Remarks as prepared: Good morning, and welcome to today’s hearing. This is the second in a series of hearings that each subcommittee is holding on the state of the farm economy. As we know, the agricultural economy is highly cyclical. Given the recent 56 percent drop in net farm income and the hard times that inevitably come along with that, I believe it is important to hold hearings like the one ... Read more »
Remarks as prepared: Good Morning. I want to start today by thanking you for joining the Commodity Exchanges, Energy, and Credit Subcommittee for our first meeting of 2016. As many of you may remember, the full House Committee on Agriculture held a hearing last July on the implementation of Dodd Frank over the five years since it was passed. That hearing highlighted some of the remaining challenge... Read more »
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 »
Washington, D.C. - Today, the House Agriculture Committee continued its series of hearings in advance of writing legislation to reauthorize the Commodity Futures Trading Commission (CFTC), which lapsed in September 2013. Members of the Subcommittee on Commodity Exchanges, Energy, and Credit Subcommittee, chaired by Rep. Austin Scott (R-GA), held a public hearing to examine the reauthorization of t... 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: 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 »
