Rep. Frank Lucas, Chairman of the House Agriculture Committee, today issued a statement in response to the Commodity Futures Trading Commission's (CFTC) surprise "advisory notice" to further regulate cross-border swaps.
In Case You Missed It: Dodd-Frank Act Will Increase Costs for Farmers and Ranchers
Tamara Hinton (202) 225-0184
WASHINGTON – A report from CNBC explains the negative impact the Dodd-Frank Act will have on our farmers and ranchers on the day President Obama signed the bill into law. In the report, a rancher from Wyoming discusses how there could be fewer hedging opportunities, which will increase the cost of doing business.
To watch the complete video click here.