Chairman Frank Lucas today released the following statement on Scott O'Malia's last day as Commissioner of the Commodity Futures Trading Commission (CFTC). Last month, O’Malia announced he would resign to pursue other opportunities.
Congress Sends Farm Bill to White House
WASHINGTON, DC – This afternoon, Congress sent H.R. 2419, the Food, Conservation and Energy Act of 2008 to President Bush. The bill passed the House of Representatives with a vote of 318-106 and passed the Senate with a vote of 81-15 last week.
“I hope that President Bush will seriously consider the many positive steps this bill takes to improve nutrition programs that are important to so many Americans, particularly during these difficult economic times; to expand and improve conservation programs that help farmers protect the environment; to continue and improve the safety net for farmers; to support fruit and vegetable producers and to encourage renewable energy production from cellulosic sources,” Agriculture Committee Chairman Collin Peterson said.
“We made every effort to work with Administration officials throughout the Farm Bill process, even when they showed no interest in coming to compromise on these important issues,” Chairman Peterson said. “While the President has pledged to veto the bill, I hope that the strong, bipartisan votes in the House and Senate will demonstrate its importance to the American people and lead him to sign it into law.”
The current extension of the 2002 Farm Bill expires on Friday, May 23, 2008.