MEDIA CONTACT: Tamara Hinton, 202.225.0184 tamara.hinton@mail.house.gov This week during The Ag Minute, Chairman Frank Lucas, discusses the need to capitalize on recent developments with tangible action on the free trade agreements with Colombia, Panama, and South Korea. Every day the U.S. delays implementing these agreements, there are lost opportunities for job creation and economic growth. Chai... 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 »
Chairman Frank Lucas spoke on the floor of the U.S. House of Representatives in support of H.R. 910, the Energy Tax Prevention Act of 2011. Read more »
MEDIA CONTACT: Tamara Hinton, 202.225.0184 tamara.hinton@mail.house.gov This week during The Ag Minute, Chairman Frank Lucas, discusses the need to pass H.R. 910, the Energy Tax Prevention Act of 2011. The legislation will prevent the Environmental Protection Agency (EPA) from regulating greenhouse gases under the Clean Air Act. The U.S. House of Representatives is expected to vote on the bill thi... Read more »
MEDIA CONTACT: Tamara Hinton, 202.225.0184 tamara.hinton@mail.house.gov Today, this Committee continues its series of hearings to review the implementation of the derivatives provisions in the Dodd-Frank Wall Street Reform Act. Already, we’ve heard from diverse market participants, from farmer cooperatives to manufacturers to global financial institutions. Rarely does Congress consider an issue th... 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 »