House Committee on Agriculture Chairman K. Michael Conaway (TX-11) and Conservation and Forestry Subcommittee Chairman Glenn ‘GT’ Thompson (PA-5) released the following statement in response to the Environmental Protection Agency (EPA) and the Army Corps of Engineers final “waters of the United States” (WOTUS) rule. This rule further obscures the original intent of the Clean Water Act (CWA) by significantly expanding waters subject to federal jurisdiction.
December 8, 2012 - MF Global Bankruptcy Hearing
December 8, 2011 - the House Agriculture Committee held a public hearing to examine the MF Global bankruptcy and reports that as much as $1.2 billion in customer funds have gone missing. The disappearance of customer funds from MF Global has badly shaken the trust that farmers, ranchers, and businesses across America place in futures trading.
The hearing marked the first public comments about the circumstances surrounding the bankruptcy from MF Global’s former CEO, Jon Corzine.
Members questioned Corzine and other witnesses about the events leading up to the bankruptcy and the whereabouts of customer funds.