Washington, D.C. - Today, House Agriculture Committee Chairman K. Michael Conaway issued the following statement after the Energy and Environmental Markets Advisory Committee (EEMAC), an advisory committee of the Commodity Futures Trading Commission (CFTC), released a report recommending the regulator abandon its plans to limit the number of futures contracts a trader can hold on certain commoditi... Read more »
Washington, D.C. - Today, Rep. Austin Scott (GA-8), Chairman of the House Agriculture Subcommittee on Commodity Exchanges, Energy, and Credit, held a hearing to review the G20 swap data reporting goals. Members heard from a panel of witnesses who shared the progress being made toward meeting the reporting and transparency goals set forth by the Group of Twenty (G20) enacted in the Dodd-Frank Wall ... Read more »
Remarks as prepared: Good Morning. I want to start today by thanking you for joining the Commodity Exchanges, Energy, and Credit Subcommittee for our first meeting of 2016. As many of you may remember, the full House Committee on Agriculture held a hearing last July on the implementation of Dodd Frank over the five years since it was passed. That hearing highlighted some of the remaining challenge... Read more »
AgWeb By Chairman K. Michael Conaway Cotton farmers in America are facing a crisis. Extreme drought, predatory trade practices by countries like China and India, and the lack of a viable safety net are threatening the livelihoods of thousands of American farm families. While the general farm economy is experiencing the largest three-year percentage decline in net farm income since the Great Depres... Read more »
Washington, D.C. - Today, the House Agriculture Committee held a hearing with Secretary of Agriculture Tom Vilsack to review the state of the rural economy. According to the latest forecast from U.S. Department of Agriculture (USDA), net farm income in the United States is expected to fall by 56 percent from 2013 to 2016, the largest three-year percentage decline in net farm income since the Great... Read more »
Remarks as prepared for delivery: I am pleased that Secretary Vilsack could join us for this annual hearing to assess the economic conditions in farm country. Thank you for joining us, Mr. Secretary. In assessing the situation, I think it is fair to say that America’s farmers and ranchers are falling on some very hard times right now. Worse yet, I don’t see the light at the end of the tunnel. To q... Read more »
Washington, D.C. - Today, Rep. David Rouzer (NC-7), Chairman of the House Agriculture Livestock and Foreign Agriculture Subcommittee, held a hearing to examine the preparedness of the United States in the event of the introduction of foot and mouth disease (FMD) into the country. Members heard from a panel of witnesses who shared what steps have been taken and what still needs to be done to achiev... Read more »
Remarks as prepared: Good afternoon and welcome to today’s Livestock and Foreign Agriculture Subcommittee hearing. Today we will be evaluating our preparation in the event of an introduction of a highly contagious animal disease: Foot and Mouth Disease - or FMD. Thank you to everyone for taking the time to be here and I want to thank, in particular, our witnesses for their participation and valuab... Read more »
Washington, D.C. - Today, the House Agriculture Committee held a hearing to consider the impacts of the Environmental Protection Agency’s (EPA) actions on the rural economy. Members questioned EPA Administrator Gina McCarthy, on the agency’s overreaching, burdensome regulations and policies such as the “waters of the United States” rule, proposed changes to the ozone standard and pesticide uses, a... Read more »
Remarks as prepared: Good morning. I thank Administrator McCarthy for being here today. There is a reason a top issue for nearly every Member of the Agriculture Committee is related to the regulatory agenda of the Environmental Protection Agency. Many members of this committee believe that over the years, EPA has pursued an agenda seemingly absent any recognition of the consequences for rural Amer... Read more »
