At the request of Reps. Frank Lucas (R-OK) and K. Michael Conaway (R-TX), the Office of the Inspector General (OIG) for the Commodity Futures Trading Commission (CFTC) investigated the cost-benefit analyses of four rules related to the Dodd-Frank Wall Street Reform and Consumer Protection Act. Read more »
U.S. Representatives Frank Lucas (R-OK), Spencer Bachus (R-AL), K. Michael Conaway (R-TX), and Scott Garrett (R-NJ) introduced H.R. 1573, which would extend the deadline by 18 months for implementing Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Read more »
The Subcommittee on General Farm Commodities and Risk Management held a public hearing to further review the Commodity Futures Trading Commission's (CFTC) rulemaking process for implementing title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Read more »
Four Committee Chairs sent a letter to U.S. Department of Treasury Secretary Timothy Geithner, Federal Reserve Board Chairman Ben Bernanke, U.S. Commodity Futures Trading Commission Secretary Gary Gensler, and U.S. Securities and Exchange Commission Mary Schapiro yesterday urging them to provide an exemption from margin requirements for end-user transactions. Read more »
The Subcommittee on Rural Development, Research, Biotechnology, and Foreign Agriculture, held a public hearing to review market promotion programs and their effectiveness on expanding exports of U.S. agricultural products. Read more »
the House Agriculture Committee held a public hearing to review the definitions of key terms included in Title VII of the Wall Street Reform and Consumer Protection Act, such as "swap," "Swap Dealer," and "Major Swap Participant." Read more »