Jackie Walorski: “I would like to thank Congressman Goodlatte and Chairman Conaway for their continued leadership in support of my…”

“I would like to thank Congressman Goodlatte and Chairman Conaway for their continued leadership in support of my amendment. My amendment today would encourage the CFTC to keep both U.S. producers and users of aluminum firmly in mind as they proceed in their work. We might take it for granted, but aluminum is part of our everyday life. It is used in everything from food packaging to commercial buildings and homes to automotive and air transportation. In my home State of Indiana, aluminum is home to 10,000 industry jobs that account for over $5 billion in economic activity every year. About 1,800 of those workers are employed at an integrated facility in southern Indiana that boasts the largest operating smelter in the United States and is one of eight still in use in the country. My amendment would require the CFTC provide this body with an update of the status of its consultations with U.S. producers and consumers of aluminum. To better protect the thousands of workers in my district and businesses and consumers across the country, we must ensure the CFTC is operating in a transparent manner where the rules are designed to help fair and open price discovery. It is imperative that everyone who participates in the physical aluminum market have confidence in the system, and my amendment will ensure the protection of our workers, businesses, and consumers. I ask my colleagues to join me in support of my amendment. I reserve the balance of my time. The CHAIR.…”