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Lucas Statement on Sommers Departure

| Posted in Press Releases

Chairman Frank Lucas released the following statement in response to the announcement by the Commodity Futures Trading Commission (CFTC) that Commissioner Jill Sommers will be leaving the agency this year.

Opening Statement of Chairman Frank D. Lucas Committee on Agriculture Business Meeting to Consider Organizational Matters of the Committee in the 113th Congress

| Posted in Opening Statements

­­­­­­­­­­­­­­­­­­MEDIA CONTACT: Tamara Hinton, 202.225.0184 tamara.hinton@mail.house.gov Good morning and thank you for joining me for the first business meeting of the 113th Congress. Before we begin the business at hand, I would first like to say I am honored to serve a second term as the Chairman of this Committee. Many of you know my background, but for those who do not let me tell you. I am ...

Foreign Regulators Caution: Cooperation Essential to Market Stability

| Posted in Press Releases

Rep. K. Michael Conaway, Chairman of the House Agriculture Committee's Subcommittee on General Farm Commodities and Risk Management, held a public hearing to examine the challenges facing the United States and international regulators as they attempt to balance various derivatives reforms across a global marketplace.

Opening Statement of Chairman Lucas at Dodd-Frank Derivatives Reform: Challenges Facing U.S. and International Markets Subcommittee Hearing

| Posted in Opening Statements

­­­­­­­­­­­­­­­­­­MEDIA CONTACT: Tamara Hinton, 202.225.0184 tamara.hinton@mail.house.gov Good morning. Chairman Conaway, I appreciate you holding this timely and important hearing to examine very real challenges that are facing both the U.S. and international regulators as they attempt to balance various reforms across a global marketplace. I hope we can all agree that reforming the OTC derivativ...