Frank Lucas: “I would just note in my observation that one of the things that I am most enamored with about Memphis is the awesome…”

You have reiterated how Members of the Board would like to see a revised Basel proposal put out for public comment.

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.

Before I yield to the gentlewoman from Iowa, I will simply note that like all legislative processes with the signature of the President on this piece of legislation, it will supersede the appropriated law. It will be straightforward. Mr…