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.
Fact Check Mr. President: The House and Senate Have Already Started Farm Bill Negotiations
Tamara Hinton, 202.225.0184
In his remarks to the nation this morning, President Obama said the following:
“[N]umber three. We should pass a farm bill, one that American farmers and ranchers can depend on, one that protects vulnerable children and adults in times of need, one that gives rural communities opportunities to grow and the long-term certainty that they deserve. Again, the Senate's already passed a solid bipartisan bill. It's got support from Democrats and Republicans. It's sitting in the House waiting for passage. If House Republicans have ideas that they think would improve the farm bill, let's see them. Let's negotiate. What are we waiting for? Let's get this done.”
As reported in Politico, the four principals of the House and Senate Agriculture Committees met on Wednesday, October 16, to discuss next steps in enacting a comprehensive farm bill this year. The first, formal conference meeting is expected when the House and Senate are in session together.