Political Quotes

Pat Roberts: “This example seems to me to be a very normal transaction by a person who deals in the physical commodity, and he was…”

On the recordJune 14, 2011
This example seems to me to be a very normal transaction by a person who deals in the physical commodity, and he was trying to help farmers manage the risk.
Said by
Pat Roberts
Republican · Kansas

Editor's note · Context

Roberts argues that a proposed rule mischaracterizes a normal hedging transaction as speculative.

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