John Boozman: “The CFTC is vital to our agriculture stakeholders who have used derivative markets for price discovery and risk…”

It’s time for the Senate to pass this legislation and provide the regulatory clarity the marketplace needs to ensure the U.S. remains a global leader.

I’m pleased to continue working with Senator Hoeven to strengthen the future of American agriculture.

I’m a guy that’s pretty low key and pretty good at working with people to get things done. And we’ve worked really hard to get this done. Farmers desperately need it.

Should this legislation be defeated today, current law will remain in effect, and states who poorly administer SNAP programs will begin to pay for the portion of the benefit cost next year.