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Subcommittee Reviews Impact of Capital and Margin Requirements on End-Users

| Posted in Press Releases

Washington, D.C. - Today, the House Agriculture Committee’s Subcommittee on Commodity Exchanges, Energy, and Credit held a public hearing to review the impact of the Dodd-Frank Act on derivatives markets and participants. Members of the subcommittee examined the unintended consequences of some of the most important regulations following the financial crisis: the new capital standards and margin re...

Opening Statement: Subcommittee Chairman Austin Scott: To Review the Impact of Capital and Margin Requirements on End-Users

| Posted in Opening Statements

Remarks as prepared: Good Morning. Thank you for joining the Commodity Exchanges, Energy, and Credit Subcommittee for today’s hearing, which is the second in a series to examine the implementation of Dodd-Frank over the past five years. In February, we held our first hearing to talk about swap data standards and transparency. During today’s hearing, we’ll talk about the unintended consequences of ...

Subcommittee Examines Factors Impacting Cost of Production

| Posted in Press Releases

Washington, D.C. - Today, Rep. Rodney Davis (IL-13), Chairman of the House Agriculture Committee’s Subcommittee on Biotechnology, Horticulture, and Research, held a hearing to highlight the positive and negative factors impacting cost of production. This is the third hearing in the series Focus on the Farm Economy, where each of the six subcommittees will examine the state of the farm economy from...

Opening Statement: Subcommittee Chairman Rodney Davis: Focus on the Farm Economy: Factors Impacting Cost of Production

| Posted in Opening Statements

Remarks as prepared: Good morning. Two weeks ago, the Agriculture Committee commenced a series of hearings focused on the farm economy. Each subcommittee has been tasked with highlighting issues within their respective jurisdictions that impact the economic well-being of rural America. In the Biotechnology, Horticulture, and Research Subcommittee, we have spent considerable time discussing program...

ICYMI: For Agriculture, Every Day is Earth Day

| Posted in In Case You Missed It

Link to Article: Farm Policy Facts By: Sen. Pat Roberts & Rep. K. Michael Conaway Editor's Note: On this Earth Day, we are pleased to publish an editorial from the chairmen of the House and Senate Agriculture Committees celebrating the efforts of America's farmers and ranchers in protecting our natural resources. We've all heard it said: farmers are the original environmentalists. We say that beca...

145 House Members Demand Answers from EPA on Anti-Farmer Campaign EPA funds used in anti-farmer campaign in Washington State

| Posted in Press Releases

Today, Rep. Dan Newhouse (R-WA), House Agriculture Committee Chairman Mike Conaway (R-TX), and Rep. Brad Ashford (D-NE) were joined by 142 Members on a bipartisan letter to the Environmental Protection Agency’s (EPA) Administrator Gina McCarthy. The Members request answers on EPA Region 10’s funding of whatsupstream.com website and advocacy campaign in Washington State that attempts to influence ...

Chairman Conaway condemns Turkish cotton investigation

| Posted in Press Releases

Washington, D.C. - House Agriculture Committee Chairman K. Michael Conaway (R-TX) issued the following statement after the Turkish government announced a three percent duty on all U.S. cotton fiber imports into Turkey. This action follows the country’s unfounded investigation into whether U.S. cotton was dumped into Turkey, an allegation the National Cotton Council has challenged, saying it has no...

Subcommittee Examines Credit Conditions in Farm Country

| Posted in Press Releases

Washington, D.C. - Today, Rep. Austin Scott (GA-8), Chairman of the House Agriculture Committee’s Subcommittee on Commodity Exchanges, Energy, and Credit, held a hearing to examine tightening credit conditions in farm country. This is the second in a series of hearings entitled Focus on the Farm Economy, where each subcommittee will examine the growing pressure in rural America from the perspectiv...

Opening Statement: Subcommittee Chairman Austin Scott: Focus on the Farm Economy: Tightening Credit Conditions

| Posted in Opening Statements

Remarks as prepared: Good morning, and welcome to today’s hearing. This is the second in a series of hearings that each subcommittee is holding on the state of the farm economy. As we know, the agricultural economy is highly cyclical. Given the recent 56 percent drop in net farm income and the hard times that inevitably come along with that, I believe it is important to hold hearings like the one ...

Chairman Conaway Applauds Senate Committee Passage of CFTC Reauthorization Language

| Posted in Press Releases

Washington, D.C. - Today, House Agriculture Committee Chairman K. Michael Conaway (R-TX) issued a statement following the passage of legislation to reauthorize the Commodity Futures Trading Commission (CFTC) by the Senate Committee on Agriculture, Nutrition and Forestry. “I applaud Chairman Roberts and my counterparts on the Senate Agriculture Committee for their work in moving this CFTC reauthori...