WASHINGTON, DC — One week since its introduction, the Digital Commodity Exchange Act has received a number of statements of support from crypto leaders. Glenn "GT" Thompson, Republican Leader of the House Agriculture Committee, was joined by Representatives Ro Khanna, Tom Emmer, and Darren Soto on April 28 to roll out the legislation that establishes effective oversight of digital commodity market... Read more »
Remarks as prepared for delivery: Thank you, Mr. Chairman. Welcome Deputy Under Secretary Dean and Administrator Long. Administrator, I hear this is your first appearance at a Congressional hearing. Welcome to the historic Agriculture Committee hearing room. And I see Associate Administrator Shahin has accompanied you both. Ms. Shahin, please accept my heartfelt gratitude for your work at the Depa... Read more »
Today, Rep. Glenn “GT” Thompson (R-PA), Republican Leader of the House Agriculture Committee, Rep. Ro Khanna (D-CA), Rep. Tom Emmer (R-MN), and Rep. Darren Soto (D-FL) issued the following statements after introducing H.R. 7614, the Digital Commodity Exchange Act of 2022 (DCEA). With jurisdiction over commodity markets, the House Agriculture Committee is uniquely positioned to play a significant r... Read more »
Remarks as prepared for delivery: Thank you, Mr. Chairman. Chairman Behnam, welcome. It is a pleasure to have you before our Committee today to discuss the current state of the CFTC and your plans for the coming year. I want to begin by congratulating you on your unanimous confirmation, which was a significant vote of confidence in you and for the Commission’s work. You have important responsibili... Read more »
House Agriculture Committee Republican Leader Glenn "GT" Thompson (R-PA) and Chairman David Scott (D-GA), along with U.S. Senate Agriculture, Nutrition, and Forestry Republican Leader John Boozman (R-AR) and Committee Chairwoman Debbie Stabenow (D-MI) sent a letter to Rostin Behnam, Chairman of the Commodity Futures Trading Commission (CFTC), for more information on the digital asset marketplace, ... Read more »
Today, Republican Leader of the House Agriculture Committee, Glenn 'GT' Thompson (R-PA), released a discussion draft of the Digital Commodity Exchange Act of 2021—a blueprint for the regulation of digital commodity markets—to solicit feedback before formally introducing the legislation. "Because of its oversight of commodity markets, the House Agriculture Committee plays a critical role in the exc... Read more »