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Chairman Frank Lucas issued the following statement after the U.S. Senate voted to confirm Timothy Massad as the CFTC Chairman and Christopher Giancarlo and Sharon Bowen as CFTC Commissioners.

Subcommittee Examines Economic Factors, Regulatory Burdens Plaguing the Livestock Industry

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The Subcommittee on Livestock, Rural Development, and Credit held a public hearing to review the state of the livestock industry. Members heard from two panels of witnesses that ranged from the Chief Economist of the U.S. Department of Agriculture to an array of experts representing the animal agriculture industry. Together, they highlighted issues, such as regulatory burdens, feed costs, drought, animal disease, and trade, that are impacting this sector of the agricultural economy.

Committee Leaders Seek Answers from Secretary Sebelius on Manipulation of LIHEAP and SNAP

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Reps. Frank Lucas, Fred Upton, Steve King, and Tim Murphy sent a letter to Health and Human Services (HHS) Secretary Kathleen Sebelius requesting information on the agency's efforts to oversee states administering the Low Income Home Energy Assistance Program (LIHEAP), which is intended to provide benefits to those Americans most in need of energy assistance.

Bipartisan Group of Lawmakers Introduce the Customer Protection and End-User Relief Act

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Reps. Frank Lucas, Collin Peterson, K. Michael Conaway, and David Scott introduced H.R. 4413, the Customer Protection and End-User Relief Act. This legislation is a bipartisan effort to reauthorize and improve the operations of the Commodity Futures Trading Commission (CFTC), as well as address concerns relating to protecting customers from another market failure such as MF Global and Peregrine Financial.