Washington, D.C. — After meeting with the president today, House Agriculture Committee Chairman Mike Conaway (TX-11) issued the following statement concerning President Trump’s support for on-time passage of a strong, new farm bill and the administration’s announcement of emergency aid to help American farm and ranch families weather unjustified retaliation by foreign countries against U.S. agricultural exports: “For years, our committee has highlighted that the U.S. is living up to its trade co...
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Washington, D.C. – Today, the House Agriculture Committee held a hearing to review the upcoming agenda for the Commodity Futures Trading Commission. After the hearing, Chairman K. Michael Conaway (TX-11) made the following remarks: “It was clear in today’s hearing that just because the Dodd-Frank rules are written doesn’t mean regulators are done with their work. Chairman Giancarlo did a thorough job explaining how he’s trying to tackle an important review of the existing rules, and improve inte...
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Remarks as prepared for delivery: Good morning. I want to welcome you all to today’s hearing examining the upcoming agenda at the Commodity Futures Trading Commission. I’d like to start by welcoming back Chairman Giancarlo. Chris, it’s great to have you back here. The committee last met with you in October and at that time, you were working on a number of important initiatives at the commission, notably, LabCFTC and Project KISS. You also outlined a plan to begin refining the Title VII swaps rul...
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In this week's #FarmBillFriday, Rep. Greg Gianforte (MT-AL) visits with local Montana sugar beet farmers about the crucial importance of a strong safety net and fair trade agreements. "We have a good bill that passed the House. Now, we need to get it through the Senate and to the president’s desk to make sure we have a safety net for Montana ag and free and open access to trade." Rep. Gianforte said [in part]: Rep. Gianforte: Agriculture is Montana’s number one industry. We need a safety net and...
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Washington, D.C. – Today, the House of Representatives moved to send the 2018 Farm Bill to conference committee. Following the vote, Speaker Paul Ryan (WI-1) named the House conferees, or members who will seek to resolve the differences between the two chambers’ bills. House Agriculture Committee Chairman K. Michael Conaway (TX-11) issued the following statement on the House’s action: “Today, we move one step closer to delivering a strong, new farm bill to the president’s desk on time as he has ...
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Washington, D.C. – Today, the House Agriculture Committee held a hearing to shed light on the promise of digital assets and the regulatory challenges facing this new asset class to ensure the promotion of strong markets for commodities of all types. Following the hearing, Chairman K. Michael Conaway (TX-11) issued the below remarks: “Digital assets hold immense promise as an emerging area of commerce, but as today’s hearing highlighted, identifying tokens as either a security or commodity remain...
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Remarks as prepared for delivery: Good morning. I see a lot of new faces today as we tackle a cutting-edge topic for the committee: digital assets. For those of you who have not joined us before, welcome. We are happy to have you as we discuss an emerging policy area that is of deep interest to our members, to the emerging cryptocurrency industry, and…we hope…to Americans of all stripes. Digital assets like Bitcoin and Ether, but also like hundreds of other token-based projects that are being de...
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In this week's #FarmBillFriday, Rep. Doug LaMalfa (CA-1) takes viewers on a tour of his farm in northern California where he highlights the great variety of agricultural products grown in California and stresses the need to pass a farm bill to keep America strong. "The farm bill is as important for just about everything... it means a lot to everybody in farming as well as the nutrition programs for consumers, so let’s pass this farm bill because it will make America strong." Rep. LaMalfa said [i...
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By WSJ Editorial Board An old line from writer P.J. O’Rourke is that the two most terrifying words in Washington are “bipartisan consensus,” and the Senate farm bill looks like a classic example. Before it went on its Fourth of July recess the Senate whooped through, 86-11, a farm bill whose only imagined virtue is broad support from both parties. At least there’s still a chance to improve the final product, particularly on work incentives in welfare. The farm bill is a Beltway totem that featur...
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In this week's #FarmBillFriday, Rep. Mike Bost (IL-12) highlights the immense diversity of agricultural products grown in his congressional district and emphasizes the vital importance a farm bill plays in feeding the American population and the world. "[The farm bill] is vitally important to feed the American population, and the world, and we’re doing that very very well, and as long as we keep working with a farm bill like this, we should be able to do that." Rep. Bost said [in part]: For thos...
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