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The Ag Minute: Failure to Act on Trade Agreements Equals Lost Opportunities for Agriculture

| Posted in The Ag Minute

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...

Four Committee Chairs Send Bicameral, Bipartisan Letter to Key Regulators Urging End-User Exemption

| Posted in Press Releases

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.

The Ag Minute: H.R. 910 Protects Agriculture From EPA Overreach

| Posted in The Ag Minute

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...

Opening Statement of Chairman Lucas at Public Hearing Defining the Market: Entity and Product Classifications in Title VII of the Wall Street Reform and Consumer Protection Act

| Posted in Opening Statements

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...

Ag Committee Questions Impact of CFTC's Rules on Economy

| Posted in Press Releases

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."