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Must Read
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| Lucas Announces New Leadership Team for the Ag Committee“I am pleased to announce the Committee’s leadership team for the next Congress. Our Subcommittee Chairmen have demonstrated a commitment to ensuring the success of American agriculture and rural economies. I look forward to working with them as we address the important issues our agricultural producers and rural constituents face,” said Lucas. (Agri-Pulse)
U.S. Lawmakers Chide CFTC Over Cross-Border Rules
A group of U.S. Congress members across the political divide urged the country’s top derivatives regulator to decide quickly how its rules apply abroad, or risk disrupting derivatives markets. (Reuters)
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| House Ag Committee Action |
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Thursday, December 13, 2012
Subcommittee on General Farm Commodities and Risk Management
The Subcommittee examined the challenges facing the United States and international regulators as they attempt to balance various derivatives reforms across a global marketplace. Appearing for the first time before a Congressional committee, regulators from the European Union and Japan cautioned that U.S. markets were at risk if due care was not taken to complement regulatory structures across foreign jurisdictions.
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| House Highlights |
Thursday, December 20, 2012
The House passed the National Defense Authorization Act Conference Reportin a 315-107 vote.
The House also passed H.R. 6684, the Spending Reduction Act, in a 215-209 vote. This bill would repeal the automatic defense and non-defense discretionary cuts scheduled to occur in 2013 under the sequestration provisions of the Budget Control Act. |
| Looking Ahead |
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Merry Christmas and Happy Holidays!
For the most current information, visit http://agriculture.house.gov/hearings/. All public hearings and meetings available for live online viewing.
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| Federal Agriculture Reform and Risk Management Act of 2012 |
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For more information on the
House Committee passage of the bill click on the image above.
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