Jerry Moran

I started looking at entrepreneurship opportunities, trying to create that circumstance in the United States in which somebody who has an idea and goes to work in their backyard, their garage, their basement, has a greater opportunity of…

I continue to hear concerns about a lack of coordination among the Stability Council members on various Dodd-Frank Act rulemakings.

In my view, there remains to be a lot of work done in regard to innovation and startups, creating an entrepreneurship environment.

I'm worried about how a company who's trying to make investment decisions, borrow money, make decisions about whether to invest in additional plant and equipment, expand their business, is going to have the certainty that they're not going…

But you just indicated that's not your belief. In fact, speculation, what benefits arise from those who speculate in markets, in the oil market.

Another way--an additional way to deal with our growing deficit is to grow the economy.

If your company looks like it won't survive, there's a waiver process.

If they had the need, the waiver process would work in their benefit to see that they had the capacity to continue to deploy broadband, but also to pay for the loans and grants, to repay the loans and grants.

Given that the LSOC for swaps will not come on-line until November of this year, will you commit to this subcommittee that you will hold off on pursuing the LSOC model for the futures market until the cost-benefit analysis for the LSOC for…

And I just would indicate that when we use the word 'speculation', it seems to have developed a negative connotation.

I would welcome your input. Thank you very much.

As we review the budget submission for CFTC, I look forward to hearing the details of your request, your plan to carry out your core mission, and your efforts to implement the Dodd-Frank Act.

Speculation is useful to the economy including in establishing a market for oil and gasoline.

When we use the word 'speculation', it seems to have developed a negative connotation.

I think your answer to my question suggests that in this case, that's what you're doing.

Will you commit to this subcommittee that you will hold off on pursuing the LSOC model for the futures market until the cost-benefit analysis for the LSOC for swaps has been fully evaluated?

We may have to have those conversations. And you've been kind to make that offer in the past, and I welcome that opportunity again.

The cost-benefit and application of rules must be carefully considered. Speed should not be valued over deliberation.

The need for transparency and accountability in our financial markets also extends to those who regulate them.

We all benefit from effective oversight that promotes fair and orderly derivative markets.

And I think your testimony was an indication that with that magnitude of speculation, there is a consequence to the price, either up or down.

The credibility of any regulatory framework is also critical to ensuring its success.

I support the President's energy policy to reduce our reliance on foreign sources of energy, including oil.

However, Under Secretary O'Toole said that the reassessment committee will also consider the question of, 'Could the country manage Plum Island Animal Disease Center, which would not be pushed to a Bio-Safety Level 4 (BSL-4) level?'

There would be a 99.4 million shortfall in fiscal year 2013.