Washington, D.C. – Today, the House Agriculture Subcommittee on Commodity Exchanges, Energy and Credit held a hearing on how Brexit and other international developments affect U.S. derivatives markets. After the hearing, Subcommittee Ranking Member Austin Scott (GA-8) and Committee Ranking Member K. Michael Conaway (TX-11) made the following remarks: “Today’s hearing underscored the importance of ... Read more »
Remarks as prepared for delivery: Thank you, Mr. Chairman. I appreciate your indulgence to say a few words about the distinguished chairman of the CFTC. Chris, thank you. Thank you for your service; Thank you for your diligence, thoughtfulness and candor; Thank you for your relentless curiosity; And, most of all, thank you for your bottomless reservoir of optimism. Everyone up on this dais knows h... Read more »
Remarks as prepared for delivery: First off, I would like to congratulate my friend and fellow Georgian, David Scott, on chairing this subcommittee and I look forward to the bipartisan work we will do this Congress. Next, I would like to welcome the new members to this subcommittee and of course Chairman Giancarlo. Good morning, Chairman Giancarlo. It’s good to have you back here one last time bef... Read more »
Washington, D.C. – Today, the House Agriculture Subcommittee on Commodity Exchanges, Energy and Credit held a hearing on the state of the Commodity Futures Trading Commission (CFTC). After the hearing, Subcommittee Ranking Member Austin Scott (GA-8) and committee Ranking Member K. Michael Conaway (TX-11) made the following remarks: “I want to thank Chairman Giancarlo for his testimony today and hi... Read more »
Washington, D.C. – House Agriculture Committee Chairman Collin Peterson of Minnesota and Ranking Member Mike Conaway of Texas announced the rosters for the six subcommittees of the House Agriculture Committee today in Washington. Commodity Exchanges, Energy, and Credit Democratic members include: Chairman David Scott, Georgia Jeff Van Drew, New Jersey Filemon Vela, Texas Stacey Plaskett, U.S. Virg... Read more »
Washington, D.C. – Today, House Agriculture Committee Ranking Member K. Michael Conaway (TX-11) announced the subcommittee Ranking Members for the 116th Congress. “With farm bill implementation underway, our subcommittees will play an instrumental role in promoting and protecting policies that are important to rural America and our country’s farm and ranch families. I look forward to working with ... Read more »
Washington, D.C. – Today, the House Agriculture Committee held a hearing to review the upcoming agenda for the Commodity Futures Trading Commission. After the hearing, Chairman K. Michael Conaway (TX-11) made the following remarks: “It was clear in today’s hearing that just because the Dodd-Frank rules are written doesn’t mean regulators are done with their work. Chairman Giancarlo did a thorough ... Read more »
Remarks as prepared for delivery: Good morning. I want to welcome you all to today’s hearing examining the upcoming agenda at the Commodity Futures Trading Commission. I’d like to start by welcoming back Chairman Giancarlo. Chris, it’s great to have you back here. The committee last met with you in October and at that time, you were working on a number of important initiatives at the commission, n... Read more »
Washington, D.C. – Today, the House Agriculture Committee held a hearing to shed light on the promise of digital assets and the regulatory challenges facing this new asset class to ensure the promotion of strong markets for commodities of all types. Following the hearing, Chairman K. Michael Conaway (TX-11) issued the below remarks: “Digital assets hold immense promise as an emerging area of comme... Read more »
Washington, D.C. – Today, House Agriculture Committee Chairman K. Michael Conaway (TX-11) welcomed newly-confirmed U.S. Department of Agriculture (USDA) Sec. Sonny Perdue to Capitol Hill to testify on the “State of the Rural Economy.” Following the hearing, Chairman Conaway made the below statement: “Against the backdrop of a four-year, 50-percent decline in net farm income, Sec. Perdue’s comments... Read more »