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.
Lucas: House Passage of Farm Bill is a Huge Step Forward
Tamara Hinton, 202.225.0184
WASHINGTON – Today, Chairman Frank Lucas of Oklahoma issued the following statement after the U.S. House of Representatives passed H.R. 2642, the Federal Agriculture Reform and Risk Management (FARRM) Act of 2013 by a vote of 216-208.
"Today was an important step toward enacting a five-year farm bill this year that gives our farmers and ranchers certainty, provides regulatory relief to small businesses across the country, significantly reduces spending, and makes common-sense, market-oriented reforms to agricultural policy. I look forward to continuing conversations with my House colleagues and starting conversations with my Senate colleagues on a path forward that ultimately gets a farm bill to the President's desk in the coming months," said Chairman Frank Lucas.
To view Chairman Lucas' floor speech before the final vote click here.