Frank Lucas: “I don't want to even imagine the kind of mess that would create.”

Before I yield to my colleague from Michigan, I yield myself such time as I may consume. Madam Speaker, this is a process that combines two good pieces of legislation. This is a process that takes what we successfully did in…

The CFTC's enforcement authority has been a closely watched issue during the past several years.

Thank you, Mr. Chairman, and thank you, Ranking Member, for holding this hearing, and the witnesses for agreeing to testify.

I have spent much time screaming about the potential impacts of the Basel capital requirements on the American economy.