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.
Goodlatte Comments on New Budget Estimates
WASHINGTON, D.C. – Chairman Bob Goodlatte released the following statement regarding the revised CBO estimates of the Administration’s budget:
“I am alarmed by the revised CBO estimates of the Administration’s budget released recently. These estimates call for cuts of $9.1 billion in programs under the jurisdiction of the Agriculture Committee over five years. This is unacceptable. The level of reduction, which is proportionally far higher than in any other budget area, would seriously impair the functionality of the Committee’s programs. I will work with my colleagues to insure that reductions of this magnitude do not stand.”