Remarks as prepared for delivery: Good Morning. Thank you for joining us today for this hearing of the Commodity Exchanges, Energy, and Credit Subcommittee as we continue the Agriculture Committee’s work toward CFTC reauthorization. Thus far, we’ve appreciated the opportunity to hear perspectives on reauthorization from end-users and market participants. Their testimony has been vital to helping u... Read more »
Remarks as prepared for delivery: Mr. Chairman, thank you for holding this important hearing. As you know, I chaired this subcommittee for a number of years, and I cannot think of a better successor than you. I know you care deeply about the policies under the jurisdiction of this subcommittee and the farmers and ranchers that these policies are designed to serve. I mainly want to echo the Chairma... Read more »
Remarks as prepared for delivery: I want to welcome our witnesses, Administrator Willis and Administrator Dolcini. Thank you for being here, gentlemen, and thank you for all of the good work that you have done so far in implementing the Farm Bill. By Tuesday of next week, most farmers from across the country will have made the choices that we offered them under the Farm Bill. This will be the caps... Read more »
Remarks as prepared for delivery: Good Afternoon. Thank you for joining us for our second meeting of the Commodity Exchanges, Energy, and Credit Subcommittee of the House Committee on Agriculture. Yesterday, we kicked off the work of this new subcommittee by hearing from several representatives from the community of derivatives end users on their thoughts regarding the CFTC reauthorization process... Read more »
Remarks as prepared for delivery: Thank you, Chairman Rouzer and Ranking Member Costa, for holding this important hearing. Thank you, also to all of our witnesses for taking your time to be here today and helping us understand the consequences we face if we fail to act and the WTO appellate body ultimately finds against the United States as the previous panels have. The debate surrounding mandator... Read more »
Remarks as prepared for delivery: Good morning. I would like to start by quickly thanking Mr. Bryan Blinson for attending today’s hearing. Mr. Blinson serves as the Executive Director for the North Carolina Cattlemen’s Association. We are happy to have him join us today and appreciate all his hard work on behalf of North Carolina’s cattlemen. As we have all observed, the United States is fortunate... Read more »
Chairman Austin Scott has been an important voice of common sense on our Committee for the past four years and I am grateful that he has agreed to chair this subcommittee. With his previous experience in the financial services industry I know he will be an asset to this committee during reauthorization and during our oversight hearings in the coming year. I am equally pleased that David Scott is b... Read more »
Remarks as prepared for delivery: Good Afternoon. I’d like to welcome you to the inaugural hearing of the Commodity Exchanges, Energy and Credit subcommittee of the House Committee on Agriculture. I am honored that Chairman Conaway asked me to serve the Committee this Congress by chairing our newest subcommittee. When Mr. Conaway asked me to step into this role, he said that he wanted to ensure th... Read more »
Remarks as prepared for delivery: Good Morning. I want to thank each of you for being here today to discuss agricultural biotechnology. Mankind has used biological technologies for more than 10,000 years to improve crops and livestock, and to make useful food products, such as bread and cheese, and to preserve dairy products. When applied to plant breeding, these technologies have led to the evolu... Read more »
Remarks as prepared for delivery: Today we will once again consider the Reducing Regulatory Burdens Act. As many of you will remember, this Committee met four years ago to mark up this very same bill text. That bill, H.R. 872, was reported out of our committee by voice vote and passed the House floor on suspension with a vote of 292-130. The same bill passed the House in the last Congress as H.R. ... Read more »
