Remarks as prepared for delivery: Thank you all for joining us today and welcome to today’s full committee hearing Dodd-Frank Turns Five: Assessing the Progress of Global Derivatives Reforms. The 2008 financial crisis prompted global leaders to reevaluate the regulatory regime for derivatives. In Pittsburg and again in Cannes, global leaders set out five categories of reforms – clearing, margining... Read more »
Washington, D.C. - Today, the House Agriculture Committee held a hearing to assess the progress of global derivatives reforms since the Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law five years ago. Dodd-Frank imposed sweeping new regulations over the financial industry, including the regulation of swaps under Title VII, which had previously not been regulated in the... Read more »
Washington, D.C. - Today, Rep. K. Michael Conaway (R-TX), Chairman of the House Agriculture Committee, issued the following statement regarding legislation introduced by Senator Hoeven (R-ND) and Senator Stabenow (D-MI) that ties repeal of country of origin labeling (COOL) to both the elimination of existing market driven programs and the establishment of a so-called voluntary country of origin (C... Read more »
Washington, D.C. - Today, Rep. K. Michael Conaway (R-TX), Chairman of the House Agriculture Committee, issued the following statement after the House passed H.R. 1599, the Safe and Accurate Food Labeling Act by a vote of 275-150. The bill, authored by Rep. Mike Pompeo (R-KS) and Rep. G. K. Butterfield (D-NC) was approved by the House Agriculture Committee on July 14, 2015, by voice vote. “Advances... Read more »
Washington, D.C. - Today, the House Agriculture Committee held a public hearing to conduct general oversight of the U.S. Department of Agriculture. USDA Secretary Tom Vilsack testified, taking questions from committee members on various programs and projects the department manages and executes. Members referenced reports by USDA Inspector General Phyllis Fong (OIG) and the U.S. Government Accounta... Read more »
Remarks as prepared for delivery: I want to welcome the Secretary today and thank him for being here. He and his staff have worked hard to fulfill many of the Committee’s oversight requests this first seven months. We appreciate your cooperation and your staff working with my staff. It is Congress’ responsibility implicit in the U.S. Constitution and explicit in the House Rules to conduct oversigh... Read more »
Today, nearly 500 organizations and associations, part of the Coalition for Safe and Affordable Food, sent a letter to Congress urging members to support H.R. 1599, the Safe and Accurate Food Labeling Act. Last week the House Agriculture Committee passed the bipartisan bill by voice vote and it is expected to be voted on by the House later this week. Read more »
Washington, D.C. - Today, Rep. K. Michael Conaway (R-TX), Chairman of the House Agriculture Committee, issued the following statement on the fifth anniversary of the Dodd-Frank regulatory overhaul. “Five years have passed since President Obama signed the massive rewrite of our nation’s financial system into law, promising the bill would promote financial stability and put an end to the causes of t... Read more »
Washington, D.C. - Today, Chairman Mike Conaway and Ranking Member Collin Peterson commented on the importance of the biotech labeling legislation. “A centerpiece of H.R. 1599 “The Safe and Accurate Food Labeling Act of 2015,” authored by Representatives Pompeo and Butterfield and cosponsored by 106 members including ourselves, is to avoid the patchwork of state laws dealing with biotech food labe... Read more »
Washington, D.C. - Today, Rep. Jackie Walorski (IN-2), Chairwoman of the Subcommittee on Nutrition, held a hearing to discuss the development and utilization of evidence-based solutions to improve nutrition programs. This hearing is a continuation of the committee’s ongoing review, known as the Past, Present, and Future of SNAP. The subcommittee heard from experts who shared how results from quali... Read more »
