public hearing to review the state of the beef industry.
Chairman Frank Lucas issued the following statement regarding Budget Committee Chairman Paul Ryan's Fiscal Year 2012 Budget Resolution.
Chairman Frank Lucas and Ranking Member Collin Peterson issued the following statements after the U.S. House of Representatives passed H.R. 872, the Reducing Regulatory Burdens Act of 2011 in a bipartisan vote, 292-130.
the House Agriculture Committee held a public hearing to review the definitions of key terms included in Title VII of the Wall Street Reform and Consumer Protection Act, such as "swap," "Swap Dealer," and "Major Swap Participant."
The Subcommittee on Conservation, Energy, and Forestry held a public hearing to further review the Chesapeake Bay Total Maximum Daily Load (TMDL), agricultural practices, and their implications on national watersheds.
The House Agriculture Committee adopted the budget views and estimates letter which outlines the committee's budget recommendations for the agencies and programs under its jurisdiction for fiscal year 2012.
Rep. Frank Lucas (R- OK) and Rep. K. Michael Conaway (R-TX) sent a letter to the Inspector General of the Commodity Futures Trading Commission (CFTC) on Friday requesting an investigation of the cost-benefit analysis performed by the agency for the implementation of Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
The House Agriculture Committee held a public hearing to review the impact of Environmental Protection Agency (EPA) regulations on agriculture.