Farmers are digging in their pocket to be able to plant the crop that feeds and fuels this country at a deficit to themselves.

It is not just the family farm that is impacted by this, it is every rural community, it is every city in America.

The EPA has been very quick to regulate farmers, but very slow to actually help farmers answer the questions.

I have fought as the guy from Iowa for year-round sale of E15. I think it is very important.

we also have to be singing from the same song book, understanding what is happening.

Under SEC Chairman Gensler's leadership, in Iowa, my home State, small and mid-sized businesses are being crushed by both ill-thought-out rules and increased compliance costs.

Chairman Behnam, thank you very much for the work that the CFTC and your team has done in this area.

We have received some feedback from a number of stakeholders regarding some downstream impacts of Basel III and its proposal on the derivative markets and ultimately the end-user.

I am proud to have co-led the Protect Small Business and Prevent Illicit Financial Activity Act.

We all know in this city, that type of bipartisan agreement is something that should be celebrated.

I have witnessed continuous decisions that have hurt small businesses back in my home State of Iowa.

Regulators, namely the Commodity Futures Trading Commission (CFTC), the Securities and Exchange Commission (SEC), and the prudential regulators, must not make hedging so costly it becomes prohibitively expensive for end-users to manage…

We are in some very serious times with our debt, and it is on the backs of our children and grandchildren.

I want to commend you for your Committee on advancing a budget resolution for Fiscal Year 2024 that would reduce the national deficit by $16 trillion and balance our Federal budget within ten years.

We will have no path forward in paying down our national debt if we do not make these reforms now.

I am here to just really highlight the important role that biofuels help play in supporting countless jobs to reduce prices at the pump for Americans.

I also just want to highlight here how fantastic the Natural Resources Committee has been on standing up for American energy independence.

Mr. Chairman, I also want to commend you for your leadership on this important Committee and your efforts to steward our natural resources, reduce energy costs, and boost fuel production.

Thank you, Chairman Westerman and Ranking Member Grijalva for providing a forum for non-Natural Resources Committee Members like myself, to articulate policy priorities within this Committee's jurisdiction.

During SEC Chairman Gensler's watch, he has put forth, an unprecedented number of rule proposals that you have all highlighted.

The SEC has failed to evaluate the aggregate effects of these proposed disclosures on business, on investors, and on the overall U.S. economy.

These market-altering proposals have been pushed by the Chair's own agenda, contrary to any input from industry.

That's why I fought to protect critical clean energy tax cuts during Congress' debt limit negotiations and continue to fight on behalf of the biofuel industry as we craft the 2023 Farm Bill.

I think we all agree that's unacceptable.

To fix this, I have introduced a bipartisan ReConnecting Rural America Act of 2023 (H.R. 4227).