We have been working very closely with farmer cooperatives.
We think that is very important, and we think that was Congress' intent to make sure that U.S. banks somehow, you know, did not have the sam...
We plan to extend that.
It is a risk because risk and money know no geographic boundaries or borders.
We at the agency are committed to do that, and it is also in our statute.
I also thank my fellow Commissioners and CFTC staff for their hard work and commitment on implementing the legislation.
I am pleased to testify on behalf of the Commodity Futures Trading Commission (CFTC).
But no one will be required to do it.
But it reminds me that in 2008, the financial system and the financial regulatory system both failed the American public.
In the United States, hundreds of billions of taxpayer dollars were put on the line to bail out the financial system.
A requirement for end users like MillerCoors to post margin to its counterparties would have a serious impact on our ability to invest in an...